AptExpert.com  - Free Houston Apartment Locator and Finder Service
RSS Follow Become a Fan

Recent Posts

Actually Cool Things To Do When Someone Visits Houston
We Love Houston And It's Touted as the City Of the Future!
2018 Best Greater Houston School Districts
Credit Score Hurdle Harder to Clear For Apartment Renters
The Best Elementary Schools In Greater Houston From Houston Business Journal

Most Popular Posts

Houston has a housing shortage, not a housing bubble!
Industry leaders predict apartments to continue to thrive for next several years
In Trivial Pursuit . . . of Houston, Texas - Apartment Living, Facts About Houston!
Apartment Hunting in Houston, Clear Lake, Woodlands - Any Area!?
Tips To Finding Your Next Apartment

Categories

apartment finder houston
Apartment News US
apartment rent prices
apartment search in League City
apartment search tips
apartments for rent in Baytown
apartments for rent in houston
apartments in houston
AptExpert - Kathy Curtis
AptExpert.com
cost of homes in Houston, Texas
find an apartment in houston texas
good school districts
Houston Apartment Living
Houston Attractions
Houston Heights Apartments
luxury apartments for rent in houston
Midtown Apartments
multi-family in houston
rent apartment in galleria
Rent apartment in Midtown
rent apartment in Pearland

Archives

July 2018
June 2018
March 2018
January 2018
December 2017
November 2017
July 2017
June 2017
May 2017
April 2017
February 2017
December 2016
September 2016
June 2016
April 2016
February 2016
January 2016
October 2015
June 2015
December 2014
June 2014
April 2014
February 2014
January 2014
October 2013
September 2012

powered by

AptExpert.com Blog

Rent Reports for March 2014 - US and Texas

In a recent report - 
Class A properties are currently on a five-month upswing, with rents increasing by 50 bps, year over year. Meanwhile, Class B properties generated the strongest annual effective rent growth. Class C, which had slowed slightly from the middle of 2013 through February 2014, saw its first uptick (about 20 basis points) since July 2013.
 
Based on a comparison of rent levels for deliveries of units on brand new rental communities coming into the market - they are less affordable than they were in the previous cycle. With more expensive units being delivered, affordability has become an issue in certains markets throughout the US.
 
For example, in Atlanta, only 9 percent of renters can afford apartments built in the past two years, compared with 22 percent of renters for units built in the previous cycle. Still, the report shows, the new supply is absorbing very well with an average of 22 units per property per month from March 2013 to March 2014.
 
Austin is more affordable than Atlanta, but still, only 22 percent of renters can afford units built in the past two years, compared with 35 percent in the previous cycle. 

With rental prices rising this quickly, and properties becoming so full, you truly need to enlist the services and expertise of an apartment finder in the area you want to live in!  
Please contact your local apartment expert today, my name is Kathy Curtis, and I have been helping find the best in apartment home living in Clear Lake areas and the entire Houston, Texas area since 1992.  Visit AptExpert.com today and let me help you - free!! 
Your Free AptExpert - call today or visit my website Kathy Curtis/Texas Apartment Locators

0 Comments to Rent Reports for March 2014 - US and Texas:

Comments RSS

Add a Comment

Your Name:
Email Address: (Required)
Website:
Comment:
Make your text bigger, bold, italic and more with HTML tags. We'll show you how.
Post Comment