Rents Surge Again in September, but Less Than Previous Months
Multifamily asking rents surged again in September as rents rose $16 to an all-time high of $1,558 and are up a record 11.4 percent year-over-year, according to the latest Yardi Matrix national multifamily report.
The...
Multifamily Construction Permits Grow by 15 Percent
Multifamily construction permits surged 15 percent in August, the highest monthly total since June of 2015, Marcus & Millichap reported.
The multifamily construction permits increase is directly tied to the tight vacancy situation in multifamily...
7 Things To Do The Day You Take Over An Apartment Building
Investing in multifamily real estate can be very rewarding, but what happens after you actually close on the purchase and on the first day you take over an apartment building as a new owner, landlord...
Rents Continue Rising But At Slightly Slower Pace
Nationwide rents continued rising from August to September but at a slightly slower pace – as 2.1 percent – than in previous months, according to the latest report from Apartment List.
“Although month-over-month growth has...
Portland, Seattle Among Top Cities for Apartment Jobs
Portland and Seattle are among the top cities for apartment jobs in the latest jobs report from the National Apartment Association (NAA).
In August’s edition of the NAA Education Institute’s Apartment Jobs Snapshot, nearly 13,000...
Suburbs Where Renters Became the Majority Over Owners
Renters are now “the majority in 103 suburbs that were previously homeowner territory 10 years ago, and 57 other suburbs are expected to follow suit in the next five years,” according to research from...
Self-Guided Tours Evolving For Single-Family Rentals
Self-guided tours for single-family rentals have been evolving and providing landlords with good productivity and satisfied residents.
By Mickey Cummings
With all the buzz surrounding self-guided tours in the apartment sector since the start of the...
Consumer Agency Cautions As Pandemic Relief Ends For Renters
As pandemic relief ends for renters, a new Consumer Financial Protection Bureau (CFPB) report is cautioning that renters and their families will face higher risks.
The report, a follow-up to 2020’s Making Ends Meet survey,...
Survey Of Landlords Shows Rent Collection Down Significantly
A survey of landlords in 10 cities across the United States shows rent collection was down significantly in 2020, and an increasing number of owners have a large share of their portfolio behind on...
Multifamily Rent Growth Breaks Records Across Country In August
Multifamily asking rents increased an astounding 10.3 percent in August on a year-over-year basis and overall rents increased by $25, to $1,539 a month, according to the Yardi Matrix National Multifamily Report.
The 10.3 percent...