A 'perfect storm' fuels big jump in apartment rents. Here's where they are rising the most.
A 'perfect storm' fuels big jump in apartment rents. Here's where they are rising the most.
Average apartment rents are on the rise around the nation, but some experts believe a dose of relief is on the horizon.
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Average apartment rents are on the rise around the nation, but some experts believe a dose of relief is on the horizon.
Average apartment rents are on the rise around the nation, but some experts believe a dose of relief is on the horizon.
Climate havens are cities that are likely to avoid the worst effects of climate disasters and have the infrastructure to support a larger population.
Climate havens are cities that are likely to avoid the worst effects of climate disasters and have the infrastructure to support a larger population.
The cost of nearly everything is on the rise, and rents are no exception. Here's how average rents are trending locally.
The cost of nearly everything is on the rise, and rents are no exception. Here's how average rents are trending locally.
20 years ago this week, the movie “The Perfect Storm” was released into theaters. A gripping tale of a fight against unknown forces created by the confluence of a hurricane and two powerful stormfronts. In the movie, the crew of the Andrea Gail had a choice to sail through the storm to save their catch … Continued
The post A perfect storm for multifamily appeared first on MRI Software.
20 years ago this week, the movie “The Perfect Storm” was released into theaters. A gripping tale of a fight against unknown forces created by the confluence of a hurricane and two powerful stormfronts. In the movie, the crew of the Andrea Gail had a choice to sail through the storm to save their catch … Continued
The post A perfect storm for multifamily appeared first on MRI Software.
Over the past three years, sales of homes costing at least $1 million more than doubled, but buyers in that price range – with exceptions in a couple of major cities – are getting less square footage for their investment. Here's how Nashville shakes out.
Over the past three years, sales of homes costing at least $1 million more than doubled, but buyers in that price range – with exceptions in a couple of major cities – are getting less square footage for their investment. Here's how Nashville shakes out.
Undoubtedly, the COVID-19 pandemic has caused a dramatic shift in demand for industrial space as….
Undoubtedly, the COVID-19 pandemic has caused a dramatic shift in demand for industrial space as….
Over the past three years, sales of homes costing at least $1 million more than doubled, but buyers in that price range – with exceptions in a couple of major cities – are getting less square footage for their investment. Here's how St. Louis shakes out.
Over the past three years, sales of homes costing at least $1 million more than doubled, but buyers in that price range – with exceptions in a couple of major cities – are getting less square footage for their investment. Here's how St. Louis shakes out.
Rent growth for apartments looks to have peaked after a tremendous run in 2021, and that could boost some of the real estate stocks that were the early darlings of the pandemic. Nationally rents rose just 0.8% between June and July, one third the growth seen across the same period a year ago, according to RealPage. On an annual basis, rents in July were up 12.2%, compared with 13.8% year-over-year growth in June. The cooling comes amid a downturn in affordability. Rent growth has outpaced income...
Rent growth for apartments looks to have peaked after a tremendous run in 2021, and that could boost some of the real estate stocks that were the early darlings of the pandemic. Nationally rents rose just 0.8% between June and July, one third the growth seen across the same period a year ago, according to RealPage. On an annual basis, rents in July were up 12.2%, compared with 13.8% year-over-year growth in June. The cooling comes amid a downturn in affordability. Rent growth has outpaced income...
The Windy City has always been a hotbed for real estate activity, but, as with most areas of the US in recent years, the market has reached a fever pitch. Multifamily and single-family homes have been selling at record prices and bidding wars were becoming commonplace. However, a perfect storm of economic and supply factors is coming together to create an environment in which the real estate market could soon cool off. FastExpert wanted to get a grasp on the Chicago housing market, so we reached...
The Windy City has always been a hotbed for real estate activity, but, as with most areas of the US in recent years, the market has reached a fever pitch. Multifamily and single-family homes have been selling at record prices and bidding wars were becoming commonplace. However, a perfect storm of economic and supply factors is coming together to create an environment in which the real estate market could soon cool off. FastExpert wanted to get a grasp on the Chicago housing market, so we reached...
Homebuyers are facing increasing competition for properties from large, deep-pocketed investment firms. Many are losing bidding wars to corporations offering all cash to turn more affordably priced houses into rentals, or to flip them for resale. Institutional investors made up about 13% of home sales in 2021, according to a recent report from the National Association of Realtors®. That was an increase from 2020, when institutional investors made up about 11.8% of home sales. However, it is sti...
Homebuyers are facing increasing competition for properties from large, deep-pocketed investment firms. Many are losing bidding wars to corporations offering all cash to turn more affordably priced houses into rentals, or to flip them for resale. Institutional investors made up about 13% of home sales in 2021, according to a recent report from the National Association of Realtors®. That was an increase from 2020, when institutional investors made up about 11.8% of home sales. However, it is sti...