One of my Associates, Avalon Corporate Housing, houses short term assignment employees from all industries. Recently they landed a large client that needed 70 apartments in the next 3 months. After the excitment wore off the work began. After calling all around Houston they were able to secure just 4 apartments. They even experienced leasing agents laughing when asked if they had any vacancies. After a couple of days with the phone stuck to their ears, they were able to secure all the apartments needed but in 5 separate properties.
This is a sure sign that the rental market in Houston is stronger then it has been in years. Apartment buildings are sprouting up all over and becoming occupied just as fast.
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