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Apartment Market Updates |
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Demand Strong Through First Quarter
Demand in the Southeast apartment market continued at a strong pace through the first quarter with Asheville, Myrtle Beach and Savannah posting the highest gains. As a result, construction has revved up in most markets to meet demand.
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Greensboro-Winston Salem
Real Data
4-20-2013
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Strong demand pushes Triad vacancy rate down...
Demand continues to be strong in the Greensboro-Winston Salem market with nearly 3,000 units absorbed in the past two years leading to a vacancy of 8.3%, which is historically low for this market...Read More.
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Orlando
Real Data
4-1-2013
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Orlando apartment starts at a nine year high...
Orlando is in the midst of a construction boom. New construction starts are at a nine year high with the downtown and Windermere areas leading the way. The region continues to post healthy demand allowing the vacancy rate to improve to 5.6% as of March... Read More.
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Charleston
Real Data
3-30-2013
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Vacancy rates rise in the Charleston area...
The Charleston market experienced a lull this winter with demand suffering a seasonal downturn leading the vacancy rate to increase to 8.3%. Development is at an all-time high, which will likely keep vacancy rates from recovering well into 2014...Read More.
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Regional News Updates |
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4-3-2013
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Apartment vacancy rate falls to lowest level since 2001...
The U.S. apartment vacancy rate fell to its lowest level in more than a decade, but persistent stagnant income growth for U.S. workers has tempered the ability of landlords to raise rents... Read More
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Jacksonville
The Florida Times Union
3-24-2013
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Jacksonville apartments are a hot investments...
Some of Jacksonville’s apartment complexes have changed hands in the past two months for big dollars: $23 million, $35.5 million, $56 million. Multi-family projects are one the hottest investments going right now, with large firms, pension funds and others buying complexes...Read More
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3-21-2013
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Nashville rents expected to rise...
The region’s apartment rents will continue escalating even as supply soon outstrips demand because of a construction boom, says Real Data... Read More
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Charleston
Post and Courier
3-19-2013
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Charleston apartments to be demolished...
The towering Sergeant Jasper apartment building next to Colonial Lake downtown could be demolished as soon as 2015...Read More
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Greensboro
Greater Triad Area Business Journal
4-10-2013
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New Student Community for Greensboro...
Student housing developer Campus Crest has purchased the historic J.C. Price School property and an adjacent parcel from Greensboro College for $3.75 million...Read More
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Charlotte Business Journal
3-28-2013
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Crescent Resources plans more apartments in Charlotte...
Crescent Resources is planning an apartment project with approximately 300 units in midtown Charlotte...Read More
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Orlando Business Journal
4-04-2013
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Sunrail spurs more apartments in Orlando...
A new $38 million transit-oriented apartment complex now is coming out of the ground near the Florida Hospital SunRail station...Read More
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Tallahassee
Tallahassee Democrat
4-10-2013
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Tallahassee apartments start construction...
Members of the Tallahassee community gathered on April 8 for the groundbreaking of a new apartment complex for Tallahassee students called The Forum...Read More
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Upcoming Real Data Market Reports
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Greensboro/Winston Salem-April 20th
Gainesville-April 25th
Columbia-May 15th
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