Wednesday, October 29, 2014

Renters scooping up apartments at historic rate via Houston Chronicle

The multifamily market in Houston is nearing a historical high of 91 percent occupancy, real estate firm CBRE reports.

This demand has caused rents to skyrocket as the construction crews work to build more projects around the region.

According to Houston-based Apartment Data Services, some of the largest rent increases have been in outlying areas.

Read more...Renters scooping up apartments at historic rate - Prime Property

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