Posted by: phillipsre | August 23, 2012

Multifamily Market is Hot, Hot, Hot!

News from a recent panel at RealShare Orange County, has only positive updates to report for the Multifamily market. Although the focus was on Orange County area, this is a trend that can transfer to other parts of the country, maybe not as rapidly but the facts are true. The need for apartments are growing, land is becoming more available and the risk is low, there are 80 million gen Y kids that want to live in apartments. The bottom line is – it is a good time to invest in Multifamily development. Read on to hear what the experts had to say. And once you have decided to invest, your next step is to contact a your local property management company to make sure that you are complying with all the local laws and regulations and pass off the work to the experts. Contact Phillips for a consultation on what you need to know about your property investment.

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