MULTIFAMILY FINISH FIRST HALF STRONG

MULTIFAMILY FINISH FIRST HALF STRONG

The first half ended well for the multi-family market. Rents hit an all-time high of $1,405 raising $12 in June. Year-over-year rents are up 2.9%. This a positive sign that the robust supply is not an impediment to rent growth in most markets, showing that demand is holding up in a strong performance.

The resilient U.S multifamily market demonstrates its strength and consistency in the first half of 2018.

If you are interested in refinancing any current mortgages or if you are looking for purchase money loans, feel free to contact  me.

(310) 993-9507 | kelly@kellysorensen.com

Close Menu