It is important to consider that the current building spree of multifamily product really hasn't begun to overwhelmingly change the housing stock. (realpage.com)
Fortunately for apartment owners, investor demand for multifamily product has remained strong even as prospective renters have purchased homes instead. (nreionline.com)
The more expensive multifamily product within a close driving distance to employment hotspots and other amenities hasn't had the same degree of competition from the for sale market. (realpage.com)