(To read more on the multifamily market, click here.)
IRVINE, CA-The Inland Empire has been named the top multifamily investment market to watch with Orange County coming in second, according to the multifamily edition of Orange County-based Sperry Van Ness' "Top 10 Markets to Watch" report. Las Vegas, Orlando and San Jose round out the top five markets, respectively.
"Together, San Bernardino and Riverside counties represent the complete package when examining all of our index metrics, as they rank near the top in almost every category," according to the report, whose index metrics include, among other things, population growth, home affordability, vacancy and rental trends.
"While the Inland Empire's cost of living is still higher than many parts of the country, it pales in comparison to that of Los Angeles and Orange County. As such, the region is experiencing tremendous growth."
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