We’ve had a few projects stall in recent months. Owners either decide to just wait and see or can’t get financing. Our multifamily apartment projects, though, continue to get approved and keep crews working.

I just came across a good blog post from Boyce Thomson about the strong apartment construction market outlook. All the speakers at this year’s Multifamily Executive Conference agreed on the the positive outlook for apartments for the forseeable future. As home ownership becomes less appealing from a long term investment standpoint and as labor mobility becomes more important in our economy, apartment living looks good.

The executives at the conference spoke of 2011 as a good year for rent growth and Net Operating Income. They also noted that the new apartments being built tend to be sustainable and high-tech.

As you look at where you fit in this crazy construction economy, remember to pay attention to trends like this. It’s much easier to swim with the current than against.