National Leaders in Real Estate Research Annual Apartment Survey 2007 “Are We There Yet?” Ken...
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National Leaders in Real Estate Research Annual Apartment Survey 2007 “Are We There Yet?” Ken Danter The Danter Company Columbus Apartment Association May 17, 2007
National Leaders in Real Estate Research Annual Apartment Survey 2007 “Are We There Yet?” Ken Danter The Danter Company Columbus Apartment Association
National Leaders in Real Estate Research Annual Apartment
Survey 2007 Are We There Yet? Ken Danter The Danter Company
Columbus Apartment Association May 17, 2007
Slide 2
Outline n Demographic Trends n Employment Trends n Housing
Starts n Single Family Trends n Condominium Trends n Apartment
Trends
Columbus, Ohio Median Rent By Quadrant - 2007
One-BedroomTwo-Bedroom Northwest$614$736 Northeast$525$628
Southeast$443$578 Southwest$499$594 Central City$415$590
Overall$513$625
Slide 35
The Future n Single family entry level construction to be below
sustainable levels for 3 to 5 years n Continued conversions will
reduce number of apartments in the market (and the same number of
renters) n Decreasing vacancies to stabilize at 6% to 7% over the
next two years n Rent increases of 1% to 1.5% per year n Declining
concessions
Slide 36
For a Copy of Todays Presentation n Go to www.danter.com and
look for Columbus Apartment Association Presentation May 17,
2007www.danter.com