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...
Utah’s Economy Recovering Faster Than the Nation’s
Every September the Utah Apartment Association brings together economic experts to present how the rental housing market and Utah economy are doing.
The following are info and charts “we think you will find interesting,” says...
Affordable multifamily markets in high demand
Since the beginning of the pandemic, rents have only fluctuated by a few dollars each month – contrary to what many in the multifamily markets initially feared, according to Yardi Matrix.
“However, there are significant...
CDC Issues Guidance on FAQs About its Eviction Moratorium
Some guidance on frequently asked questions about the CDC eviction moratorium has been provided by the CDC, and the National Apartment Association (NAA) has provided a look at these questions and answers, according to...
Hottest Cities for Millennial Renters
Most millennials are renters, and have been shifting away from the two-kid, white-picket-fence American dream. This means they’re also less likely to get tied down to a specific city. So where are the hottest...