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Storm Clouds Threaten To Rain On DFW’s Multifamily Parade

Over the past few months, rental rate growth has also begun to cool. The three-month trailing average at the end of August was 11.7%, which is significantly lower than the 19% average growth seen during 2021, but still much higher than the long-term average of 6%, according to ApartmentData.com.

BISNOW Dallas-Fort Worth (October 3, 2022) - Read The Full Article

Luxury homebuilder Toll Brothers to open gated community in Conroe

The area apartment market has also been strong, with 1,465 recently opened new apartments in the Conroe/Montgomery submarket, according to ApartmentData.com. While rent in Conroe is lower than in some places closer to Houston, the Conroe submarket saw average rent grow 22% year over year to $1,183 in December 2021.

Houston Business Journal (September 18, 2022) - Read The Full Article

Brand Properties targets Hamilton Mill near Buford for 700 apartments

Close to Buford, Hamilton Mill is predominately known for subdivisions with single-family homes. The average apartment in the area around Duluth, Suwanee and Buford now rents for about $1,700 per month, according to ApartmentData.com. That’s slightly higher than the average for all of metro area, but it’s less costly than the average asking rent in sought-after Intown Atlanta neighborhoods.

Atlanta Business Chronicle (September 15, 2022) - Read The Full Article

Texas’ housing market shows signs of cooling down after the pandemic drove it to new heights

Developers of multifamily apartment complexes haven’t slowed down in the way that single-family homebuilders have, Assanie said, which could ease the pressure on renters when those complexes open — though it could take at least a year. More than 55,000 apartment units are under construction in Austin, Houston, San Antonio and the Dallas-Fort Worth area, according to tallies by ApartmentData.com.

25 ABC KXXV (September 2, 2022) - Read The Full Article

Texas’ housing market shows signs of cooling down after the pandemic drove it to new heights

Developers of multifamily apartment complexes haven’t slowed down in the way that single-family homebuilders have, Assanie said, which could ease the pressure on renters when those complexes open — though it could take at least a year. More than 55,000 apartment units are under construction in Austin, Houston, San Antonio and the Dallas-Fort Worth area, according to tallies by ApartmentData.com.

Fort Worth Business Press (September 1, 2022) - Read The Full Article

Texas’ housing market shows signs of cooling down after the pandemic drove it to new heights

Developers of multifamily apartment complexes haven’t slowed down in the way that single-family homebuilders have, Assanie said, which could ease the pressure on renters when those complexes open — though it could take at least a year. More than 55,000 apartment units are under construction in Austin, Houston, San Antonio and the Dallas-Fort Worth area, according to tallies by ApartmentData.com.

The Texas Tribune (September 1, 2022) - Read The Full Article