Monthly Archives October 2012

Rental demand in Downtown Delray Beach sparks New Construction

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If your looking for a new apartment in Delray Beach, FL you will soon have many other options. Because of the popularity of Atlantic Ave and the press this great city has been getting including the title of “Most Fun City” there has been an increased demand to live near the Ave. The occupancy levels in the rental communities surrounding downtown Atlantic Ave have reached capacity in most cases regardless of the community price point. Developers have taken notice and several new rental communities are currently under construction. This increase in the supply of apartments in the area should drive down pricing in the near future and give an opportunity for new residents to move into the area at a more competitive rate like some of Delray Beach’s neighboring cities such as Boynton Beach. There are already some new communities open for residents and others taking pre-leasing applications at some great introductory rates. Call me at 561-674-1727 if your looking to make a move into the area.

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