JACKSONVILLE – While the performance of Jacksonville’s apartment market will moderate through 2009, the extended outlook remains fairly bright, according to the 2009 National Apartment Report by Marcus & Millichap.
“The local apartment market will continue to present opportunities for investors,” says David Bradley, sales manager of Marcus & Millichap’s Jacksonville office.
Following are some of the most significant aspects of the latest Jacksonville Apartment Research Report:
• Employers are expected to decrease payrolls 1.1% in 2009, shedding 6,500 positions.
