Investors are betting on Multi for 2014

Just as we predicted: Investors are betting on multi family properties for 2014

Chris Flanagan, MBS/ABS Strategist with Bank of America-Merrill Lynch and MBS Strategist Justin Borst said in their Securitization Weekly Overview, “the December housing starts report provided some confirmation of the theme we discussed last week, which was that it appears as if a structural shift away from getting a mortgage and buying a single-family home to just being a renter is underway.”  This new report show that single-family housing may be decreasing and the multi-family rental market will continue to grow through 2014!

This increase in the apartment rental market is due in part to many young adults renting due to job constraints and other financial factors.

Smart investors are betting on Multi – and so are we: Read More