Every quarter, the National Apartment Association (NAA) partners with RealPage to produce a Market Momentum report, which surveys industry executives across the country to reveal the most desirable markets for investing, rent performance, and resident retention.
While there are many varying opinions about what markets are desirable in the current economic climate, according to the most recent Market Momentum report, industry executives see Orlando being a hotspot for near-term multifamily investments.
“Market Momentum survey respondents rank Orlando as the top choice for increasing near-term apartment investment, said RealPage Chief Economist Greg Willett. “Supporting this choice, RealPage stats reveal tight occupancy, solid rent growth and comparatively moderate ongoing building in Orlando. Seattle and Washington, DC remain favored metros, while Sacramento and Los Angeles are moving up the list. Miami, Dallas and Atlanta, markets that previously were viewed favorably, have dropped from the top-rated list.”
NAA President & CEO Robert Pinnegear attests to the value of Market Momentum, noting the wide-range usage the report and the timely data it provides to industry investors and NAA members.
Click here for the full National Apartment Association article: www.naahq.org/orlando
For access to the full Market Momentum 2017 – Q3 click here: NAA Market Momentum
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