The year just past was another good one for the multifamily housing market, according to all reports. But what lies ahead?
According to most market analysts, three perils will exert influence over what occurs in 2019:
- Interest Rates and Available Lending
- Development Concerns
With continued volatility both on the political scene and in financial areas, even the experts tend to disagree somewhat on the forecast. Recent speculation about additional interest rate hikes may—or may not—have been put to rest. It seems too early to tell yet whether there is a continued balanced suppy of new apartment units or construction already underway will lead to an oversupply in specific markets. And, finally, the "known unknowns" in the…