DALLAS-FORT WORTH MSA | MULTIFAMILY OUTLOOK | APRIL 2018 (Download full PDF report here) OVERVIEW In 2017, Dallas ranked first in both the rate of job growth, 2.8%, and the number of jobs added amongst the twelve largest metropolitan areas in the United States . Dallas’s 2.8% local nonfarm employment is twice the national rate… Read more »
Category: Market Reports
Tampa Economy Continues to Grow at a Brisk Pace
Tampa | MULTIFAMILY OUTLOOK | December 2017 (download full PDF report here) OVERVIEW The Tampa economy continued to grow at a brisk pace in September 2017 . A growing local economy is in line with growing rental rates, which are expected to rise along with new housing demand. Vacancies are expected to decrease as newly… Read more »
Jacksonville Continues to Grow – With a Job Growth Rate of 3.9%
JACKSONVILLE | MULTIFAMILY OUTLOOK | AUGUST 2017 (Download full PDF here) OVERVIEW Jacksonville continues to grow – with a job growth rate of 3.9% bolstered by “nearshoring,” Amazon and BMW, are creating 4,000 jobs and are opening new facilities in Jacksonville in 2017. A growing local economy is in line with growing rental rates, which… Read more »
Jacksonville Multifamily Market Looking Strong
Jacksonville is enjoying very promising growth prospects for the rest of 2017 according to the latest multifamily market research. Benefitting from ongoing employment growth, a relatively low cost of living and stable weather, the area is continually drawing in new permanent residents and promoting demand for apartments and real estate. The top three areas of… Read more »
Orlando, Florida Multifamily Outlook | Rising Demand | Increasing Rents | Strong Job Growth and Expansion
ORLANDO | MULTIFAMILY OUTLOOK OVERVIEW Orlando is a strong growth oriented metropolitan in the central region of Florida. It has consistently posted strong job gains, almost all sectors of its economy is expanding, and demand for housing has been strong. As the population booms due to job growth, demand for housing is expected to increase.… Read more »
Tampa, Florida Multifamily Outlook | 8% Rent Growth | Declining Vacancy
TAMPA BAY | MULTIFAMILY OUTLOOK OVERVIEW The Tampa Bay Metropolitan area has solid market fundamentals with a thriving and stable economy. The area has been experiencing significant population growth. In addition, local employers are adding tens of thousands of jobs yearly, leading to a decline in the unemployment rate. The employment growth is leading to… Read more »
San Antonio, Texas Multifamily Outlook | Rising Demand | Increasing Rents | Declining Vacancy
SAN ANTONIO | MULTIFAMILY OUTLOOK OVERVIEW San Antonio entered 2016 as one of the United States’ most stable economies. The city’s diverse economy and growing employment base is continuing to attract young professionals that prefer renting to buying. Tenant demand has been rising for Class B and Class C multifamily rental properties in San Antonio… Read more »
Jacksonville, Florida Multifamily Outlook | Rising Rents | Declining Vacancy | Strong Job Growth Drives Housing Demand
JACKSONVILLE | MULTIFAMILY OUTLOOK OVERVIEW A growing local economy will make the Jacksonville apartment market tighten with rents expected to rise and new housing demand being generated. Vacancies are expected to decrease as newly constructed units are slow to enter the local market. 70s and 80s vintage product will remain popular for renters due to… Read more »
Dallas/Fort Worth Multifamily Outlook | Strong Economic and Demographic Growth Drives Rents
DALLAS – FORT WORTH | MULTIFAMILY OUTLOOK OVERVIEW The Dallas – Fort Worth (DFW) metroplex is a fast growing region both economically and demographically. As companies move and expand into the region, jobs and population growth is expected to continue, creating a favorable market for value add multifamily investing. ECONOMIC INDICATORS MACRO ECONOMY The… Read more »