#sun-belt

#sun-belt

Rents for both multifamily and single-family built-to-rent units moved sideways over the last year. Still, rents in most major Sun Belt markets are down annually due to a glut of new housing, according to the latest Yardi Matrix National Multifamily Report. Meanwhile, rental growth is typically the strongest in the Midwest, Northeast, and California. This mirrors trends in the for-sale market, as markets with negative home price appreciation over the last year tend to be concentrated in the Sun Belt and the Mountain West.

Forsyth County has grown rapidly in recent decades but is now experiencing pushback against further development, with a focus on preserving the community instead.