In its first quarter 2015 apartment market report, Marcus & Millichap says the city's apartment market will soften some throughout the remainder of the year as builders accelerate projects and low oil prices create some economic uncertainty.
"Though direct exposure to the oil price reduction remains limited, the metro’s economy will be impacted somewhat nonetheless," the report said. "Job growth will be largely dependent on non-energy-related sectors such as healthcare, education, and professional and business services this year.
Read more...San Antonio Multifamily: Look for Market to Soften via Real Estate Center at Texas A&M
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