Secondary Market Rents Soar While Primary Markets Plummet
Secondary market rents are growing as rent growth is varying across markets as the divide between gateway and secondary metros continues to increase with the pandemic, according to the October report from Yardi Matrix.
“With...
How 2020 Can Positively Affect Your Assets And Rentals In 2021
David Pickron offers some thoughts on how the year 2020, like any challenging circumstance, should cause us to take the time to pause and reflect on what we learned and how that will serve...
Affordable Housing Demand Skyrockets in COVID’s Wake
Affordable housing demand is greater than ever and the pandemic exacerbated a problem that is already approaching crisis levels.
By Matthew Davies
President Harmony Communities
The affordable housing industry is in dire straits. Record-high costs for construction...
Renters Now a Majority in 23 Cities, Including Seattle
Renters became a majority in 23 cities over the past decade even as ownership increased, according to a new study by Rent Café.
“We looked at 10 years of U.S. Census housing data to determine...
Seattle Rents Decline Again As Downward Trend Continues
Seattle rents declined 4.2 percent over the past month, and are down sharply by 12.2 percent year-over-year, according to the latest report from Apartment List.
Currently, median rents in Seattle are $1,483 for a one-bedroom...
California Voters Reject Rent Control
California voters rejected rent control In Tuesday’s election by defeating a ballot measure called Proposition 21 that would have rolled back state limits on rent control.
Proposition 21, which failed, would have allowed local governments...
Portland Rents Continue Decline While Some Metro Rents Grow
Portland rents declined again last month for the seventh straight month, while rent continues to increase in some cities in the metro area, according to the latest report from Apartment List.
Portland rents were down...
Multifamily Investor CEO Says Phoenix Is Affordable, Tax-Attractive City
Western Wealth Capital recently acquired a 659-unit Tempe apartment complex, its 54th acquisition in the Phoenix market, and CEO Janet LePage discussed the current environment in a recent interview with Rental Housing Journal because...
The 20 Healthiest U.S. Rental Housing Markets
Rental housing market fundamentals have remained strong despite COVID-19, and a new study shows the 20 healthiest rental housing markets in the United States.
For the study, Mynd Management analyzed occupancy-rate growth nationwide over the...
Government Policies Create Conditions for Spread of Rent Regulation
Government policy response to the pandemic has also created the conditions for the spread of rent regulation such as rent freezes and rent cancellation in many places, the National Apartment Association (NAA) writes this...