Mar 29, 2025
Greg Willett is Chief Economist for Leaselock. Greg has been an
apartment data analyst and real estate observer for over 30 years.
He discusses apartment investing trends and opportunities. Greg
Willett expressed concerns about the economy, noting
vulnerabilities in consumer confidence and rising credit card debt,
which may affect renter demand for apartments. He discussed the
current leasing season, noting normal demand and occupancy
increases, with some rent growth in Dallas and Austin. Willett
highlights challenges in new class A deliveries and solid
performance in middle-tier to bottom-end products. He shared that
Houston is performing well due to less new supply and strong
employment growth. Austin faces challenges due to high construction
rates and a slowdown in tech job growth. San Antonio is impacted by
Austin's struggles. Yes. There has been a slow start to
transactions in 2025, but activity is expected to pick up. The
ten-year treasury yield stabilization may help. He also shared that
developers face challenges with construction costs and labor
shortages. Garden suburban projects are more viable than mid-rise
or high-rise constructions.
To contact Greg Willett: leaselock.com
Leaselock offers deposit replacement products to help renters with
affordability challenges and mitigate risk for landlords.
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