Rents keep rising, but incomes grow to keep up in some areas
SAN FRANCISCO BUSINESS TIMES (September 18, 2017) – Rents have risen across the country, but incomes in many areas have continued to grow with them, buoying the high-end apartment market, according to new data from several sources. RealPage (NASDAQ: read more
Is rising rent a myth? For many, incomes seem to be keeping up
SFGATE (September 17, 2017) – Most people paying attention to the cost of renting an apartment in the U.S. would tell you that prices have gotten out of hand. That’s certainly true at the extremes where, say, the typical read more
Is Phoenix apartment market a candidate for overbuilding?
AZRE (September 12, 2017) – The Phoenix apartment market has notched a strong two years, as occupancy has remained essentially full and rent growth levels have trended well above national norms. A key factor shaping this performance is that read more
Dallas apartment permits dip 20 percent in the first real sign of a building slowdown
DALLAS MORNING NEWS (September 12, 2017) – The long-predicted slowdown in North Texas apartment construction may finally be in the works. With over 50,000 rental units under construction, Dallas-Fort Worth has been the top apartment building market in the read more
Large Number of Vacant Apartments Will Help Houston in Harvey Aftermath
MULTIFAMILY EXECUTIVE (August 30, 2017) – RealPage chief economist Greg Willett says the metro area has 47,000 vacant units; labor issue will persist. It still remains to be seen how much property damage and economic loss Hurricane Harvey will read more
Houston’s apartment surplus will come in handy after Harvey
HOUSTON CHRONICLE (August 30, 2017) – Houston has one of the highest apartment vacancy rates in the nation, and that’s a good thing in the wake of Hurricane Harvey. With 47,000 vacant units spread across the metro area, Houston read more
Apartments: Which markets are hot, which are cooling and where Phoenix stands
PHOENIX BUSINESS JOURNAL (August 25, 2017) – Phoenix always has been a cheaper place to live than other big U.S. cities where apartments, housing prices and office rents are more expensive. RealPage Chief Economist Greg Willet offers some insight read more
A Close Look at Urban Core Apartment Market Performances
NATIONAL REAL ESTATE INVESTOR (August 22, 2017) – The U.S. apartment completion volume across the country’s 100 largest metros has accelerated to more than 80,000 units per quarter in 2017, up from around 60,000 units a quarter in the read more
Richardson rental company RealPage creating 150 new jobs in South Carolina
THE DALLAS MORNING NEWS (August 9, 2017) – Richardson-based real estate services firm RealPage plans to add 150 jobs in South Carolina. The Greenville News reported that RealPage plans to add the jobs at its customer-contact center in Greenville, read more
Mercy Housing Selects RealPage to Manage All Assets
RICHARDSON, TEXAS (August 8, 2017) – RealPage, Inc. (NASDAQ:RP), a leading global provider of software and data analytics to the real estate industry, announces that Mercy Housing, Inc., one of the nation’s largest nonprofit affordable housing organizations with regional read more
