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Austin’s southern neighbor cities seeing their own boom from hot housing, rental market

According to ApartmentData.com’s November Market Line Report, the San Marcos/Kyle/Buda area has been the hottest of Greater Austin’s 11 submarkets over the last three months. And as Austin workers continue to get priced out of the city center and San Marcos’ Hays County continues to grow, the region’s rental submarket has seen 29.1% annualized growth in that time period.

Austonia (November 3, 2021) - Read The Full Article

Rising apartment rent continues to be trend in Houston region

The nation’s unemployment rate reached 4.8% in September, down from 7.8% in September 2020, according to the U.S. Bureau of Labor Statistics. This drop has fueled a demand for apartments, which is part of what has driven the rental rate increase in 2021, ApartmentData.com President Bruce McClenny said.

Houston Community Impact (October 19, 2021) - Read The Full Article

NY real estate firm expands Austin portfolio

Metro-wide apartment occupancy was at 92.7% in September, according to an ApartmentData.com report — roughly in line with historical trends, but more than 4 percentage points higher than the decade-low mark of 88.1% in 2020.

Austin Business Journal (October 19, 2021) - Read The Full Article

Deal Dash: New 12South development; Bell names owners; $1.2B transactions

Nashville’s apartment occupancy rate is 93.9%, according to a recent report from Market Line and ApartmentData.com. The hottest submarket over the last three months has been Germantown/Metrocenter, which has an annualized growth rate of 51%, the report says. Downtown/Gulch/SoBro is next on the list with a 50.3% annualized growth rate.

Nashville Business Journal (October 4, 2021) - Read The Full Article