Real Data
Apartment Market Update
September 6, 2013

Apartment Market Updates
Occupancy rates remain strong throughout Southeast 

The Southeast apartment market continues to post strong occupancies for the first half of 2013.  Healthy market conditions are spurring rent growth and a surge of new construction through the region.  Roanoke, Savannah and Nashville currently have the highest occupancies, however, all markets  have recovered to the 90% range.

Real Data

Strong demand in Roanoke...
Demand is at a ten year high in Roanoke leading to a vacancy rate of only 4.6% and encouraging new apartment development, which is also currently at at ten year high...Read More
Real Data 
High occupancy for Savannah...
The Savannah vacancy rate is at its lowest point in seven years at 5.2%.  A strong market is also spurring rent growth The average monthly rent is  currently at $858 per month...Read More

Real Data

New construction has exploded in Raleigh...
Development in Raleigh-Durham is at an all time high with over 10,000 units currently under construction and developers planning an additional 6,500 units  for the region...Rea d More
Regional News Updates
Wells Fargo
Housing Chartbook July 2013...
Rising mortgage rates and some disappointing results for existing home sales have raised fears that the sudden jump in mortgage rates from their all-time lows might still threaten the still-fledgling housing recovery... Read More
 Post and Courier
HH Hunt to focus on multi-family in Charleston...
Developer HH Hunt Corp, entered the Charleston region's home building market in 2010.  Now its re-tooling to focus all efforts on growing its multifamily business in the area...Read More
Tampa Business Journal
Clearwater apartments sold...
The Landmark at Savoy Square apartments were acquired by Landmark Apartment Trust of America as part of a three property deal....Read More
Orlando Business Journal
More downtown apartments coming to Orlando...
There's another mid-rise apartment in the works for downtown Orlando...Read More
Nashville Post 
Developers are planning high rise apartments for Music Row...
Childress Klein Properties is planning a 14 story, 380 unit apartment and retail tower to be located on Music Row....Read More 
Winston Salem Journal
Work begins on Winston Salem apartments...
Construction has started on the third phase of Hilltop House apartments in downtown Winston Salem...Read More
Charlotte Business Journal 
New Student apartments planned near UNC Charlotte...
R&G Student Housing has purchased 23 acres on University City Boulevard in Charlotte for a 244 unit student housing project that is expected to deliver next year...Read More
Greenville News
More apartments planned for downtown Greenville...
A wave of apartments development continues in downtown Greenville with the latest plans calling for an eights story complex at the intersection of Broad ad River streets... Read More

Upcoming Real Data Market Reports

Charlotte - September 10th
Nashville - September 20th
Charleston - September 30th
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