New Report Of Interest To Texas Apartment Buyers

I just read a great new report that should be of interest to Texas apartment buyers over on the real estate channel site.

Here’s an excerpt on the Dallas Fort Worth Market…

Dallas/Fort Worth

“The investment climate in Dallas/Fort Worth remains positive, underpinned by the strong local economy and vigorous population growth,” says Tim A. Speck, regional manager of Marcus & Millichap’s Dallas office. “The market is transitioning, with  local investors emerging as the major buyers, expanding their portfolios with residual capital from previous sales.”

Speck says employers in the Dallas/Fort Worth hub are expected to add 50,000 jobs by the end of this year, expanding payrolls by 1.7 percent.