Third Quarter Vacancy Report – Some Up, Some Down…have We Seen The Top?
The third quarter Central PA Vacancy Report published by Landmark Commercial Realty reveals some interesting variations in occupancy rates among multiple counties in Central PA.
Occupancy in most surveyed counties remained stable and counties like York actually saw a dip in occupancy. This has led many to wonder if we have seen the limit on occupancy levels within the multi-family industry.
Is a better economy on the rise? Are renters converting to homeowners? How might area development and job creation be playing a factor in these varying trends?
Read the full third quarter Central PA Vacancy Report from Chuck Heller and Drew Bobbincheck, CCIM
Read the coverage of this issue from the Central Penn Business Journal.