Washington, D.C. led the nation in apartment construction during 2012’s 3rd quarter – with most of the new development being the luxury, urban core variety. As a result, rent growth levels are easing.
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Analysts, investors, and operators have all soured on the Washington, DC apartment market. Is the new-found pessimism justified?
In 2010, D.C. was the hottest market in the nation, and expectations for 2011 were sky high. The results so far in 2011 – good, but not spectacular. Is it time to worry?
In part three of his examination of apartment markets with weak demand performance during Q3 2011, Greg Willett looks at Washington, D.C.
Greg Willett and Jay Parsons look at markets that had high expectations going into 2011, but so far have not lived up to the hype.
It’s not yet cause for major concern, but D.C.’s apartment sector has seen revenues flatten over the past two quarters.
While neighboring DC gets all the attention, Baltimore slides under the radar as one of the nation’s better-performing apartment markets.
MPF Research reveals its top 10 picks for revenue growth in 2011 among the nation’s major markets.
All across the D.C. area, occupancy rates are in strong shape and rents are climbing notably.
The recovery of the nation’s apartment market continued at full steam in the 3rd quarter of 2010, according to preliminary data from MPF Research.