Multifamily’s Future in 2012

Amid limited supply and demand edging up, market conditions for the multifamily sector should be favorable in 2012 but Europe is a wildcard for the economy.  Demographics support demand says Ron Witten, president of Witten Advisors; “The data suggests that somewhere over 60 percent of the jobs created in 2010 and 2011 have been 20- to 34-year-olds going to work. That’s very good news for the apartment sector.” See more at: http://bit.ly/Aq73Sf