National multifamily investors continue to be bullish on Texas, a region that has been generally been seeing both low vacancy rates and steadily rising rental rates. The result is a very competitive market that has been somewhat picked over. While Texas hasn’t been faced with rent regulation like other major markets across the country, investors are particularly concerned about how the region will be impacted by changes in trade as well as politics. Taxes, supply and the state of the oil market also weigh on investors’ minds when acquiring properties in Austin, Houston, Dallas and San Antonio.