Archive for the Category ‘Market Data’

MARKET SNAPSHOT: Albuquerque Multifamily Takes Hit Due to Poor Employment, Renewed Single-Family Growth

MARKET SNAPSHOT: Albuquerque Multifamily Takes Hit Due to Poor Employment, Renewed Single-Family Growth

As employment in the Albuquerque MSA tumbled 0.5 percent in 2011, reflecting a loss of 1,900 jobs, demand for apartments fell to a four-year low.

MARKET SNAPSHOT: Employment and Occupancy Expected to Rise in Charlotte Despite BofA Job Cuts

MARKET SNAPSHOT: Employment and Occupancy Expected to Rise in Charlotte Despite BofA Job Cuts

Employment in the Charlotte metropolitan area is expected to increase over 2 percent in 2012, forcing occupancy and rent prices to make similar strides.

MARKET SNAPSHOT: Minneapolis Maintains Status as Growth Leader in Employment and Occupancy

MARKET SNAPSHOT: Minneapolis Maintains Status as Growth Leader in Employment and Occupancy

The Twin Cities is continuing to witness exceptionally low unemployment and vacancy as compared to the rest of the country.

MARKET SNAPSHOT: As Auto Industry Bounces Back, Detroit Sees Sharp Increase in Multifamily Rentals

MARKET SNAPSHOT: As Auto Industry Bounces Back, Detroit Sees Sharp Increase in Multifamily Rentals

Vacancy is set to decline in Detroit Rock City as the United Auto Workers recently struck a deal with the Big Three that will create 14,000 new jobs through 2014.

MARKET SNAPSHOT: Declining Homeownership and New Tech Jobs Send Vacancy Rates to Floor in Denver

MARKET SNAPSHOT: Declining Homeownership and New Tech Jobs Send Vacancy Rates to Floor in Denver

Overall vacancy in the Mile-High City is set to hit 4 percent this year, its lowest level since 2000.

MARKET SNAPSHOT: Multifamily Construction Takes Off in New Orleans, Aided by Boosts in Tourism and Job Growth

MARKET SNAPSHOT: Multifamily Construction Takes Off in New Orleans, Aided by Boosts in Tourism and Job Growth

The Big Easy witnessed solid economic recovery and population growth in 2011, as 10,500 new jobs were added and the overall population grew by 2 percent.

MARKET SNAPSHOT: Fort Carson Expansion to Bring Jobs, Rental Occupancy to Colorado Springs

MARKET SNAPSHOT: Fort Carson Expansion to Bring Jobs, Rental Occupancy to Colorado Springs

Fort Carson, a 137,000-acre U.S. Army Base in Colorado Springs, will see the addition of a 2,700-soldier aviation brigade by 2013, raising the total GI population of the base to around 30,000, according to Hendricks & Partners.

APARTMENT MARKET STATISTICS: March 2012

APARTMENT MARKET STATISTICS: March 2012

The multifamily industry’s vital statistics are presented in the March 2012 issue of Multi-Housing News.

MARKET SNAPSHOT: Las Vegas Recovers Select Jobs, Increasing Multifamily Sales

MARKET SNAPSHOT: Las Vegas Recovers Select Jobs, Increasing Multifamily Sales

Multifamily sales in the Las Vegas metro area increased by 59.6 percent between the third quarters of 2010 and 2011, this in concurrence with the overall unemployment rate dropping from 15.5 percent to 14.2 percent.

According to Market Report, Long Island City, N.Y., is Thriving

According to Market Report, Long Island City, N.Y., is Thriving

Last year was a very good year for Long Island City, N.Y., which leveraged the rising rents in Manhattan and Brooklyn to attract many first-time residents.

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