U.S. Government Reports National Housing Vacancy Rates for Q3, 2024 The U.S. government is reporting that the national vacancy rates for Q3, 2024 were 6.9% for rental housing and 1% for homeowner housing. The national homeownership rate for Q3 2024 was 65.6%. In addition, approximately 89.9% of the housing units in the United States in […]
CoreLogic Reports Stable Growth in U.S. Single-Family Rental Prices According to the latest CoreLogic Single-Family Rent Index (SFRI), U.S. single-family home rental prices continue to hold steady in June 2024, with prices posting a 2.9% gain year-over-year. In addition they report that rental prices for low-end properties were up 1.9% compared to high-end properties where
CoreLogic reports that single-family rental prices remain stable. Read More »
Latest Yardi Matrix Multifamily Report According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rent was $1,753 (up $4) in July, 2024. Year-over-year growth was unchanged at 0.8%. Yardi says multifamily growth is weak, but there is some strength. Indeed… “Multifamily rent growth is weak nationally compared to long-term levels, but the
Yardi Matrix reports that the growth of multifamily rents is currently sluggish. Read More »
We have shared this information for several years now, and it remains relevant: According to a recent Gallup report, real estate continues to be the preferred long-term investment choice for Americans for the 12th consecutive year. The breakdown shows that 36% prefer real estate, 22% prefer the stock market, 18% prefer gold, 13% prefer CDs/bank
How Established Timelines Protect Your Investment By David Pickron Maybe nowhere does the saying “time is money” apply greater than it does in our industry. For each of us, we are well aware of the expense of having a property sit empty for a month or more, painfully knowing the impact it has on our
How Established Timelines Protect Your Investment Read More »
The latest Yardi Matrix Multifamily Report reveals that the average U.S. multifamily rent in April 2024 was $1,725. Yardi notes that multifamily rents have increased for the second consecutive month, attributing this trend to robust demand in the market. According to Yardi, although rent growth is moderate, there are several positive indicators in the data.
Yardi Reports that Consistent Absorption is Driving Up Multifamily Rental Rates Read More »
Zumper has compiled a list of the best cities for singles based on factors such as median rent, percentage of single population, cost of living, median income, unemployment rate, and access to dining and entertainment. They have identified the top 10 states for singles, including Atlanta, GA; St. Louis, MO; Minneapolis, MN; Boston, MA; Madison,
The most recent CoreLogic Single-Family Rent Index (SFRI) reports that U.S. single-family home rental prices increased by 2.8% year over year in December 2023, consistent with the previous four months. Despite rent gains slowing down in the second half of 2023, costs have still risen by almost 30% since early 2020. According to Molly Boesel,
CoreLogic reports that annual rent growth continues to be slow but steady. Read More »
As winter arrives, particularly in the northern regions of the country, today’s visuals from Weather.gov serve as a valuable reminder on how to handle snowy conditions. It is essential to share these graphics and prioritize safety. Have a wonderful and safe Friday! Additionally, credit goes to Weather.gov for providing this information. Visit their website for
Apartment List recently released their latest National Rent Report for November 2023, providing key insights into the current state of the rental market. This report offers valuable information for those interested in real estate investing. The National Rent Report from Apartment List, a trusted source in the industry, is a reliable resource for real estate
Apartment List recently released their latest National Rent Report Read More »