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MPF List: Texas Neighborhood Apartment Rent Growth Winners MPF List: Texas Neighborhood Apartment Rent Growth Winners https://www.recenter.tamu.edu/news/newstalk-texas/?Item=144822016-09-13T05:00:00Z

DFW, HOUSTON - The Texas apartment markets has generally prospered during much of the current economic cycle, according to Greg Willett of MPF Research.​

Looking specifically at annual rent growth as a measure of overall health, the Lone Star State includes some of the country’s best performers. 

East Fort Worth, registering 11.2 percent annual rent growth in second quarter 2016, places in the top spot across Texas.

Nearly all of the neighborhoods on the top performer list are North Texas locales.

The Galveston/​Texas City area grew with prices up 8.3 percent on an annual basis.​

A notable characteristic that all the neighborhood-level rent growth leaders share is that their stocks are extremely heavy on the bread-and-butter middle-market product segment.​ It is those Class B properties that are posting the most pricing power almost everywhere across the country.

See the full report including Bottom Performers at the source link.

Real Page
Dallas-Fort Worth-Arlington
Multifamily
http://www.realpage.com/mpf-research/heres-list-texas-neighborhood-apartment-rent-growth-winners-losers/Read more at {Source}

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