Dallas County is gaining population again following COVID declines via Dallas News

Dallas County is regaining some of the population it lost during the pandemic.

When the COVID-19 lockdowns started, residents of urban areas across the country sought refuge in less densely populated cities and suburbs, especially those who could work remotely.

Dallas County’s population dropped by about 25,000 residents in 2021 while surrounding suburban counties had some of the largest gains in the country.

Read more...Dallas County is gaining population again following COVID declines via Dallas Morning News

Houston Economic Indicators March 2023 via Dallas Fed

Houston employment rose 3.1 percent in January, and benchmark revisions shifted employment growth up for 2022. Leading indicators sent mixed signals in the new year: employment growth and home sales remained strong, while oil prices and rig counts fell. Exports were down from mid-summer peaks but were still strong. High wage growth and relatively stable unemployment pointed to a still-tight labor market.

Read more...Houston Economic Indicators March 2023 via Dallas Fed

Austin Economic Indicators March 2023 via Dallas Fed

In January, Austin’s employment grew, wages increased and the business-cycle index rose. In contrast, the unemployment rate ticked up, single-family housing permits declined and housing affordability fell.

Read more...Austin Economic Indicators March 2023 via Dallas Fed

DFW Economic Indicators March 2023 via Dallas Fed

The Dallas–Fort Worth economy continues to expand. Payroll employment grew strongly in January, and unemployment held steady. Multifamily permit issuance fell further in January but remained elevated. Apartment demand was weak, while rents were stable in February. Housing affordability declined in fourth quarter 2022, though home price appreciation slowed.

Read more...Dallas-Fort Worth Economic Indicators March 2023 via Dallas Fed

ALN Monthly Market Stats March 2023 via ALN Apartment Data

ALN Data just released their February 2023 market stats on occupancy and rents for over 80 markets. In Texas, it includes DFW, Austin, Houston, San Antonio, Lubbock, Amarillo, Abilene, Corpus Christi and more. It is a must read from a great provider of apartment data.

Read more...ALN Monthly Market Stats March 2023 via ALN Apartment Data

Beyond Population Shifts: Why Multifamily’s Outlook Is Good via GlobeSt

After historical performance, it’s tough to top yourself. Multifamily has faced that challenge, according to Marcus & Millichap’s 2023 Multifamily National Investment Forecast.

How do you beat the performance that multifamily established during the height of the pandemic?

Read more...Beyond Population Shifts: Why Multifamily’s Outlook Is Good via GlobeSt