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March 29, 2025 34 mins

Greg Willett is Chief Economist for Leaselock. Greg has been an apartment data analyst and real estate observer for over 30 years. He discusses apartment investing trends and opportunities. Greg Willett expressed concerns about the economy, noting vulnerabilities in consumer confidence and rising credit card debt, which may affect renter demand for apartments. He discussed the current leasing season, noting normal demand and occupancy increases, with some rent growth in Dallas and Austin. Willett highlights challenges in new class A deliveries and solid performance in middle-tier to bottom-end products. He shared that Houston is performing well due to less new supply and strong employment growth. Austin faces challenges due to high construction rates and a slowdown in tech job growth. San Antonio is impacted by Austin's struggles. Yes. There has been a slow start to transactions in 2025, but activity is expected to pick up. The ten-year treasury yield stabilization may help. He also shared that developers face challenges with construction costs and labor shortages. Garden suburban projects are more viable than mid-rise or high-rise constructions.
To contact Greg Willett: leaselock.com

Leaselock offers deposit replacement products to help renters with affordability challenges and mitigate risk for landlords.
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