New apartment projects and construction of multi-family housing are having a difficult time keeping up with demand Rents are on the rise as much as 7.7 percent as vacancies are decreasing. The vacancy rate in 2011 was 5.9 percent, this rate has dropped considerably in 2017 it is down to 3.9 percent. “Today’s strong demand… Continue reading Strong Demand for Apartment & Multi-Family Housing Construction, Florida, Atlanta & Carolinas
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Apartment & MultiFamily Housing Construction in Orlando, Florida
The next year Orlando, Florida is the top choice for investing in multi-family housing, according to a survey from both RealPage and the National Apartment Association. Orlando’s job growth is increasing at an incredibly fast rate. Multifamily Executive wrote in a recent article ‘Apartment Investors Eye Orlando’, “The market is adding jobs at an average… Continue reading Apartment & MultiFamily Housing Construction in Orlando, Florida