Reno’s apartment fundamentals solid

Thank you to a reader for forwarding the following link to an article and video on the current state of Reno’s apartment rental market. Sounds like things are pretty good in that arena.

See the Property Management Insider story here: Reno’s Apartment Market Posts Surprisingly Solid Fundamentals

From the piece…

…we saw some strong upward momentum as occupancy has jumped 450 basis points over the past three years. And as of Q4 2012, the occupancy rate for the metro is at 94.8%, which is right in line with the U.S. average.

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