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After a two-year run of national, broad-based rent growth driven by economic headway and employment gains, analysts and industry observers point to weak wage and income trends as they question whether rent-growth momentum will sustain itself through 2012 and into next year.
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Apartment resident renewal intent continued its downward slide during Q4 2011 as the year ended with only 59.5 percent of renters indicating they "definitely" or "probably" would renew their lease.
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Jan. 19--Chattanooga ranked with big metro areas such as San Francisco, San Jose and New York in apartment rent increases in 2011, pointing to signs of a rising local economy, officials said.
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Economic pressures have apartment developers reconsidering appropriate product types and locations.
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Absent sudden surges in market valuation, home ownership typically generates zero real returns as an equity investment.
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Home Ownership Showing Gains
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Robust employment improvements and family-creation could cycle the Gen-Y demographic out of rental housing sooner than experts predict.
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Apartment Occupancies Set to Hit Historical Highs
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New multifamily industry data show that consumers are rethinking the prospect of owning a home in favor of renting.
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The returns are starting to come in from 2011, and it looks like apartment owners were the winners. Earlier today, New York–based Reis reported that vacancy fell to 5.2 percent. That’s the lowest number since late 2001. New Haven, Conn., with a vacancy rate of 2.1 percent, and New York City, with...
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Consumers are increasingly looking for sustainability features in their apartments, even if they aren't quite ready to pay for it yet.
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In their recent third-quarter earnings calls, apartment REIT CEOs noted that as occupancies tighten and rents move up, something else encouraging is happening—the quality of residents is also improving.
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As the entire apartment market continued to tighten in the third quarter, rental data said one group of apartments is coming on strong. And it wasn’t necessarily the Class A sector that one would expect.
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Debit card transaction fee changes could further hasten apartment resident migration to electronic/mobile rent payments.
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Despite the economic turbulence, the apartment market kept growing in August and September, according to information released from the major industry data providers, but things did slow from the frenzied increases of earlier this year.
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Multifamily Executive Senior Editor Chris Wood rounds up interesting and intriguing news tidbits. This week: the Perez Hilton security deposit issue starring Dita Von Teese, Will Ferrell, and Faye Dunaway.
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Having successfully transformed itself from a mill town to a stable employment center, Pittsburgh remains a consistently steady market for apartment owners.
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The world has gotten a lot better for property managers over the past couple of years. Instead and slashing and burning to get residents to stay, they’re now bumping up rents as much as they can.
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Apartment Operators Ready to Push Rents Hard and Fast as significant supply demand balances exist in the market and histicorical highs have yet to be breached.
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ROIs on condominimum projects will begin to look increasingly attractive as the cost difference between renting and owning grows.