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