Sentences with phrase «above average rent»

The logistics sector boasts above average rent growth and near historical low vacancy rates.

However, if you buy in the hills or near the HS, you might be looking at above average rent.

Not exact matches

According to Ed Sollbach, a Desjardins Securities strategist, the buy - rent ratio for the four biggest Canadian cities is currently above 2 — meaning it costs twice as much to buy as to rent the average home — and 3.1 in Vancouver.

Riverside's above - average cost of living is largely driven by housing, but entrepreneurs looking to rent a small apartment won't pay much more than the national average.

Housing - related expenses including rents and mortgages are by far the most burdensome at 2.5 times the national average, according to the Cost of Living Index, but other expenses aren't too far above average.

That is far above the average asking rent for Midtown, which was $ 75.20 per square foot last month, compared with $ 74.59 per foot the prior month, Colliers figures showed.

If rising prices move these ratios above their long - run averages, then either incomes or rents are likely to rise, or house prices to fall.

Jacksonville, Florida has a combination of low prices and high rents that creates the cash flow opportunity which allows our clients to earn above - average returns.

If you compare home prices and rent prices in Jacksonville to the nation, the home price is 21 % less and rents are 4 % above the national average.

But in a city where the average monthly rent for a one - bedroom apartment in 2016 spiked above $ 3,600, these burritos face an existential challenge.

Mark - Viverito noted the average rent - stabilized household spends 36.4 % of its income on rent, above the 30 % that is considered affordable.

The average unrecognized school had about 8 teachers and 170 children, two - thirds in rented buildings of the type described above.

As is shown in the chart above, which outlines the average home insurance premiums for rented and owned property across Canada and in Alberta, insurance rates are typically lower for renters than they are homeowners» premiums.

Renting out a portion of your home has become more common in major cities like Vancouver, where the average house price is above $ 700,000 and many people can not afford a single detached home on their own.

Add in insurance and taxes to your payment about you are looking at about $ 1200 per month — so unless you can rent for a price above the national average, your rental property will not generate any free cash flow until the mortgage is paid off.

The commute is on the high side here, and the median rent is a little above the average median rent of $ 720.

They target above - average appreciation by focusing on the opportunistic acquisition of high vacancy portfolios, usually requiring modernization & renovation to enhance rents.

In Toronto the average rent for a downtown condo is about $ 1,700, while the average resale value of that same condo hovers just above $ 375,000.

The real estate and financial crisis has been going on since virtually the start of the project, and even in that context, Park 20 20 has been wildly successful — bringing in rents more than 80 percent above market average.

Assuming there will be above - average performing buildings available, property values of the most energy inefficient comparables will plummet, once the most efficient buildings are labeled; while those with the poorest air quality ratings will theoretically lose tenant interest, slowly driving down rent and perhaps property value.

As is shown in the chart above, which outlines the average home insurance premiums for rented and owned property across Canada and in Alberta, insurance rates are typically lower for renters than they are homeowners» premiums.

Overall rents are expected to change little this year and to drop 1.4 percent in 2019 and 3.5 percent the next year, with vacancies climbing above the U.S. metro average of about 10 percent.

It looks in above average condition but I would like to clean it before renting it out.

However when you have both places go vacant at once in November and can't rent them until February while paying to heat them and above average turnover costs that exceed your deposit, you will be happy you can make a smaller payment for a little while.

While this represents a slight slowdown from the prior quarter's growth rate of 0.8 percent for both asking and effective rents, it is well above the quarterly average of about 0.4 percent since rents began rising consistently in the fourth quarter of 2010.

Best markets for renting to Millennials Among the 516 counties analyzed there were 50 where the millennial share of the population was above the national average of 22 percent, where the millennial population increased at least 5 percent between 2007 and 2013, and where potential annual rental returns on residential properties were 9 percent or higher.

Best markets for renting to Baby Boomers There were 40 markets among those analyzed where the Baby Boomer share of the population was above the national average of 25 percent, where the Baby Boomer population increased at least 5 percent between 2007 and 2013, and where potential annual rental returns on residential properties were 9 percent or higher.

Best markets for renting to Gen Xers There were 20 counties among those analyzed where the Generation X share of the population was above the national average of 16 percent, where the Generation X population increased at least 5 percent between 2007 and 2013, and where potential annual rental returns on residential properties were 9 percent or higher.

As you would in # 1 above, simply average out the rates for similar properties and you'll have your fair market rent.

During the third quarter of 2016, the average rate of seniors housing's annual asking rent growth was 3.8 %, which was 0.6 percentage point above the prior quarter's pace and 1.3 percentage points above its pace one year earlier during the third quarter of 2015.

Affordability: The City of Jacksonville offers a reasonable rent to median home price ratio, with house prices at approximate 20 % less and rents at at 4 % above the national average.

During Colony's 2Q15 earnings call, Saltzman reported that Colony's light industrial platform was 90 percent leased with net effective rents on new leases and renewals averaging more than 10 percent above underwriting.

But looking beyond Los Angeles and San Diego where rents are way above the means of the average joe, you have better chances of finding the best real estate deals in the north.

Class B properties, comprising rents in the 21 - 79 percentile of the market, are in above - average to good condition and are well - maintained, but are somewhat older.

Virginia home prices are above average and rents are, too.

On the other hand, in Midtown South, leasing activity was 9.0 percent above its five - year quarterly average and rents were up 3 percent year over year.

The metro's construction boom has yet to impact rent growth, which stayed well above the national average.

Property values are above average here, but rent prices are extremely high due to the shortage of rental properties available — 94 % of Greenwood homes are occupied by their owners.

If investors can keep their properties rented they will likely be able to expect above average returns.

If your rental property is situated in a good, above - average location with the right environment, given how the Real Estate market is going these days, it can appreciate over the years which will end up increasing the property value of your house and even allowing you to raise your rent as well overtime.

Apartments are expected to show consistent rental rate growth above the 20 - year average of 2.7 percent, while rents are expected to rise by 4.6 percent in 2015, and then moderate to 3.5 percent in 2016 and 3.0 percent in 2017.

A relatively limited amount of new multifamily construction in Northeast Florida has kept the occupancy rate above its historical average, presenting opportunity for increased rent growth.

Remember, the average Manhattan apartment rent is currently a hair above $ 4,000.

And still, this doesn't mean that things are affordable by any means — the average and median rents are still well above $ 2,500 in all three boroughs.