ALN Texas apartment news: Abilene, Corpus, College Station, Lubbock, Waco

​​​​​​​​​TEXAS - Amarillo and College Station had strong absorption over the last three months, according to ALN’s March 2016 Focus on Texas Markets.

Midland-Odessa seems to have finally stabilized the losses due to the fall in oil prices, yet rents have dropped 6.5 percent in just the last three months. 

College Station and Corpus Christi each had large gains in prices over the last three months with 2.9 percent and 1.6 percent gains respectively.​

Corpus Christi, Lubbock and Waco all had a winter to forget though absorption is up for the last 12 months in those markets. ​

Theron Patrick ALN Analyst​: Judging a market by the off season months isn’t totally fair and the Texas markets may still turn in solid numbers for 2016. However, this time I just feel that there are stronger headwinds going into the spring and summer months for the Texas markets than there were in years past.