Monday, July 29, 2013

Fort Worth Finds Itself Among the Nation’s Rent Growth Leaders via Property Management Insider

Fort Worth rarely ranks among the nation’s elite apartment markets, but it is coming on strong of late thanks to two big factors: The strong economy is boosting middle- and lower-tier submarkets, while top-end headwinds are less significant here than elsewhere in Texas.

Typically you’ll find Forth Worth on lists such as Best Places to Raise a Family, Fastest Growing Metros, or Most Boots Per Capita. Rarely will the metro make a top ten list for apartment metrics but in Q2 2013 it did just that.

Rent Growth: Rents in Cow Town grew a terrific 3.6% year over year, landing it in the number ten spot of the top ten apartment market rent growth leaders for second quarter 2013. That quarterly performance was also good enough for Fort Worth to outperform the Dallas apartment market for the first time in three years.

Read more...Fort Worth Finds Itself Among the Nation’s Rent Growth Leaders | Property Management Insider

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