Alex Pettee | Source | CEO, Portfolio Manager at Hoya Capital Real Estate

The simple reality is that the U.S. has not been building enough homes over the last 10 years to keep up with population growth.

REIT executives in the coastal markets will continue to outwardly express confidence, but I think behind the scenes they will be looking to reposition their portfolios as quickly as possible.

Alex Pettee, CEO and Portfolio Manager of Hoya Capital Real Estate, is expert and frequent commentator on US housing markets, commercial real estate, REITs, and homebuilders. Through the Hoya Capital Real Estate research platform, Alex has published more than 300 articles on real estate markets.