Marcus & Millichap Apartment Report

Here is a recent video featuring Hessam Nadji on Bloomberg. The Marcus & Millichap Apartment Research Report is out and you can find in on their site by clicking here


Here are some points highlighted by Hessam:

• "Surge in demand causes construction to ramp up...broad-based recovery, employment and supply constraints are driving markets like San Jose, New York and San Francisco." 
• "Going towards the future we will start to see more optimism in for-sale market..."
• "It will not be surprising to see waves of renters leaving for homeowners in the coming years..."

I agree with his balanced assessment of how both single and multifamily should track along with job growth...this is not a zero sum game. 

Click here for video link