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[...] Multifamily Housing Demand to Outpace Production On February 16, 2012, in Breaking News, Mortgage Financing, by Blog Contributor Share|By Erica Christoffer, Multimedia Web Producer, REALTOR® Magazine [...]
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[...] As a result, we predict the Echo Boomers will be renting longer than any previous generation. Multifamily Demand Continues to Outpace Production. Tighter lending conditions have slowed the rate of new multifamily construction. With demand [...]
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[...] According to the National Association of Home Builders, they are forecasting construction of only 208,000 multifamily units in 2012, which is well below the 350,000 units needed to maintain balance in the market, according to Sharon Dworkin Bell, NAHB senior vice president for multifamily. (full report here.) [...]
[...] Multifamily Housing Demand to Outpace Production [...]
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[...] Multifamily Housing Demand to Outpace Production [...]