Could Multi-Family Units Be the Next Buy

There was a recent article published by Corelogic within their new MarketPulse Newsletter., and republished by DS News Titled: Housing May Turn the Corner in 2012. Within both of these articles, the discussion is about the housing market and how the Spring buying season of real estate will signal either a positive or negative turn in the marketplace.  All predictions are that this Spring will be a hot buying season, and that the housing market will be trending upward thereafter.  What do you think?

After reading these articles, my mind was wandering...could this be the time to consider multi-family units?  The housing market is still depressed, and though single family residences may still be the right buy at the moment, I feel that as investors we should start considering multi-family units.  Let's think about this, as people begin to see the SFR marketplace heat up, they will want to sell their condos, or leave apartments and go into single family homes.  Therefore, the demand for housing will increase, and the demand for multi-family units will decrease, thereby lowing prices!  I will be looking into hot multi-family units, with the intent to purchase within the year, how about you?  Any thoughts?

Scott