Rising demand for rental housing, a steep drop in new apartment construction, and a growing pool of long-term renters have set the stage for an exceptionally strong second half of the year in the U.S. multifamily market. At the forefront of this evolving landscape is The Ponce Real Estate Group — your go-to authority in apartment building sales.

“The high cost of homeownership and elevated interest rates are keeping many would-be buyers on the sidelines, which continues to drive strong rental demand,” explains Anna Khomut, multifamily specialist at The Ponce Real Estate Group.

Add to that a record number of young adults still living at home, and the renter base remains deep and dependable. “We’re seeing a healthy, growing renter pool that makes multifamily investments more attractive than ever,” adds Frank Ponce.

Mortgage rates have been stuck in the 6.75%–7.75% range for over two months, frustrating homebuyers and pushing demand into the rental market. At the same time, new apartment construction is falling off a cliff — particularly in the Sunbelt — with a projected 45% drop in deliveries this year alone. This tightening pipeline is setting up existing multifamily owners for strong rent growth and low vacancy.

According to Freddie Mac, the national vacancy rate has already peaked and is expected to continue declining through 2025. Year-over-year rent growth is forecast to more than double by the end of this year — from 1.2% in Q1 to 2.2% in Q4 — and buyers are taking notice.

“Despite market volatility, we’re seeing strong buyer conviction,” says Frank Ponce. “Deals are moving forward decisively, with aggressive terms and nonrefundable deposits. The fundamentals are just too compelling to ignore.”

This perfect storm of rising rents, shrinking inventory, and intense investor demand makes right now a smart time to evaluate your options — and The Ponce Real Estate Group is the expert team you want by your side.

Whether you're considering a sale now or simply exploring your property's market position, we offer a confidential, no-obligation evaluation to help you make an informed decision.

Call today:
Frank Ponce – (310) 503-4158
Anna Khomut – (310) 780-0148

The Ponce Real Estate Group
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