The hot real estate market has Dallas-Fort Worth apartment developers holding the biggest supply of new apartments in the United States.
But the New Year could bring a new reality for the Big D.
North Texas’ ongoing construction totaling 30,296 apartment units is noticeably down from last year’s peak of 39,700 units in the construction pipeline, but is still significantly more than big markets, such as New York and Los Angeles, said Greg Willett, chief economist for RealPage Inc. (Nasdaq: RP).
Click to read more at Dallas Business Journal