Apartment Sector Remains Healthy, But May Be Nearing Slowdown

Online real estate marketplace, Ten-X recently released their latest U.S. Apartment Market Outlook which included their top five Buy and ‘Sell U.S. markets for multifamily real estate.  The report also says that the “apartment sector remains strong after years of booming growth, but may now be primed for a slowdown after far surpassing its prior cyclical peak.”   They rate Sacramento, CA, Las Vegas, Atlanta, Phoenix and Dallas as the top markets that investors should consider buying multifamily assets, while San Francisco, New York City, San Jose, Calif., Miami and Milwaukee are places where investors should consider selling them.

“While many larger metros appear to have reached a critical mass of supply and are now seeing fundamentals begin to cool, a strong economy and more limited development continue to make multifamily an attractive bet for investors across the country,” said Ten-X Chief Economist Peter Muoio.

Click here to read the full report at Ten-X.