DFW’s robust economy is generating new households, creating the tightest apartment conditions in over a decade and facilitating healthy rent growth.
Foreclosure activity is up more than 10 percent from second quarter 2011.
Developers delivered 3,800 units to the DFW apartment market over the past 12 months, including 2,300 units in the ﬁrst half of 2012. At midyear, approximately 12,500 apartments were underway in the Metroplex and another 30,000 units were planned or proposed.
Read more...DFW area apartment 3Q 2012: Marcus & Millichap via Real Estate Center at Texas A&M University