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Chattanooga, - The area experienced its strongest demand in over three years which helped push occupancy rates higher.
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Raleigh-Durham
Strong demand over the last six months produced modest gains in occupancies, however rental rates continue to decline.
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Myrtle Beach
Declining rents helped entice potential renters and spurred demand for apartments, however, vacancy rates remain very high at 15%.
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Jacksonville
With virtually no new development on the horizon, occupancy rates should continue to improve.
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Richmond
Developers remain very active in the areas around Fort Lee military base in anticipation of its expansion.
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