NAA Industry Insider: Washington, D.C., Forecast as Worst-Performing Market in 2014

MPF Research is projecting that Washington, D.C., will be the worst performer for revenue change across the nation's biggest metro areas, with declines in both occupancy and rent achievement combining for a total loss near 2 percent. Metro D.C. is already dealing with a lot of new apartment product moving through the initial lease-up process. Deliveries last year increased to 10,100 rental units, marking the largest calendar-year volume recorded in the two decades that MPF researchers have been tracking the local marketplace.

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