Sentences with phrase «as rental vacancy»

With the suburban - focused homebuilding industry in shambles, as the rental vacancy rate plunged, apartment construction boomed.

Not exact matches

The rental property management company Pillow uses marketplaces such as Airbnb and HomeAway to list its clients» properties and decrease vacancies.

Nearly half would like to see their community follow Vancouver and Toronto in limiting short - term rentals April 27, 2018 — As marquee cities around the world struggle with soaring real estate and rental prices and plummeting vacancy rates, policymakers have

Rental income on the property being vacated, reduced by the appropriate vacancy factor as determined by the jurisdictional FHA Homeownership Center (see http://www.hud.gov/offices/hsg/sfh/ref/sfh2-21u.cfm) may be considered in the underwriting analysis under the following circumstances:

A 2011 CHMC report stated that vacancy rates across Canada were falling and that rental rates were rising as a result.

It measures gross rental income as a percentage, accounting for potential vacancies, the cost of maintenance and non-collection of rent that landlords face from time - to - time.

This has resulted in higher rental rates, as vacancy rates drop which, in turn, impacts housing market demand.

The downside is you may have to pay a bit more, as often a higher monthly rent is the tradeoff in case you don't work out and the rental agent or landlord has to fill the vacancy sooner than expected.

«The rental market is tight as vacancy rates still hover in the mid-1 % range.

Kindly review our Maui vacation rental policies before submitting a reservation request, as there is a charge for cancellation within ninety days of scheduled arrival, which is refundable if we can re-book the vacancy.

If you have a rental property or seasonal home insured in one of American Modern's programs, the Vacancy Permission endorsement modifies the policy to accommodate a temporary vacancy, such as when you are between tenants or when the home is closed for the Vacancy Permission endorsement modifies the policy to accommodate a temporary vacancy, such as when you are between tenants or when the home is closed for the vacancy, such as when you are between tenants or when the home is closed for the season.

Alaska as a whole experiences a 5.62 percent rental vacancy rate, and in areas such as Anchorage it is even lower at just over 4 percent, making the state appealing for potential landlords to meet demand.

As new rental product comes online, slightly higher vacancy is expected to hold rent increases on the Westside at 5.3 percent, or on average $ 2,780 per month, and DTLA rents will rise 5.6 percent to $ 2,235 due to growing demand by Millennials and empty - nesters.

«With corporate decision - making picking up speed as business confidence grows, we are beginning to see decreasing vacancy and rising rental rates in many markets,» says Mark E. Rose, chair and CEO of Avison Young.

Known as Commercial Information Exchange Inc., the Atlanta model will be a marketing and research tool that will allow brokers to list and search available properties, as well as track market data such as vacancies and rental rates.

Vacancy rates are rising the most in the places were landlords are now motivated to buy and renovate homes to offer as rental houses.

· And according to Precarious: Temporary Agency Work in British Columbia, the rate of growth of short - term positions is significantly outstripping that of permanent ones: http://www.macleans.ca/economy/realestateeconomy/the-vacant-truth-about-rental-condos/ According to the Canada Mortgage and Housing Corp., the federal agency that insures lenders against mortgage losses while simultaneously serving as one of the main sources of real estate data in the country, the vacancy rate for condo rentals is just 1.3 per cent — about as close to zero as you can get.

Vacation rentals would look, on the surface, as being the better bet, but the purchase price of property that will be successful as a vacation rental is 3x to 4x as high — and with vacancy, you are not going to get 3x to 4x the rent.

«That has to do in some areas with a degree of uncertainty as to new supply and the impact that could have on future vacancy and rental rates,» says Tracy.

As such, lenders will factor in anticipated vacancies, rental income, expenses, and the mortgage payment when determining how large a loan can be approved.

These figures mask wide differences in markets, though, with distribution hubs such as Los Angeles, Las Vegas, and northern New Jersey maintaining low vacancies (6 percent to 8 percent) and solid rental growth (1 percent to 2 percent), while many older industrial areas are still struggling to fill space.

I am not as familiar with the rental market in Woodbridge and am wondering what the vacancy rate looks like for those who do landlord in Woodbridge.

The average rental vacancy rates in these counties were 7.4 percent compared to a national average of 8.7 percent as of the end of 2012.

Budgeting the expected rental income vs all expenses (interest, insurance, council rates, water rates, management fees, etc), including factoring in possible vacancies in the property and unexpected expenses such as repairs and maintenance.

Investors focused on rental properties should be attracted to low vacancy submarkets as they will limit the amount of time between tenants.

- Relatively high fixed operating costs, as percent of rental income; although, a significant portion of operating expenses is usually reimbursed by tenants, office investors bear the risk of having to pay a greater portion of a building's operating costs and property taxes when market vacancy goes up and the market softens.

Q3 2014 was particularly successful as retail vacancy declined, rental rates and absorption increased, and a handful of significant transactions took place, according to a report by Seattle - based brokerage firm Kidder Matthews.

Data is also available below for Phoenix rental vacancy rates, Phoenix rent as a percent of median income and the fraction of renters in Phoenix.

As credit requirements loosen, more people will want to buy, creating vacancies, said McCabe, adding that he expects another global recession in the next three years, which would depress rental rates.

As of the first quarter of 2012, the rental vacancy rate dropped to 8.8.

Rental Property Cash Flow Calculator This calculator from Invest Four More figures your real cash flow, taking into consideration factors such as vacancies, maintenance, mortgage payments, and rent.

Market fundamentals continue to improve, as demonstrated by a decline in overall vacancy, and rising rental rates have done little to deter retailers who are looking to expand and secure space in prime locations.

As a result, demand for rentals will remain intense, and we expect vacancy to decline to a scant 2.8 percent.

The rental vacancy rate held steady at 8.6 percent during the third quarter, tying last quarter's mark as the lowest reading on the rental vacancy rate since mid-2002.

So, maybe using the actual collected rent (to negate the higher vacancy) and keeping with 50 % (to account for higher management, though I've heard of this as high as 30 % for vacation rentals) expense ratio would get us into the right ballpark.

The result is a rental market that may be roughly in balance, as the vacancy rate creeps higher.

«With continued low vacancy rates and a steady demand for rental units in the East Village District, we see this project as a fantastic opportunity to add to the vibrancy of this neighborhood.»

An additional 12 markets mentioned in the report have recovered from the recession, but are just now heading toward expansion, and are classified as being in the «recovery» phase, characterized by tightening market conditions and a shift in the supply / demand balance leading to reduced vacancy rates, more balanced rental growth and a stabilization of overall cap rates.

For office, the report is positive, classifying 32 downtown areas as being in the «expansion» phase, which includes strong demand, tight market conditions leading to low vacancy rates, robust rental growth and decreasing overall cap rates.

«Vacancy rates ticked up to their highest point since 2014 in March — 4.08 percent — as the flood of high - end rentals hit the market.

Rental investors will particularly benefit as property appreciates, rents rise to record heights and vacancy rates fall.

With experience in marketing rental properties, PMI has the ability to effectively advertise property, network and fill vacancies as quickly as possible.

There are different definitions of the natural or normal vacancy rate but the substance of all is that it serves in as the equilibium vacancy rate in the rental property market, determining in this way the direction of property rent movements.

(ATTOM tracks vacancies with data from the Post Office, which can confirm whether the mail is being picked up at the houses that ATTOM as identified as being single - family rentals.)

«Not surprisingly, some of the highest vacancy rates are in markets with the highest potential rental returns such as Chicago, Detroit, Indianapolis, St, Louis and Baltimore,» says Blomquist.

Women always have dominated the single buyers» market and they may be suffering most from a combinations and economic and political forces that have trapped singles into rental units at a time when rents are rising rapidly as vacancy rates reach history lows or 4.5 percent or lower.

As more foreclosed home owners seek a new residence, the rental market continues to soar as vacancies shrink and rents rise, a new study findAs more foreclosed home owners seek a new residence, the rental market continues to soar as vacancies shrink and rents rise, a new study findas vacancies shrink and rents rise, a new study finds.

You'll experience shorter vacancy cycles, as you sit back and watch the rental property team work its magic.

Rental vacancy rates as of the second quarter of 2013 provided by the U.S. Census Bureau.