Portland, Seattle Rent Growth Up As Growth Cools In July Nationally
Portland and Seattle beat the national average as nationally rents grew at 1.1 percent in July showing the continued slower rent growth that has been expected, Apartment List says in their August report.
“Over the...
Analysis: Renters Increasingly Unhappy With Sky-High Rents
Renters are increasingly unhappy with sky-high rents according to a new survey and analysis of renters’ reviews, ratings and conversations on social media sites.
The survey shows that sky-high rents have created unhappy renters and...
Multifamily Outlook Still Hopeful With Volatile Economy
The multifamily outlook is still hopeful as rent increases are starting to slow as rent growth is getting moderated by soaring inflation, Yardi Matrix says in a summer report.
So the outlook is still hopeful...
Average Rents Rise To All-Time High In June
Multifamily performance continued strong as U.S. asking rents rose $19 for the month of June to an all-time high of $1,706, according to the Yardi Matrix June Multifamily Report.
“Robust household formation is driving demand,...
Can You Ever Have Too Much Fair Housing Training?
Can you ever have too much fair housing training as state and local laws are constantly changing and you need to know the rules based on where your rental property is located.
By The Fair...
Rents Continue Climbing Faster Than Pre-Pandemic Years
Apartment List says their national index rose by 1.3 percent over the course of June, “consistent with last month’s increase” but so far in 2022 “rents are growing more slowly than they did in...
Denver Multifamily Rental Market Continues Flying High
The Denver multifamily rental market shows rent growth picking up again, a job market that leads the nation and transaction activity that remains hot, according to the June Denver Yardi Matrix multifamily report.
“One of...
Phoenix Maintains Strong Multifamily Fundamentals
Phoenix is showing strong multifamily fundamentals as investment activity remains elevated, year-over-year rent growth outpaces the U.S. rate, and the unemployment rate exceeds pre-pandemic levels, according to the June report from Yardi Matrix.
Phoenix had...
Rate Of Rent Growth Slows At Midyear But Multifamily Still Poised For Strong Year
The rate of rent growth in multifamily has slowed slightly as year-over-year asking rents decelerated, from 16 percent in April to 14 percent in May, Yardi Matrix says in a special report called “Multifamily...
Portland City Council Settles With Landlords, Amends FAIR Ordinance
The Portland City Council has voted to amend the Fair Access In Renting Ordinance (FAIR) regarding some elements of applicant screening and security deposits, according to reports.
The council decided to roll back some of...