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Developers should build in markets that will absorb new construction pipelines adequately because, in some markets, rents are now softening as supply is exceeding demand, Buchanan Street Partners' Tim Ballard tells GlobeSt.com.
Developer research for Viamonte showed that most buyers are coming from the surrounding affluent area, which was an impetus for the site placement, GlobeSt.com learns in this <b>EXCLUSIVE</b>.
Exclusive audio interview: New Jersey Future research suggests that hlousing affordability is a major factor for Millennials, says Tim Evans, New Jersey Future's research director.
For renters in the DFW area, Plano is the best bet with 89.4% of applicants getting approved, followed by Irving with 88.8% and then Dallas, which is also reporting a high approval rate of 84.8%, according to RentCafe.
While many displaced Houstonians have found temporary homes thanks to the housing glut, the vast majority of these units do not qualify as affordable if located in luxury high-rise buildings, says Lawler in this <b>EXCLUSIVE</b>.