Slowdown in Month-Over-Month Rent Increases Seen Across the U.S.
A slowdown in month-over-month rent increases is visible across the United States, with only eight out of the 260 cities in the Rent Café study showing month-over-month jumps of more than one percent.
July also...
Portland City Council Approves $60-Per-Rental-Unit Fee Over Landlords’ Objections
The Portland City Council passed by a vote of 3-1 a new city ordinance to assess an annual $60-per-rental unit fee to fund the rental-services office.
The council voted 3-1 to approve the fee with...
Seattle Rents Continue Upward For Seventh Straight Month
Seattle rents increased sharply over the past month, up 0.7 percent over the past month, the seventh straight month that the city has seen rent increases after a decline in December of last year,...
Still ‘Room to Run’ In This Multifamily Growth Cycle Despite Looming Concerns
The current multifamily growth cycle still has “room to run” as rent growth is on target to exceed 2.5 percent for the seventh straight year, 300,000 units of new supply are coming online, and...
Landlords Do Not Want Eviction: A New Online Tenant-Landlord Communication Tool To Help
Landlords are not the enemy and do not want eviction of tenants, so BYU Law and University of Arizona Law have created a new online tenant-landlord communication tool to help deal with the eviction...
Landlords Say Portland City Council Proposed $60 Per Unit Fee Is ‘Nothing But A...
Portland City Council members heard testimony from landlords opposed to the proposed $60 per unit fee saying it is nothing but a “tax on renters” and “one more thing being dumped on the backs...
Portland Rents Inch Up After Two Months Of Declines
Portland rents have increased 0.6% over the past month after two months of declines, but have been relatively flat at 0.3% in comparison to the same time last year, according to the July report...
Salt Lake City Rents Declined Over The Past Month
Salt Lake City rents have remained flat over the past month, however, they are up slightly by 1.8% year-over-year, according to the August report from Apartment List.
Currently, median rent stands at $875 for a...
How Has Approved Housing Construction Kept Pace with Job Growth In The West?
A new report shows that approved housing construction and development nationally remains 38 percent below its pre-recession peak, according to Apartment List. Stagnant single-family home construction and a select group of coastal markets are...
Rental Applicant Credit Risk Declines For Fifth Straight Year
The rental applicant credit risk has declined for the fifth straight year which “indicates a decline in tenant risk, which could suggest the rental market will see an uptick in profitable lease activity,” according...