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tdp2664 InvestorPlace If real estate investing is anathema to you, that’s understandable. Enormous problems in residential housing — including declining values, weak sales, high inventories and legal problems with foreclosures — have turned many people off to buying a home. But perhaps the best-kept investment secret of the past 18 months is that multifamily dwellings, and the exchange-traded funds (ETFs) and individual real estate investment trusts (REITs) that invest in them, are quietly making a terrific comeback after several years of lackluster performance. Demand for rentals is growing so strongly that Realtor.com , the largest real estate website, now includes apartment listings on its site for the very first time. According to the Census Bureau, demand for rentals remained high in the second quarter of 2011, while homeownership rates declined slightly 65%. The national apartment vacancy rate dropped to 9.2%, a one-year decline of 1.4%. Demand for rentals will likely continue to rise, due to several key factors: 1)
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