Urban Living Still Holds Strong Pull for Renters Study Says
Urban living still appeals to high income earners, and renters living in big cities are less likely to relocate to suburbs, according to a new study from StorageCafe.
Amid a year defined by significant disruptions,...
CDC Extends Temporary Halt in Residential Evictions to June 30
CDC Director Dr. Rochelle Walensky has signed an extension to the residential evictions moratorium further preventing the eviction of tenants who are unable to make rental payment and extending the moratorium through June 30,...
Signs of Rent Recovery Nationally Now On The Horizon
While national rent growth was negative in February, hard-hit markets have shifted closer to positive rent recovery and growth and February may be the last month of national declines, according to Yardi Matrix’s February...
Multifamily Absorption of Apartment Units Surprisingly Strong in 2020
Despite a pandemic that restricted many routine activities, some 252,000 apartment units, or 1.7 percent of total stock, were absorbed in the United States in 2020, according to a review of Yardi Matrix’s database.
“Fast-growing...
Portland Rent Growth Starting to Increase After Long Downward Slide
Portland rent growth is starting up again as rents have jumped 0.6 percent in February in the Oregon city, joining a growing trend of data representing the clearest indication yet that rent prices are...
Salt Lake City Rents Up Sharply In February
Salt Lake City rents have increased 1.0 percent over the past month according to the latest report from Apartment List.
Rents in the city have increased slightly by 0.7 percent year-over-year.
Currently, median rents in Salt...
5 Ways Manufactured-Housing Communities Can Reduce Wildfire Threats
Here are 5 ways manufactured-housing communities, especially in hard-hit California, can reduce wildfire threats.
By Matthew Davies
Following years of wildfire devastation that destroyed 8,100 dwellings, many California homeowners are facing a new threat: a lack...
A Decade of Multifamily: 7.7 Million Apartment Units Trade for $912 Billion
The price-per-unit for multifamily properties surged 156 percent over the past decade, reaching nearly $160,000 per apartment, surpassing both median home-sale prices and rental rates, according to the latest study from Commercial Search.
“Never have...
4 Categories of Apartment Rent Forecasts for 2021
Here are 4 categories of apartment rent forecasts for 2021 put together by John Burns Real Estate Consulting for 127 metro-area apartment markets in their latest newsletter.
“We maintain a bullish outlook for demand, with...
Many Tenants Paying Rent, but More Support Needed For Renters
While the national rent tracker shows 79.2 percent of apartment tenants paying all or some rent by February 6, which means more than 20 percent did not pay, more support is needed according to...