Market Spotlight: Charlotte
Like many high-growth markets, Charlotte suffered from lower apartment demand and an active construction pipeline in 2022.
Like many high-growth markets, Charlotte suffered from lower apartment demand and an active construction pipeline in 2022.
It’s a new year, but some of the challenges for the multifamily industry that played a role in 2022 have come along for the ride.
2022 state population change was in many ways a continuation of population trends in place for the last decade.
Senior Market Analyst, Jordan Brooks, shares final thoughts on the December 2022 article, National Occupancy Returns to Pre-Pandemic Level.
Persistently low demand and a very active construction pipeline have combined to send national average occupancy to its pre-pandemic level.
2022 has been an unusual year for the multifamily industry, but one point of consistency has been active turnover for property managers.
Rent growth finally succumbed to the gravity of negative net absorption in November after months of steady declines.
Senior Market Analyst, Jordan Brooks, shares final thoughts on the November 2022 article, Digging Into Recent Rent Changes.
Multifamily rent growth finally lost some steam in recent months, long after apartment demand had cooled. But, the change has not been uniform.