Monday, February 6, 2023
Home News And Trends

News And Trends

At News & Trends you will find trends in rents, real estate sales, apartment development, the economy at large and property management and investing industry matters.

Portland rents fell by only 0.1 percent – essentially flat-  over the course of January while rents fell in many other large metros

Portland Rents Hold Steady In January

The median rent in Portland fell by only 0.1 percent – essentially flat-  over the course of January while rents fell in many other large metros, according to the February report from Apartment List. Portland...
National rents declined as the index fell by 0.3 percent over the course of January, marking the fifth straight month-over-month decline

National Rents Decline In January For Fifth Straight Month

The national rent index fell by 0.3 percent over the course of January, marking the fifth straight month-over-month decline, Apartment List says in their February report, while the vacancy rate rose. The rent decline in...
Already in 2023 many states and localities have taken steps to implement rent control policies as the on-going rent control battle continues.

On-Going Battle Over Rent Control Continues

The National Multifamily Housing Council (NMHC) reports that although we’re only weeks into the new year, many states and localities have already taken steps to implement rent control policies as the on-going rent control...
Asking rent forecast for 2023 has been downgraded from 3.1 percent to 2.6 percent rent growth in the latest Yardi Matrix Special Bulletin.

Rent Growth in 2023 Likely On Low Side of Normal

The asking rent forecast for 2023 has been downgraded from 3.1 percent to 2.6 percent rent growth in the latest Yardi Matrix Special Bulletin. The report says rent growth continues to moderate and is “largely...
Multifamily outlook faces challenges in 2023, but indications are apartment demand will remain strong and the outlook generally is positive

Multifamily Outlook Generally Positive For 2023

Multifamily faces a number of challenges heading into 2023, but all indications are that apartment demand will remain strong and the outlook generally is positive, according to Yardi Matrix Winter 2023 Outlook. Multifamily rent growth...
Multifamily rent growth had its second best year this century in 2022, though it finished the year on the downside due to weakening demand

The Multifamily Book Is Closed On 2022–What’s In Store For 2023?

Multifamily asking rent growth recorded its second best year this century in 2022, though it finished the year on the downside due to weakening demand and robust supply growth that has occupancy rates sinking,...
Phoenix’s build-to-rent communities are filling the space between renting and owning, and it is growing by popular demand.

Why are Build-to-Rent Homes a Top Choice in Phoenix?

By Natalie Jones Phoenix’s build-to-rent communities are filling the space between renting and owning, and it is growing by popular demand. Commonly referred to as single-family rentals, they offer another option for renters who do not...
It is time to let landlords be a partner in the housing crisis process as renters and landlords want the same outcome, affordable housing.

Time To Let Landlords Be A Partner In New Approaches To Housing

It is time to let landlords be a partner in the housing crisis process because renters and landlords want the same outcome, affordable housing. By Renee Larsen and Josh Lloyd A recent poll commissioned by The...
The market cooldown remains widespread, with rents down in 90 of the nation’s 100 largest cities in December of 2022

Market Cooldown Continues With Rents Down In 90 Of 100 Top Cities

The market cooldown remains widespread, with rents down in 90 of the nation’s 100 largest cities in December of 2022, Apartment List says in their January report. National rents dropped 0.8 percent in December, the...
Non-seasonal decreases in average asking rents are coming, Yardi Matrix says in a special multifamily rent forecast for 2023.

Non-Seasonal Rent Decreases on the Horizon

Non-seasonal decreases in average asking rents are coming, Yardi Matrix says in a special multifamily rent forecast for 2023. Yardi Matrix says interest rates that continue to rise, “will, eventually, take their toll on the...