Real Estate Data
for the Carolinas
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| Norfolk-Virginia
Beach-Newport News Apartment
Market |
The most recent Norfolk-Virgnia beach-Newport News Apartment Report is now available. The report gives detailed historical analysis of vacancy, rental, absorption, development and sales trends for Chesapeake, Hampton, Newport News, Norfolk, Portsmouth, Virginia Beach and Williamsburg, Virginia and their submarkets. The 200+ page report also gives a detailed summary of each apartment community inlcuding its floorplans, units, vacancies, rental rates, amenities and management. |
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November 2001 Overview... |
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Vacancy Rate 3.9 % |
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Rental Rate $ 619 |
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Recent development activity includes almost 900 apartment units currently under construction in the Tidewater-Peninsula area and over 1,800 units proposed. |
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| Carolinas Real Data publishes apartment market reports for the metropolitan areas of North Carolina, South Carolina, Virginia and Florida. These reports are widely recognized througout the multi-family industry as some of the most comprehensive market analysis in the country. These reports are valuable resources for owners, managers, developers, investors, appraisers, brokers and other professionals who require up-to-date and informative data. The reports are bases on market suurveys conducted every six months. Information is solicited from every conventional apartment community with at least 40 units. Over 95% of the apartment communities participate in the survey to provide a thorough and accurate measurement of current trends. Each report gives historical analysis of the market and for each submarket within the metropolitan area. Included in the analysis are: | |||
| Economic
Overview |
Housing |
Development |
Rents |
| Employment
Trends |
Suppy |
Absorption |
Sales |
| Population |
Demand |
Vacancy |
Forecasts |