Are you looking for an apartment or know anyone that is in the Houston Metropolitan area? Well, there's great news ahead!
The multifamily development market in Houston is on the fast track as builders rush to create apartment units for a growing population of renters.
The areas that are most attractive for new development are the Galleria, Inner Loop, Katy and The Woodlands.
Apartment occupancy and rental rates are strong thanks to a variety of factors.
People who can’t get financing or can’t afford the down payment to buy a single-family house are staying in multifamily units longer.
A total of 18 new apartment complexes with 3,690 units are under construction as of June. There are an additional 4,411 units in 23 properties that have begun leasing but are not quite finished yet.That does not include another 49 projects with more than 13,000 units proposed for construction.
An overwhelming majority of the new construction is Class A — which are the nicest apartments with upgraded finishes and amenities.
There are 96,073 units in 360 Class A properties in metropolitan Houston, which is a large area from Galveston to Conroe and Baytown to Katy.
So if you're in the market to buy, sell, lease a house or an apartment the time here in Houston is great to do that! Let us help you. Our team is experienced and we care about where you live. Our Apartment Locating services are absolutely free! We will find the apartment that best fits your needs, look for all specials and guide you every step of the way! Don't let moving stress you out... you just pack and we'll do the rest for you!
Visit us at www.davidthelocator.com or call us at 281-326-HOME. We look forward to hearing from you!
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