Trends Impacting Multifamily In A New Year

The four biggest transitions Patrick Carroll sees for the multifamily industry in 2021 are all based on the market’s ability to meet the times.

 

If 2020 has taught us anything, it’s that predictions — no matter who they come from — can’t tell you the future. At best, they can give you an idea of what may happen, if everything goes well. For the housing market, especially, people rely on predictions and market forecasts, and yet, the industry also experiences some of the biggest shake-ups. Unforeseen events, from economic factors to natural disasters, can impact the industry and as we all experienced for the first time in our lives — pandemics can also bring widespread disruption.

As we look back at 2020 and forward into 2021, the four biggest transitions Patrick Carroll sees for the multifamily industry are all based on the market’s ability to meet the times.

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