Eye to Eye with Apartment Supply

While recent migration and employment data highlights the continued growth of the Sunbelt, the massive amount of newly-built apartments in Sunbelt markets far outweigh the effects of demand drivers like population or job growth. Given this dynamic, investors may find higher-performing assets in multifamily markets in the Midwest and Northeast that have not seen as much apartment construction. Sources discussed in this episode: John Burns Research and Consulting: “How to Ride the Apartment Supply Wave” - https://jbrec.com/insights/how-to-ride-the-apartment-supply-wave/ Apartment List: “Renter Migration Report: 2024” - https://www.apartmentlist.com/research/apartment-list-renter-migration-report-2024 RealPage: “Our Economists’ Picks for Favorite Apartment Markets in 2024” - https://www.realpage.com/analytics/markets-outperform-2024/ Fannie Mae: “2024 Multifamily Market Outlook: Instability Expected as Skies Remain Cloudy” - https://www.fanniemae.com/media/50101/display For the latest multifamily news from across the internet, visit the Gray Report website: ⁠https://www.grayreport.com/⁠ Sign up for our free multifamily newsletter here: ⁠https://www.graycapitalllc.com/newsletter⁠ DISCLAIMERS: This podcast does not constitute professional financial advice and is for educational/entertainment purposes only. This podcast is not an offer to invest.