Pandemic Apartment Construction is Finishing. Now What?

New Apartments Are Taking Longer to Fill Up

Remember how hard it was to find an apartment during the pandemic? Well, things are finally getting back to normal. New data shows that just over half of newly built apartments are finding renters within their first three months on the market. This is a big change from the crazy rush we saw during COVID-19.


Different Stories in Different Parts of the Country

The Northeast is doing surprisingly well – about two-thirds of new apartments there are getting rented quickly. But the South, especially Florida and Texas, is telling a different story. Builders went all-in on new apartments there during the pandemic when everyone was moving south. Now they might have built too many, too fast. Only about half of these new southern apartments are finding renters quickly.


Bigger Apartments Are a Hot Ticket

Here's something interesting: the biggest apartments (those with three or more bedrooms) are the easiest to rent out. About 63% of them find renters quickly, even though builders are making more of them than before. This makes sense when you think about how many people still work from home and want extra space.


Studio apartments, on the other hand, are having a harder time. Only half of them are finding renters in their first three months. One and two-bedroom apartments aren't doing much better.


What This Means for Potential Renters

If you're looking to rent, this is actually good news. With more apartments available and fewer people rushing to rent them, you might have:

  • More choices when apartment hunting
  • More room to negotiate your rent
  • Better chances of finding move-in specials and deals
  • The opportunity to rent a home instead of an apartment


Apartment complexes know this too. Many are offering special deals or lower rents to attract tenants. This is especially true in places like Florida and Texas, where lots of new apartments are opening up.


Looking Ahead

The apartment market is finally cooling down after the pandemic rush. Builders are slowing down too – they're starting fewer new apartment projects than last year. This means we're heading toward a more normal, balanced market where neither landlords nor renters have all the power. For 2025, this likely means better opportunities for renters, especially in areas with lots of new apartments. While finding an apartment isn't exactly easy, it's definitely not as stressful as it was during the pandemic. The best part? This calmer market means you can take more time to find the right place instead of having to grab the first apartment you see. Whether you're looking for your first apartment or thinking about moving to a new one, 2025 might be your year to find a great deal.

Las Vegas Parking Guide

May 27, 2025
If you’re a first-time visitor to Las Vegas, the idea of paying for parking might not be as big of a deal as it is to those of us who’ve been around for a while. Just a few years ago, it was practically unheard of to pay for parking on The Strip. Free parking was a standard expectation for both locals and casino guests alike. But times have changed, and many of the big casinos along the iconic Las Vegas Strip have started charging for parking. While we’ll let you draw your own conclusions about whether or not parking fees are justified (locals, we feel your pain), we’re here to guide you on where to park on the Las Vegas Strip. So, buckle up, and check out our list to see where you can park for free as a local! First three hours of self-parking are free for locals: • The Aria • The Bellagio • Caesar’s Palace • The Cosmopolitan • The Cromwell • The Excalibur • The Flamingo • The LINQ • Luxor • The MGM & Park MGM • Planet Hollywood • Wynn & the Encore Free Parking across the board • Rio • The Palms As a final tip when it comes to visiting the strip: Check and see if the casino does any sort of parking validation. A lot of times they will give you free parking if you spend a certain amount of money inside, are a guest (on a staycation) or are a certain tier level among their rewards programs. Remember, it never hurts to ask. If you're visiting Las Vegas, be sure to check with your hotel about whether parking and valet services are included when you book your room. It's a cost worth factoring into your trip planning!

Mad Hatter’s Tea Party: A Wonderland-Inspired Cocktail Experience at Silverton Casino

May 19, 2025
Get ready to step into a whimsical world of wonder and delight as Shady Grove Lounge at Silverton Casino transforms into a fantastical “Alice in Wonderland” experience! From April 10 to May 31, the popular cocktail hideaway is hosting the Mad Hatter’s Tea Party, an immersive pop-up bar that promises a fun, over-the-top adventure every Thursday, Friday, and Saturday from 5 pm to 10 pm. The space itself is a visual feast, with larger-than-life flowers, colorful decor, and enchanting touches that transport visitors straight into the heart of Wonderland. Even the iconic Airstream, which is a centerpiece of the lounge, will be decked out in all things magical and whimsical. Of course, no tea party is complete without the perfect beverages. The Mad Hatter’s Tea Party features a specially crafted cocktail menu that’s as imaginative as the setting. Enjoy whimsical drinks like the Tennessee Tea (a bourbon-based concoction with honey and rose water), the Tea-garita (a tea-infused take on a margarita), or the Espresso Mar-tea-nee (a rich blend of espresso, coffee liqueur, and vanilla-chai tea). Other fun options include the Butterfly Gin and Tonic Tea and the sweet Sunshine Tea, packed with vodka and passion fruit lemonade. So grab your friends, dress in your best Wonderland-inspired outfits, and join the fun at the Mad Hatter’s Tea Party – where cocktails and curiosity collide!

Sip, Stroll, and Celebrate at the New Vista Wine Walk: A Night of Fun for a Great Cause

May 12, 2025
Mark your calendars for a night of wine, entertainment, and community support at the New Vista Wine Walk, happening on May 31, 2025 , from 7 PM to 10 P M at The Pavilion & Dining Arroyo at Downtown Summerlin. Since 2004, the New Vista Wine Walk has become a beloved Las Vegas tradition, bringing people together for a fun, festive evening filled with wine, music, and good vibes—all while supporting a wonderful cause. Whether you're enjoying the company of friends, family, or even your furry companion, this event is the perfect way to unwind and kick off the weekend. Sip and Savor Get ready for a wine-tasting experience like no other! With over 18 tasting stations offering handpicked wines from MGP Fine Wines, you'll have the chance to savor exclusive selections that are sure to please any palate. Whether you're a seasoned wine connoisseur or just looking to try something new, there’s something for everyone. But the fun doesn’t stop at just wine! While sipping and strolling, enjoy live entertainment that will keep the energy high and the atmosphere lively throughout the night. Extra Touches for a Memorable Evening This year, New Vista is adding even more fun to the event with a variety of unique experiences. Stop by Bonded for permanent jewelry—an unforgettable keepsake from the night. Plus, you can visit the Hamilton Hat Lounge to design your own custom hat at the custom hat bar! It's the perfect opportunity to add a little flair to your evening while enjoying the festivities. Take the Wine Home Did you discover a favorite wine that you just have to bring home? Head over to Paige and Rye at the end of the event to purchase a bottle of your new favorite wine. The exclusivity of these wines makes them even more special, so make sure to grab a bottle or two before they’re gone! Giving Back to the Community What makes this event truly special is its commitment to supporting New Vista, a local charity that has been serving the community for 36 years. New Vista’s mission is to provide individuals with Intellectual and Developmental Disabilities equal opportunities and supported living arrangements, allowing them to experience life to the fullest. By attending the New Vista Wine Walk, you're directly contributing to this amazing cause. 100% of the proceeds from the event will go toward New Vista’s efforts to empower individuals with disabilities, helping them lead fulfilling lives. Grab your tickets (available on Summerlin.com) , gather your friends, and join New Vista for a memorable evening of sips, strolls, and supporting a great cause. Event Details: • Date: May 31, 2025 • Time: 7 PM – 10 PM • Location: The Pavilion & Dining Arroyo at Downtown Summerlin • Proceeds Benefit: New Vista, a local charity supporting individuals with Intellectual and Developmental Disabilities.
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