This summer was a boom to many apartments in the Beaumont / Port Arthur Texas area. Many apartments were sitting waiting lists as long as their arm. It seems that (in my totally unscientific research) that things have slowed since then. Complexes around the Golden Triangle area seem to be running more specials and incitements to get renters in their units. I talked to a few managers last week that told me the calls started slowing down in Mid-November.
So if you're in the market for a new place to live, you may be able to get a better deal then you were able to just a few months ago. Owners and managers are more willing to bend the prices or give a little more on their end.
If you're a manager, keep those marketing efforts up! It's just a few months till spring rolls around and potential tenants will be back out on the street looking for a new place.
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