If apartment investing is part of your real estate investing plan, don’t miss the following video from REIS concerning the current state of Apartment investing in America. Specifically, Victor Calanog reports on the apartment market performance for Q1 2013. Here are the highlights:
- Apartment vacancy hit 4.3% at the end of the first quarter.
- Asking and effective rents grew by 0.5%
- Multi-family development is continuing to surge, bringing 150,000 units online in 2013.
For more information, see the video below:
Photo: Hiten Patel