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Houston Apartment Market Declines

“The apartment industry as well as many others are still vulnerable to COVID-constrained demand,” says ApartmentData.com. “There are (in Houston) around 22,000 units in lease-up plus another 17,000 units under construction which will face challenging lease-up times.”

Realty News Report (August 28, 2020) - Read The Full Article

14 multifamily projects proposed, under construction or recently opened in Spring, Klein

“Really, over the last several years, Katy and the outlying areas of The Woodlands and Spring have been leading the city in suburban development in terms of apartments, and I think that has to do with the jobs available and [the] desirable schools that are located there,” ApartmentData.com President Bruce McClenny said in a June 19 interview. “I think development is just driven by where people want to live and raise their families.

Community Impact Houston (June 22, 2020) - Read The Full Article