Tuesday's RECON included an article about pent-up demand in Austin's apartment market.
That could change soon, says Marcus & Millichap in the firm's second quarter 2012 Austin apartment market report.
According to the report, "tight conditions and rising rents have prompted a turnaround in Austin apartment development, with completions in 2012 expected to reach 3,000 units after slipping to a nearly 20-year low last year."
Other findings from the report:
Read more...Austin Multifamily: Developers Step Up to Meet Demand via Real estate Center at Texas A&M University
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