(http://camdenapartmentblogs.com/2012/01/17/a-renters-nation/socnoma-4/)Straight from the Nation’s Capital in DC, we have seen a big rise in occupancy. Not only DC is a hot place to be, but renting has become a hot commodity. In the CNBC video below, 2011’s Q4 vacancy rate is reported to be at an all-time low of 5.2%. (http://www.camdenliving.com/?cm_mmc=SM-_-Blog-?cm_mmc=SM-_-Blog-_-DC Metro--A_Renters_Nation)’s own DC Metro Area Regional Manager Richard Key delves into the foreseeable future of local REITS.      Follow link below for video: [http://plus.cnbc.com/rssvideosearch/action/player/id/3000065935/code/cnbcplayershare](http://plus.cnbc.com/rssvideosearch/action/player/id/3000065935/code/cnbcplayershare)   While one of (http://www.camdenliving.com/?cm_mmc=SM--Blog-?cmmmc=SM--Blog--DC Metro--ARenters_Nation)’s key strategies is to reinvest in our own properties by rehabbing them, you’ll also be seeing some brand new developments in prime DC locations. Two projects, (http://www.camdenliving.com/?cm_mmc=SM--Blog-?cmmmc=SM--Blog--DC Metro--ARenters_Nation) South Capitol & (http://www.camdenliving.com/?cm_mmc=SM--Blog-?cmmmc=SM--Blog--DC Metro--ARenters_Nation) NOMA have both broken ground with South Capitol’s expected completion Summer 2013 and NOMA in 2014. (http://www.camdenliving.com/?cm_mmc=SM--Blog-?cmmmc=SM--Blog--DC Metro--A_Renters_Nation) NOMA is to be situated in an area of DC referred to as NoMa BID (hence the community name). NoMA BID (Business Improvement District) used to be a heavily industrial area until the arrival of the New York Avenue Metro Station in 2004. Business development led to residential growth which has made this area a desirable social setting with more than 120 free events hosted each year. More detailed information and future announcements can be found for each community at their respective web pages, www.camdensouthcapitol.com and www.camdennomaapartments.com.