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...
Evictions: They Are Not The Terrible Landlords Fault
Evictions are an awful side of the rental housing business that causes pain for both tenants who need a place to live and landlords who have to run a business.
A book that won a...
Building Affordable Apartments Means Skipping the Amenities
Skipping the amenities may be a key to building more affordable apartments, according to new consumer research that shows that the most-valued amenity is frequently “low rent.”
One way to provide more affordable rental options...
Greystar Breaks Ground on First Portland Development Project
One of the leaders in multifamily development has broken ground on its first-ever residential Portland development project of 182 apartments and 8,000 square feet of retail space, according to a release.
The project in Goose...
National Average Rent Reaches $1,465 in June
As the peak rental season got into full swing, the national average rent reached $1,465 in June – that’s an extra $37 added to the average rent since the beginning of the year and $45...
Multifamily Rents Stay Robust; Average Rent Rose $12 in June
Multifamily rents rose robustly in the second quarter, and the market’s consistent growth once again shows no signs of waning, according to the June report from Yardi Matrix.
“After a $12 jump in June, average...
Seattle Sees Six Straight Months Of Rent Increases
Seattle rents have increased 0.4% during June, and are up slightly by 1.6% in comparison to the same time last year, according to the most recent monthly report from Apartment List.
Currently, median rents in...