Noted multifamily researcher Peter Muoiu has produced this graphics-rich report on the top markets to acquire--and dispose--of assets.
The rankings are based on a combination of projected NOI growth, vacancy improvements, rent growth, and of course, valuations, all wrapped up in a long-term forecast.
The top "buy" markets include Orlando, Phoenix, and Atlanta as the top three most desirable, while rent-growth behemoths New York City and San Francisco may have hit their peak, being the Nos. 1 and 3 top "sell" markets.
The report also takes a 50,000-foot view of the market on a national scale.
... this year looks to be the peak completion year for the foreseeable future, with 260,000 new units added ... with completions outpacing demand, the recent drumbeat of modest vacancy increases will continue ...
Check it out: