2020 Multifamily Outlook

[Jordan Archer]

Hi BP,

As I wait on the sidelines for prices in multifamily to come down, and deals to become more abundant, I'm keeping a close eye on real estate trends and market indicators to stay ahead of the curve.

I wanted to share a report conducted by CBRE regarding the 2020 U.S. Multifamily Market Outlook. Follow the link below to view the article:

https://www.cbre.us/research-a...

From the analysis, multifamily development completions in 2020 is to remain high, due to cycle high of permits, starts and completions in 2019.

Rent control is a looming issue in Washington State and Illinois, which may be implemented to offset the lack of inventory in affordable housing.

Finally, some of the top performing markets predicted for 2020 are: Atlanta, Austin and Colorado Springs. I especially appreciated reading this, since the three markets that I'm focussing my efforts on are: Atlanta, San Antonio and Colorado Springs.

I hope you found this article educating, and if you have any feedback on the information I would love to hear your thoughts.

Thanks and have a great day.

Warm regards,