Opinion: Keep Your Eye on Apartment REITs

All that said, the long-term outlook for apartment REITs still looks good. Although demand is hampered somewhat by the housing and job market, roughly 4 million people will turn 18 every year for the next 10 years. Combine demand with limited supply, and the apartment market will rebound relatively quickly, although job growth is the key ingredient.

Steve Steadele, author of the book Multifamily Millionaire, is a successful real estate investor, broker, entrepreneur and self-made millionaire. He is a featured speaker at Real Estate Investment Associations across the country, where he shares his wealth of knowledge, experience and enthusiasm for the real estate industry. Today Steve specializes in the acquisition and disposition of investment real estate throughout the United States. To learn more about his products and services, visit his Web site at www.SteveSteadele.com.