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.

Phoenix multifamily market blooming in the desert

Phoenix Multifamily Market Blooming In The Desert

The Phoenix multifamily market has turned into a blooming desert for investors and apartment owners as low business costs and great weather has turned into a magnet for companies relocating from nearby California, pushing healthy demographic...

Tempe Apartment Complex Sold For $60.5 Million

A 402-unit Tempe apartment complex has sold for $60.5 million, or $150,498 per unit, according to a release. Willow Creek, built in 1984, Willow Creek is about one mile from Loop 101/Apache Boulevard light rail...

Living In Cars Turning Into New Form Of Affordable Housing

Thousands of potential tenants are now living in cars instead of rental housing because rents have just become too expensive and there is no affordable housing for them in some metro locations. This lack of...

Company Rolls Out Smart Apartment Technology Package To 25,000 Units

Smart apartment home technology using thermostat and lighting control, digital home access and voice-enabled control is being rolled out nationwide to 25,000 luxury apartments, according to a release. Alliance Residential Company, Dwelo, Google and Nest...

Portland Plans Pilot Program To Expunge Criminal Records For Renters

Mayor Ted Wheeler is planning to have the City of Portland launch a pilot program designed to help potential renters expunge criminal records in an effort to give them access to better housing options,...

Multifamily Market Finishes First Half Of The Year With A Bang

The multifamily market had a healthy first half of the year, setting an all-time high, and easing fears that new apartments coming on line would slow growth, according to new report. Average rents rose $12...

Topless Woman Charged For Apartment Damage With Front End Loader

The topless woman who drove a stolen front end loader into a Montana apartment complex has been charged with four felonies and two misdemeanors after doing $1,600 in damage to the apartment complex, according...

44 Percent Of Workers Would Quit For Better Pay

New research from staffing firm OfficeTeam, a Robert Half company, says more than two in five professional office workers would quit, 44 percent, saying they'd leave their current job for one with better pay. Whatever...

Rent Upsurge Of 2.9 Percent Nationwide In June

Renters are paying an average of $40 more per month than a year ago as June rents brought a rents upsurge of 2.9 percent in national average rents, according to RENTCafe.com, based on Yardi...
Rental Pricing Rises Resources And Trends, By Size

Prices Rising Fastest For Two-Bedroom And Three-Bedroom Apartments

Prices are rising the fastest for two-bedroom and three-bedroom apartments, according to a new rent report, and tenants should expect to see higher prices this summer than last. Rent among two and three-bedroom homes is...