UNLOCK THE POWER OF THE VAULT

Six Apartment Markets That Have Recovered the Most Since the Housing Crash

September 16, 2016

Six Apartment Markets That Have Recovered the Most Since the Housing Crash

Sep 13, 2016 | Bendix Anderson | National Real Estate Investor

The apartment markets that were hurt the most by the housing crash are now experiencing steady growth.

“All of these markets now are posting very healthy job growth that is helping to stimulate solid demand for apartments,” says Greg Willett, chief economist for RealPage Inc., a provider of property management software solutions.

As moving trucks continue to head South, populations in towns across the Sun Belt are growing—and apartment rents are rising.

“If demographics are on a market’s side—rapid population growth, with jobs being created—then it’s no surprise that these markets are reclaiming top spots in various rankings,” says Victor Calanog, chief economist and senior vice president for New York City-based research firm Reis Inc. We look at the apartment markets that have recovered the most from the impact of the housing crash.

Article Located Here

Print Friendly, PDF & Email
Go Back
Matthew C. Strife
Blue Vault Services
April 11, 2016

Blue Vault's services are without question great resources for the review of the nontraded products offered.