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Vacancy rates tracked by Real Data (improved) or (worsened) over the last period ... Asheville 12.8% ... Charleston 11.2% ... Charlotte 12.8% ... Chattanooga 7.7% ... Columbia 11.5% ... Gainesville 13.0% ... Greensboro/WS 13.9% ... Greenville/SPG 11.8% ... Jacksonville 13.1% ... Myrtle Beach 14.7% ... Norfolk/VaBeach 6.9% ... Orlando 10.5% ... Raleigh/Durham 9.9% ... Richmond 9.9% ... Roanoke 6.9% ... Savannah 13.7% ... Tallahassee 11.2% ... Tampa Bay 9.7% ... Wilmington 12.1%

Rental rates tracked by Real Data (rising ) or (declining) in last period ... Asheville $753 ... Charleston $751 ... Charlotte $697 ... Chattanooga $659 ... Columbia $761 ... Gainesville $977 ... Greensboro/WS $629 ... Greenville/SPG $617 ... Jacksonville $736 ... Myrtle Beach $645 ... Norfolk/VaBeach $882 ... Orlando $823 ... Raleigh/Durham $751 ... Richmond $788 ... Roanoke $668 ... Savannah $786 ... Tallahassee $903 ... Tampa Bay $808 ... Wilmington $669
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    Wilmington, NC

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    Apartment Community (Submarket)

    CARDINAL POINTE (BRUNSWICK-)
    EGRET CROSSING (BRUNSWICK-)
    HUNTERSTONE (BRUNSWICK-)
    AVALON (NORTH-)
    BERKSHIRE AT PECAN GROVE (NORTH-)
    BIRCHWOOD PARK (NORTH-)
    BRIARCLIFF VILLAS (NORTH-)
    CAMPUS EDGE (NORTH-)
    CAPE HARBOR (NORTH-)
    CLEAR RUN (NORTH-)
    COLONIAL PARKE (NORTH-)
    CYPRESS POINTE (NORTH-)
    CYPRESS POND @ PORTERS NECK (NORTH-)
    DEERBROOK (NORTH-)
    FOREST HILLS (NORTH-)
    GLEN (NORTH-)
    GREENTREE (NORTH-)
    LENNON WOODS (NORTH-)
    LOFTS (NORTH-)
    MCMILLAN OAKS (NORTH-)
    MERIDIAN VILLAGE (NORTH-)
    MILL CREEK (NORTH-)
    NEW CENTRE COMMONS (NORTH-)
    PARK AT THREE OAKS (NORTH-)
    PINEWOOD (NORTH-)
    QUAD (NORTH-)
    RESERVE AT FOREST HILLS (NORTH-)
    RESERVE AT MAYFAIRE (NORTH-)
    TWINWOOD (NORTH-)
    VILLAS AT MURRAYVILLE (NORTH-)
    WIMBLEDON CHASE (NORTH-)
    ANTIQUA (SOUTH-)
    BARCLAY PLACE (SOUTH-)
    CANTERBURY WOODS (SOUTH-)
    CHATEAU TERRACE (SOUTH-)
    CYPRESS GROVE (SOUTH-)
    GOVERNOURS SQUARE (SOUTH-)
    KEYS AT 17TH STREET (SOUTH-)
    MANDELINE PLACE (SOUTH-)
    OSPREY LANDING (SOUTH-)
    POINT SOUTH (SOUTH-)
    TESLA PARK (SOUTH-)
    VETERANS PARK COMMONS (SOUTH-)

     

    Updated July 7, 2009


    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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