With a $2,000 housing budget, apartment sizes vary widely across major U.S. cities. In expensive cities like New York, Boston, and San Francisco, $2,000 rents average around 267-340 square feet. In more affordable cities like Oklahoma City, El Paso, and Indianapolis, the same budget can secure over 1,600 square feet, often for three-bedroom units. Rent prices and apartment sizes differ significantly by...
The Dallas-Fort Worth multifamily market remains strong with 35,594 new units completed in the past year, led by Dallas. Demand is high, with 43,260 units absorbed and occupancy at 93.8%. Rents softened, declining 2.9%, but a modest recovery is expected by late 2026. Texas Senate Bill 840 streamlines development approvals, encouraging infill growth near urban centers. Surface-parked apartments are...
1️⃣ Rent Growth: 2.0%(core) → 3.0%(value-add) Reaccelerating rent demand fueled by strong in-migration and expanding corporate footprint. 2️⃣ IRR Target: 7.50–9.00% → 10.30% Investors are pushing for higher returns as value-add opportunities broaden. 3️⃣ Going-in Cap Rate: 4.00–5.00% → 5.06% Higher initial yields improve underwriting...
Multifamily construction has slowed over 47%, easing supply glut and boosting renter demand, especially in growth markets like Denver, Phoenix, and Austin. Values have bottomed or nearly bottomed, attracting investors as prices fall below replacement cost. Apartment sales rose 9% in 2025, with stable cap rates. Experts expect multifamily values to grow more broadly by 2027 as supply declines and economic...
Childcare costs as a percent of median household income: 16.42% Housing costs as a percentage of median household income: 20.65% Percentage of population under age 10: 12.51% Number of children under age 10: 149,483 Ratio of total population to primary care physicians: 1,027 Population living within a half mile of a park: 63.09%...
Dallas ranks second in the U.S. for office-to-apartment conversions in 2024, delivering 584 units, just behind Manhattan. The city completed 698 adaptive reuse units overall, leading Texas and ranking fourth nationally. Adaptive reuse projects surged 50% nationwide, with hotels and schools also popular for conversion. Dallas has 2,952 units planned, with 80% expected from office space, reflecting strong...
Slide 1 secret: new zoning lets 1–8 dwelling units on residential lots, enabling gentle density near transit. Slide 2 target parcels nearest planned stations and silver line corridors for outsized future demand. Slide 3 recent building-code revisions allow small multifamily to use residential codes, lowering construction costs. Slide 4 buy...
Dallas showed cap rate compression in Q2 — strong investor competition. Multifamily assets here are drawing lots of attention again. Value-add deals still bringing the heat in Big D. Solid rental growth expectations make Dallas a magnet. Rent growth forecasts ↑: core 2.8%, value-add 3.3% over first 3 years...
Refinancing your mortgage when interest rates drop can save you money by lowering monthly payments, shortening the loan term, or reducing total interest paid. Factors affecting refinance rates include credit score, loan amount, and loan type. Consider refinancing if rates fall by about 1%, but account for closing costs of 3-6%. Using a mortgage refinance calculator helps estimate potential savings and...
Starting January 2026, Plano will increase fees for planning, engineering, and building services, with some rising over 1,200%, such as zoning appeal fees. Engineering inspection fees will double, while some fees like traffic impact analysis will decrease slightly. These changes aim to recover costs without deterring development. Residents also face higher parks and recreation fees to support service...