Fox 8 Story on vacancy rates in the Triad

October 23, 2014 at 3:21 pm Leave a comment

PTAA member The Greenway at Fisher Park is featured in this Fox8 story on the new vacancy and rent report from Real Data.

myfox8.com

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GREENSBORO, N.C. — The apartment vacancy rate in the Triad is the lowest it has been in a decade, according to a report released by a Charlotte research firm. In fact, the report shows demand for rental properties is so high that more than 93 percent of apartment units in the Triad are currently occupied.

The Greenway at Fisher Park apartments in downtown Greensboro has been particularly successful.

“Right now we’re 100 percent occupied, so we actually have a waitlist for the next year. We’re also in preparations for our second phase right now,” said Hannah Boyd, property manager at Greenway at Fisher Park.
Kerri Person, with Rent-A-Home of the Triad, says the same is true for all types of rental properties, like duplexes and houses.

“Our rent values have trickled up some. The key though I think to renting the property quickly is having it priced…

View original post 153 more words

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Entry filed under: Benchmarks, Members in the News, Piedmont Triad Apartment Market, PTAA Members in the News, Rent Rate, Vacancy Rate. Tags: , , .

Piedmont Triad’s Apartment Vacancy Rate Falls to 6.5%, Rents Rise 2.1% Hawk Ridge Apartments in Winston-Salem Sell for $9.1 Million

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