WEST PALM BEACH, FL-Projected job growth and pent-up demand for rental housing are sparking a modest recovery in the Palm Beach County apartment market. So says Marcus & Millichap’s Fourth Quarter 2010 ApartmentResearch Market Update.

The firm reports a significant resurgence in demand for class A rentals through the first three quarters. Demand for class B and class C rentals was virtually flat in the period, however renewed hiring in trade sectors is a good start toward getting the lower-tier renter pool active again.


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