Tom Burns Reviews the Investor and Economic Environment in Houston, Texas
HOUSTON—Is the recognized “energy capital of the world” a good bet for multifamily? On one hand, CoStar reports overall vacancy increased by 1.7% during the past 12 months and rent growth has declined by 1.5% during that same period. There has been a glut of four and five star deliveries since 2010: 17,000 units were delivered in […]
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