3 Apartment Industry Trends for 2017
Digested from Inc.
What’s on tap for the apartment housing industry this year? Here are three trends that Inc. writer Drew Hendricks thinks will affect the apartment sector.
1. Concierge apartment listing services could become more popular. Apartment listing sites that do a better job of vetting the data on apartment communities and available units have a good opportunity to gain market share.
2. Millennials could rent longer than previous generations. Their faith in the housing market was affecting by the Great Recession.
3. Baby boomers are increasingly entering the rental market. Some are cashing in on their home equity for retirement while others simply want to downsize.