Part 4 of 4:
To sum up results from its recent RealShare Apartments survey, Grace Huebscher, president of Capital One Multifamily Finance, looks further into the future of the multifamily market, answering at one big question: "The Market Has Legs—But How Long Are They?"
She says that "Taking everything we heard from survey participants and conference panelists, we conclude that market sentiment expects the multifamily sector to do well at least until 2018."
When the firm asked conference participants what they thought could slow the market, there was no real consensus; they were evenly split between global uncertainty, interest rates rising, overbuilding of apartment units, and sustainability of continued NOI growth. "In other words, there is no sign of conviction that any a single factor could derail the market," she explains.
"This response corresponds to the answers we're hearing from our customers and colleagues when we ask what inning this multifamily market is in. The general consensus is that we're at the top of the seventh with a few good innings ahead of us—but a number of market participants feel the strong multifamily market could go for extra innings."
To read more on the subject, check out the articles below, and please leave your comments on where you think the market is headed.
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