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Expect more demand for multifamily rentals, less for single-family

In his housing predictions for 2014, Trulia’s chief economist forecasts declining supply and demand for single-family rentals and the opposite for multifamily rentals in urban areas.

“Ironically, economic recovery means that the overall homeownership rate will probably decline, as some young adults form their own households as renters,” writes Jed Kolko on the Trulia blog. “Still, the shift in rental activity from suburban single-family to urban apartments would be yet another sign of housing recovery.”

Posted on January 3, 2014 by Michael Nemeth

Since 1946 the Carnahan name has had a reputation for honest and ethical Real Estate Property Management services in the San Fernando Valley, Santa Clarita Valley, Burbank/Glendale, Los Angeles, Westside and Conejo Valley areas.

The reason for our success is helping owners like you when they need it. Below is a partial list of property management services we provide to help you protect your real estate investment.

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  • Carnahan Property Management services Woodland Hills,West Hills, Calabasas, Canoga Park, Tarzana, Reseda, Topanga, Encino, Northridge, Van Nuys,North Hills,Chatsworth, Sherman Oaks, Studio City, North Hollywood, West Hollywood, San Fernando Valley, Granada Hills, Mission Hills, Simi Valley, West Lake Village, Agoura,Toluca Lake, Valley Village, Burbank. Call us at (818) 884-1500 and check if we can service your area.

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