(function(w,d,s,l,i){w[l]=w[l]||[];w[l].push({'gtm.start': new Date().getTime(),event:'gtm.js'});var f=d.getElementsByTagName(s)[0], j=d.createElement(s),dl=l!='dataLayer'?'&l='+l:'';j.async=true;j.src= 'https://www.googletagmanager.com/gtm.js?id='+i+dl;f.parentNode.insertBefore(j,f); })(window,document,'script','dataLayer','GTM-5WB8HLVL'); Seattle/Tacoma Rents Rise 2% in Q1 | Hamilton Zanze

Menu

Contact

Log in

Seattle/Tacoma Rents Rise 2% in Q1

hamilton-zanze June 10, 2013

Rents in the Seattle/Tacoma apartment market jumped 2.0% during Q1 2013, boosting the annual pace of growth to 4.2%. Factors contributing to the trend include:

Tight occupancy – 95.7% for Q1
Strong apartment demand – 1,700 units for Q1 and about 7,400 for the year ending Q1 (only Dallas and Houston had stronger absorption)
Property managers who are used to dealing with high absorption, as they will not panic and underprice available units

Read more at Property Management Insider