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Multifamily Inventory Outpaces Demand Amid Rising Rents and Employment Growth in NC

Multifamily Inventory Outpaces Demand Amid Rising Rents and Employment Growth in NC

Apartment inventory in the Raleigh-Durham area expanded by 1,020 units during Q1 2014, a slight decrease from 1,340 deliveries in the last quarter of 2013.…

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Oahu’s Improving Office Market Sees Strong Investor and Leasing Activity

Oahu’s Improving Office Market Sees Strong Investor and Leasing Activity

In the context of an improving economy led by tourism, Oahu’s office market remained stable during the second quarter of 2014, with a positive quarter-over-quarter net absorption of 14,094 sq. ft. …

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APARTMENT MARKET STATISTICS: August 2014

APARTMENT MARKET STATISTICS: August 2014

The three-month moving average of multifamily housing starts now exceeds the average recorded between 2000 and 2007, according to the National Association of Home Builders.…

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Las Vegas’ Residential Market Continues Improvement as Hospitality Sector Inspires Southwest Region Comeback

Las Vegas’ Residential Market Continues Improvement as Hospitality Sector Inspires Southwest Region Comeback

With employment steadily improving in a job market that had been in dire need of improvement in recent years, and occupancy rates and rents experiencing sustainable growth, Las Vegas is poised for a better year in terms of its apartment market by the end of 2014.…

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Albuquerque Market Snapshot

Albuquerque Market Snapshot

The Albuquerque Metropolitan Statistical Area is still lagging in its continuous process of pulling out of the deepest and longest recession since the 1930s.…

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Climbing Employment in Atlanta Drives Rental Demand and Multifamily Construction

Climbing Employment in Atlanta Drives Rental Demand and Multifamily Construction

The upswing in Atlanta economy continues as employers create more and more jobs, indirectly fueling the residential market. …

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APARTMENT MARKET STATISTICS: July 2014

APARTMENT MARKET STATISTICS: July 2014

Total investment returns fell from 2.48 to 2.28 percent in first quarter for multifamily properties, according to data from the National Council of Real Estate Investment Fiduciaries (NCREIF).…

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Cleveland Apartment Construction Reaches Five-Year High

Cleveland Apartment Construction Reaches Five-Year High

More and more people are moving to the Cleveland metro area, attracted by the steady economic growth and the new development in the city’s downtown, where developers are building everything from hotels, to retail, to housing.…

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Phoenix’s Rental Demand on the Rise

Phoenix’s Rental Demand on the Rise

With an employment growth rate that will outpace the national one, Phoenix is on the path of having its fifth consecutive year of real estate growth and economic improvement, according to research data from Marcus & Millichap.…

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Philadelphia Apartment Market Slightly on the Rise Despite Sluggish Economy

Philadelphia Apartment Market Slightly on the Rise Despite Sluggish Economy

With the large number of fresh graduates from local colleges and universities expected to boost employment by fall, Philadelphia will continue last year’s positive development in both payrolls and apartment operations.…

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APARTMENT MARKET STATISTICS: June 2014

APARTMENT MARKET STATISTICS: June 2014

Multifamily housing starts fell for the third consecutive month in February 2014, according to the National Association of Home Builders (NAHB).…

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Despite Lagging Economy, Memphis Apartment Rental Rates Continue to Grow

Despite Lagging Economy, Memphis Apartment Rental Rates Continue to Grow

Although struggling with a higher than the national average unemployment rate of 8.1 percent, apartment fundamentals in Metro Memphis have improved throughout 2013 and the Q1 of 2014, according to a report by Hendricks-Berkadia. …

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