Homeownership has begun to decline and is projected to continue to do so. The combination of more stringent mortgage underwriting standards and the wealth destruction of the recent cycle is increasing barriers to homeownership and pushing households into apartments. With approximately 114 million households in the U.S., every 1% decline is equal to 1.14 million units of additional rental demand. Source: Integra Realty Resource – IRR-Viewpoint Report
ApartmentVestors is answering this demand for apartments. To learn more about investing in multi-family real estate, visit http://apartmentvestors.com/why-multifamily or call Craig Domann at 719-310-6441.