Construction of multi-family housing, apartments and condominiums in Florida and Georgia will definitely be on the rise for 2014! In fact, investors in the commercial sector looking to build capital can look forward to a positive and lucrative forecast.
The Consumer Financial Protection Bureau issued a debt to income ratio of 43% for 2014, which will leave many potential homebuyers completely out of the housing market, increasing the demand for new multi-family and apartment housing.
The Urban Land Institute recently issued a report that shows a boost in real estate and new construction 2014. They estimate an overall boost of $50 billion dollars in real estate transactions in 2014.
Even the U.S. Census Bureau favors the growth of multi-family sector. They predict the population between 20 and 34 years of age (the group most likely to rent) in the United States will be 68 million by the year 2020.
About a quarter of families in the United States live in multi-family housing or apartments and that number is on the rise. By entrusting the needs of your building to the professionals at SWET Construction Group, whether it’s for multi-family housing, apartments, condominiums or commercial buildings, you will receive the highest quality of interior and exterior construction. Our experienced team of experts will deliver cost-effective and efficient construction where you want it, how you want it and where you want it.
SWET Construction Group is an industry leader in the construction and renovation of multi-family housing, apartments, condominiums and commercial building throughout the Southeastern United States, offering cost-effective plans, fast and attractive flooring, interior design services, drywall, metal framing, paint and waterproofing.
SWET Construction Group handles all aspects of renovation and repair services, including disaster repair, from the demolition to the finished project.