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.

Avesta Apartment Company Wins Best Place To Work Award

A rapidly growing apartment investment and management company has been named one of the best places to work by Fortune Magazine.Avesta, a Texas and Florida firm that engages in the acquisition, redevelopment, ownership, and...

Flagstaff Apartment Sale Continues Multifamily Housing Boom

Flagstaff Apartment Sale Shows Why The College Town Could Be Arizona’s Next Big Apartment MarketEarlier this month, a luxury 252-unit apartment complex in Flagstaff sold for $43.6 million continuing the boom in multifamily housing activity...

Millennials Driving The Housing Market Report Says

Half of today's U.S. home buyers are under 36 and reflect an increasingly racially diverse middle class, according to the first annual Zillow Group Report on Consumer Housing Trends.As the U.S. housing market nears...

Lake Oswego Apartments Sold For $78 Million

Apartments Last Sold In 2014 For $63 MillionSecurity Properties and Pacific Life Insurance Company have purchased One Jefferson, a 347-unit, Class A multifamily property located in Lake Oswego, OR, for $78 million, according to a release.The apartments...

Legacy of Foreclosures From The Housing Crisis Is Finally Dead

A Return To Normal Levels Of ForeclosuresShare of  Auctions Sold to Real Estate Investors Back Above Pre-Recession LevelsBy John TriplettRental Housing JournalForeclosures have been steadily dropping and have finally reached a level that existed before...

Growth Of Rent Rates Uneven In Apartment Markets

Rent Rates Are Only Slowing, Not DecliningA number of markets across the country are facing rising apartment-vacancy rates as new development has exceeded net space absorption, according to new research from Reis.Victor Calonag, chief...

West Coast Metros Will See Biggest Increase In Rents In The Next Year

Rents in the West's tech job centers are predicted to be among some of the fastest growing across the nation over the next year, according to a new forecast.Rents in Seattle and Portland are expected to rise the most...

Company Threatens To Evict Tenants And Bulldoze 300 Rental Homes

In A Fight With The City, Property Management Company Threatens To Evict Tenants And Remove Rental HomesA property management company is threatening to evict tenants later this month and then bulldoze more than 300 rental...

Multifamily Rent Growth Decline Continues

Fundamentals Remain Strong For Rental HousingAverage apartment rents dropped slightly for the first time since November of last year dropping to $1,219 compared to $1,220 in August, according to Yardi Matrix monthly survey of...

Price increases and slower wage growth hurt housing affordability

A newly released affordability report shows 24 percent of the county housing markets in the U.S. are now less affordable than their historic norms due to price increases and slower wage growth based on...