The shortage in multifamily housing in the Southeastern United States has fueled an increase rents and vacancies have plunged. To keep up with the huge demand and shortages, over the next 13 years the multifamily housing developers will need build over 4 million units, according to the National Apartment Association and the National Multifamily Housing Council.
“The U.S. has undergone tremendously difficult conditions that have fundamentally altered our nation’s demographics, but one thing remains certain—there is a need and demand for more rental housing,” said NAA President and CEO Bob Pinnegar. “Put simply, we do not have enough housing. The U.S. must build 3.7 million new apartments just to meet future demand, on top of a 600,000 unit deficit and loss of 4.7 million affordable apartment homes. It is time to reverse course after decades of underbuilding, and instead pursue responsible and sustainable policies that will not only meet this demand but address the missing middle and loss of affordable housing stock.”
The multi-family construction industry is highly competitive. Today’s multi-family housing needs to be healthy, smart and all-inclusive, to keep up with the competition.
Partnering with the right construction group will not only keep your construction costs low while achieving a beautiful architectural design, they will ensure your project is a great success by displaying quality traits such as preparedness, flexibility and awareness.
SWET Construction Group is a full service company who understands the big picture and well as the small details. We have the experience and knowledge to handle large multi-family construction to a more modest dimensions. We take pride in our professionalism and innovative approach, we are known for our quick turn around on projects and being cost efficient.
SWET Construction Group is an industry leader in the construction and renovation of multi-family housing throughout the Southeastern United States. We offerer cost-effective plans, fast and attractive flooring, interior design services, drywall, metal framing, paint and waterproofing.
Contact SWET Construction Group for your next project.