Real Data
Apartment Market Update
May 15, 2013

Apartment Market Updates
Southeast Apartments Strong Through First Quarter

Strong demand throughout the Southeast has allowed occupancy rates  to recover and stabilize from the recent recession in spite of the uptick in development. Both Raleigh and  Orlando currently have occupancy rates above 94% and all markets are above 89%.

Real Data

Columbia posts strong rent growth...
The Columbia apartment market continues to post strong rent growth with annualized gains at 4.8% for the year.  Strong demand for apartments is driving this trend...Read More.
Real Data 
Gainesville's vacancy rate at a five year low...
Strong demand coupled with a slow development pipeline has led to a vacancy rate at 7.0%. Rent growth has been strong as well over the past two years... Read More.

Greensboro Winston Salem 
Real Data

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%, historically low for this market...Read More.
Regional News Updates
Wells Fargo
Housing Chartbook March 2013...
After what appears to have been a solid first quarter, worries have once again surfaced about the broader economy’s underlying momentum going into the spring. Almost as if on cue, the pace of economic activity cooled off considerably just as the first quarter was drawing to a close... Read More

Wall Street Journal



Can we afford another housing boom...
Fannie Mae put an exclamation point on the housing rally with last week's announcement of its largest-ever annual profit. The news comes soon after Freddie Mac announced its own record high. These results may seem like cause for celebration after years of losses at the two taxpayer-backed mortgage giants but they also underscore the urgent need for reform....Read More
Nashville Business Journal
New apartments slated for Federal Reserve Building...
The buyer of the Federal Reserve building plans to convert the vacant office property into a 61-unit apartment complex... Read More
Times Free Press
Planners OK Chattanooga apartment complex...
City planners gave developers the go-ahead on a proposed apartment complex on Shallowford Road...Read More
Piedmont Triad Apartment Association
Triad apartment vacancy rate dips...
The latest report from Real Data shows a slight uptick in apartment occupancy rates in the Piedmont Triad and Real Data expects more improvements in the year to come...Read More
Jacksonville Business Journal
More apartments coming to Baymeadows...
Perimeter Realty Inc. plans to build Spyglass Rental Community, a 220-unit apartment complex, in the northeast quadrant of East Baymeadows Road and Sweetwater Parkway...Read More
Tampa Bay Times
Safety Harbor apartment plan struck down...
The Pinellas County Commission dealt a surprising death blow Tuesday to a high-end apartment complex poised for construction in Safety Harbor...Read More
Triangle Business Journal
More apartments slated for Raleigh’s Brier Creek...
Developers have filed a site plan with the Raleigh planning department showing plans to build at least 232 apartment units on a 14.5-acre undeveloped site along U.S. 70....Read More

Upcoming Real Data Market Reports

Tampa-June 5th
Norfolk/Virginia Beach-May 30th
Columbia-May 15th
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