Nashville’s Strong Fundamentals Spur New Construction [Video]
With occupancy rates in good shape across the board, and with rent growth at unusually high levels, new apartment construction in Nashville is ramping up quickly.
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The Baltimore Story: High Occupancy and Moderate Rent Growth
Baltimore ranks among the nation’s most stable apartment market performers. Occupancy generally remains very solid, and rent growth typically comes in at good but not spectacular levels.
Job Gains in Detroit Power Apartment Revenue Growth [Video]
Detroit has found itself in an unfamiliar place – ranking in the nation’s top quartile for rent growth. That’s come as a result of improved occupancy rates, which stem from surprisingly strong job growth.
Rebound in Tourism Boosts Orlando Apartments [Video]
Orlando has seen a big jump in tourism, and that’s contributed to improved apartment market fundamentals – especially at the bottom end of the market.
Apartment Investors Like Raleigh’s Strong Performance
The Raleigh apartment market is performing very well right now and is offering quite attractive economic prospects and renter demographics, but investors should be aware that the growth pace probably is nearing its peak for the cycle.
For the First Time in Five Years, L.A. Posts SoCal’s Best Occupancy Rate [Video]
Los Angeles had the best 1st quarter performance among the Southern California markets, and that brought occupancy to the fully recovered point. But rents still have some climbing to do to get back to pre-recession highs.
Ohio’s Apartment Numbers are Looking Better than Usual [Video]
For the first time in two decades, all of Ohio’s big six apartment markets have occupancy rates at or above the U.S. average.
Vegas Apartments Continue to Struggle
It’s been a couple quarters or so since we’ve shined the spotlight on the Las Vegas apartment market. Unfortunately, there’s still not much that’s good to say.
Austin Apartment Market is Still Hot, but Rent Growth Levels Ease a Bit [Video]
Austin still ranks among the nation’s leaders with year-over-year rent growth of 6.5%, but apartment fundamentals have eased back a bit in the past couple quarters.
In Boston, Apartment Conditions Reach a Decade-Best [Video]
Vacancies are few in Beantown, and rent growth is plentiful. After not recording year-over-year rent growth above 3% at any point from 2002 to 2010, Boston is now showing a hike of 8.1% — third-highest in the country.