Rent Growth Continues To Cool Across Many Markets
Rent growth is continuing to cool rapidly across many markets, according to the November report from Apartment List.
“While our national index was essentially flat, 53 of the nation’s 100 largest cities saw rents fall...
Higher-Income Millennials Renting Instead Of Buying Homes
Higher-income millennials are renting homes instead of buying as they are being priced out of the overly competitive real estate market as prices continue upward.
Thus, the higher-income millennials lead the ranks of “lifestyle renters,”...
Portland Rents Up, Seattle Sees Slight Decline In October
Portland rents increased only slightly by 0.2 percent last month while Seattle saw a slight decline of 0.2 percent, according to the November report from Apartment List.
However for the year Portland rents are up...
Developers Pausing, Pulling St. Paul Projects After Rent Control Vote
The recent rent control vote in St. Paul, Minn. that capped annual rent increases at 3 percent has caused developers to pull permits, pause projects, or reconsider sites for future housing, according to reports.
The...
Salt Lake City Rents Increase Sharply Over The Past Month
Salt Lake City rents increased 1.5 percent over the past month, and have increased sharply by 18.0 percent in comparison to the same time last year, according to the most recent report from Apartment...
Demand Keeps Pushing Up Rental Rates For Another Month
With no sign of slowing, multifamily rents continued upward in October, reaching new highs as the surge in demand continues to push up rental rates, according to the Yardi Matrix Multifamily Report.
Since March, the...
Property Management Jobs In High Demand In Third Quarter
Property management jobs were in high demand in the third quarter, according to the latest jobs report from the National Apartment Association (NAA).
Nearly 38 percent of available real estate jobs in the U.S. were...
Stringent Rent Control Measure Passes in Minnesota
A stringent 3 percent rent control measure has passed in St. Paul, Minn., and Minneapolis voters also approved rent control in concept, according to reports.
Voters approved St. Paul's measure that will cap rent hikes...
Rent Growth Continues to Slow Down After Record Year
National rent growth continued to slow down in October as the national index increased by 0.8 percent from September to October, the lowest month-over-month growth rate since February, according to the November Apartment List...
Small Amount of Rental Relief Money Getting to Landlords, Tenants
Less than 25 percent of the rental relief money approved by Congress has moved through the states’ distribution processes to residents and property owners in need, the U.S. Department of Treasury reported.
State, local and...