Dallas ranks as Texas’ third most competitive rental market in 2022

  • 📰 dallasnews
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 71%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Even with a drop in leasing activity in recent months, renters faced tight conditions in the Dallas-Fort Worth apartment market this year.

In a new report, apartment search service RentCafe and Yardi Systems ranked Texas apartment markets using a competitiveness score that factors in vacancy, occupancy, the number of prospective renters looking at each apartment, renewals and new construction.

El Paso ranked as the most competitive rental market in Texas. More than 96% of apartments there were occupied this year, and very few new rentals were built, according to RentCafe. The local rental supply there increased by only 0.7%, and more than 60% of renters decided to renew their leases. Rental rates will likely continue to rise but not nearly to the same level seen this year, said Greg Willett, a Dallas-based housing analyst with Institutional Property Advisors, a division of Marcus & Millichap.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

Dallas is 99.99% yankees and caliphukinfornians who are allowing rental properties to have monthly rates that are out of budget for most

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 18. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Higher mortgage rates curbed corporate relocations to DFW in 2022, researcher says - Dallas Business JournalMortgage rates soared in 2022. Corporate headquarters relocations to the Lone Star State dropped precipitously from their record levels in 2021. Are the two related?
La source: DallasBizNews - 🏆 525. / 51 Lire la suite »