Saturday, September 18, 2021

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.

July Apartment Market Showed Improvement in All Metrics

July Apartment Market Showed Improvement in All Metrics

Renter migration due to the pandemic and job changes or losses, government stimulus, and a hot housing market have all contributed to great apartment market conditions, according to a release from the National Multifamily...
Investments Growing In Build-To-Rent Single-Family Homes

Investments Growing In Build-To-Rent Single-Family Homes

Many investment groups are getting into the growing single-family rental market with build-to-rent communities, a segment rejuvenated due to COVID-19, Yardi Matrix reports in a special bulletin. “Increasingly, the way institutions are growing their presence...
House Panel Asks Landlords to Explain Evictions During Moratorium

House Panel Asks Landlords to Explain Evictions During Moratorium

A House panel studying evictions during the COVID-19 moratorium has asked four large corporate landlords to explain and provide documentation on 5,000 evictions they filed, according to The Washington Post. Invitation Homes, Pretium Partners, Ventron...
Out-of-Town Movers Outbidding Local Phoenix Renters

Out-of-Town Movers Outbidding Local Phoenix Renters

So many out-of-town people are moving to and searching for apartments in Phoenix that they are putting pressure on rent prices for local Phoenix renters, according to a report from Apartment List. “This migration flow...
Average National Monthly Rent Tops $1,500 For 1st Time

Average National Monthly Rent Tops $1,500 For 1st Time

The average monthly national rent hit $1,513, topping the $1,500 mark for the first time in 150 metros that were reviewed, according to the National Apartment Association (NAA). In addition to the average national monthly...
Bill Kay New Managing Director of Ashcroft Capital Markets

Bill Kay New Managing Director of Ashcroft Capital Markets

Real estate industry veteran Bill Kay has been hired as the new managing director of capital markets for Ashcroft Capital, according to a release. The hiring of Kay will support Ashcroft's continued emergence in the rental-housing sector...
Portland among Top 4 Best Cities with Least Environmental Risk For Investors

Top 4 Best Cities with Least Environmental Risk For Investors

Four metro areas, including Portland, stand out as having the least overall environmental risk for investors in commercial real estate and multifamily, according to a new rating from Yardi Matrix. The company said they did...
Seattle Area Market Rebounds, Marches On

Seattle Area Market Rebounds, Marches On

Veteran property manager Cory Brewer weighs in on how the Seattle area market rebound is going and how the pendulum is swinging. By Cory Brewer Perhaps the most prevalent 2020 trend in housing was the “migration”...
New Resident Expectations Accelerate Rise in Smart Communities

New Resident Expectations Accelerate Rise in Smart Communities

Property managers may want to consider investing in the right technologies to create smart communities as nearly half of prospective renters say smart building products increase their interest in a potential apartment, according to...
Portland Rents Continue 5-Month Climb

Portland Rents Continue 5-Month Climb

Portland rents have increased 1.7 percent over the past month, and are now up 2.5 percent year-over-year, according to the June report from Apartment List. Now, median rents in Portland are $1,197 for a one-bedroom...