Economic Development Incentives Bring New Firms to West Palm Beach, Spurring Rapid Net In-Migration Influx of new residents drive unprecedented rent gains. Since 2019, West Palm Beachhas led all major South Florida markets in population growth, gaining more than 55,000new residents. Initiatives from the Business Development Board of Palm Beach Countyspurred many corporate relocations and...Read More
Public-Private Initiatives Help Metro Weather Inbound Headwinds as Multifamily Performance Moderates Public sector and related employers mitigate demand hurdles. Due to a high concentrationof recession-resistant industries, San Antonio is uniquely poised to withstand aneconomic downturn. Aside from a plethora of state government organizations, the regionboasts a substantial national defense sector — including a regional NSA...Read More
In-Migration and Challenging Homeownership Environment Mitigate Apartment Supply Wave’s Pressure Barriers to buying a home to help moderate vacancy decompression. In 2023, the metrois expected to see the sixth-largest volume of new residents among major U.S. markets, supportingthe local labor force. Even with some companies rebalancing staff counts amid economicturbulence, higher-wage personnel from Austin’s growing...Read More