Q1 2022 Best Markets to Invest In

Q1 2022 Best Markets to Invest In:

Ranking the MSAs across the United States by Demand, Supply, Economic Health and Multifamily KPIs.

Weighting the below drivers lets us rank these MSAs.

Demand Drivers:

• Current Population Growth
• 5 year historic Population Growth
• Current Income Growth
• 5 year historic Income Growth
• 5 year historic Home Value Growth
• Current Job Growth
• 5 year historic Job Growth

Economic Health:

• Median Household Income (HHI)
• Cost of Living (CoL)
• Unemployment Rate
• Poverty Level
• Economic Diversity
• Income to Cost of Living Ratio
• Violent Crimes

Supply & Demand:

• Renter Occupied
• Inventory
• Vacancy
• Trailing 12 Delivered Units
• Trailing 12 Absorption Units
• % units Under Construction
• Absorbed/Delivered Ratio

Multifamily KPIs

• Current Sales Price per Unit
• 5 year historic Sales Price per Unit
• Current Market Cap Rate
• 5 year historic Market Cap Rate
• 5 year historic Average Vacancy Rate Change
• Current Annual Rent Growth
• 5 year historic Annual Rent Growth
• 5 year historic Vacancy Rate
• Current 12 Mo Sales Vol Growth