Buying SFH in "Over Saturated" Apartment Area? Pros & Cons

[Todd Kalsey]

Throwing this question out for my fellow BPers to get some feedback.  I'm a "newbie" but wanted to get some insight and perspectives from other areas of the country.

Here in Cincinnati we have a neighborhood in the metro area with explosive apartment/condo growth. It is the prime and hot area for young professionals. Within the past 1-2 years huge apartment complexes have been built and currently more on the agenda. I'm curious on how this might impact rents for SFH in the area? I'm guessing the demand is there but personally it seems that the area might become quite "saturated" with units and dense (traffic) if things keep going this way.

We've always had solid demand for our SFH, as we find people who don't want someone on the other side of the wall.

Any thoughts from other areas where you've seen this?

Thanks!