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Quote of the day – exurbs the fastest-growing areas

Symphony Meadows, Volo

Sprawl appears to be winning the ongoing battle against urban sprawl, according to a recent post at Atlantic Cities: The exurbs – those deconcentrated towns flung far beyond the urban core and just outside the suburban spread – have been growing faster than the rest of the country in recent years, even amid the housing ...

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Posted by Joe Zekas on July 31, 2012
News & trendsMarket conditions

Chicago apartment vacancies down for 13th consecutive quarter

Marcus & Millichap graph

Marcus & Millichap has just published its Third Quarter 2012 Apartment Research Market Report (PDF, Registration required). Here are some of the highlights for the City of Chicago: More projects are under way, but few have yet to come online. In the past 12 months, 166 market-rate rentals were delivered in the city. The total ...

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Posted by Joe Zekas on July 11, 2012