Lubbock’s rental market is stable and continues to grow, enjoying a near-record occupancy rate in June.
A few things helped the market, according to Lisa McDonald, president of the Lubbock Apartment Association, who shared information from the association’s semi-annual occupancy survey.
For example:
■ More people are looking to real estate as an investment and buying rental properties.
■ Texas Tech’s record growth is driving lots of rental construction in Overton Park.