Sentences with phrase «apartment rents rising»

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Home prices there rose by about 4.4 % over the past three years, while rents on two - bedroom apartments jumped 3.4 % over the same time period.
A recent report says apartment rents in the Colorado Springs area rose again in the first quarter of this year.
With 20,000 new condo apartments coming in each of the next two years and mortgage rates rising, be very careful about grabbing a pre-sale unit — especially to rent.
He says the city is trying to keep up with the drop in housing inventory and rise in rents by approving new apartment complexes and working with developers to put in water and sewer pipes.
The occupancy rate for apartments in metro Denver held steady at 94.3 percent, RealPage found, and rents rose 3.2 percent in 2017.
In our new Apartment List analysis, we concluded that Amazon will increase rents in any metro it chooses for its HQ2, but certain metros are more sensitive to its impacts than others, with rents expected to rise an additional 0.3 percent to 2 percent a year in cities across the country.
With rents already on the rise in most cities nationwide, Apartment List studied the top Amazon HQ2 contenders to project the impact that the new headquarters would have on local rents.
The S&P CoreLogic Case - Shiller National Home Price Index rose 6.2 % in January from the same month a year earlier, while the average apartment rent increased a more manageable 3.9 % in the first quarter from a year earlier, according to real - estate research firm Reis Inc. -LRB-...)
Apartment rents have also seen a healthy increase at 24.57 per cent over the first quarter of 2013 and 8.29 per cent rise over the fourth quarter of 2013.
Palm Beach County's average apartment rent as of August rose 9 percent year over year to $ 1,495, according to Reinhold P. Wolff Economic Research in Oakland Park.
For a REIT owning apartments, that can mean higher rents or rising values of the underlying real estate the company owns.
Even though only about 13 percent of rent - stabilized apartments turn over each year, a report released on Tuesday by the antipoverty group Community Service Society of New York argued that the vacancy allowance, which has been in place since 1969, is so high that it contributes more to the overall rise in stabilized rents than the annual increases.
Mr. Kavanagh, a Democrat who represents the East Side of Manhattan, said the vacancy allowance had risen to the top of tenants» demands because it also helped landlords surpass the $ 2,700 threshold that allowed them to take an apartment out of rent stabilization.
The rise of popular home - sharing site Airbnb is eating into New York's apartment supply, contributing to surging rents across the city, according to a study released by City Comptroller Scott...
Litwin owns a rental building, The Fairmont — the same high - rise where Lippman and his wife rented a one - bedroom apartment between 2007 and 2010, The Post found.
Many tenants in New York City's roughly one million rent - regulated apartments will see their rents rise for the first time in three years after a city panel voted last night to allow landlords to increase rents on one - year and two - year leases.
Rents for New York's stabilized apartments are set to rise for the first time in three years after the Rent Guidelines Board approved a...
Rents for New York's stabilized apartments are set to rise for the first time in three years after the Rent Guidelines Board approved a 1.25 percent hike for one - year leases and a 2 percent hike for two - year leases.
Rising rents also make it difficult for tenants with regulated apartments to even consider moving.
Landlords of rent - stabilized apartments will see their property tax payments rise significantly in the coming year, while rental income will stay put.
An increase in the rent threshold at which apartments become market - rate, indexed to rise each year, is a step forward, but it only slows the bleeding — and is well short of de Blasio's target, ending vacancy decontrol completely.
It's led to a gradual decline in housing subject to the rent laws, as the price of apartments in New York has steadily risen.
The state's expiring rent regulations could get the same treatment — though the new Assembly speaker, Carl Heastie, says he's going to make a stand for tenant - friendly changes like the repeal of «vacancy decontrol,» which allows landlords to charge market - rate rents after an apartment's price rises above $ 2,500 per month.
Sources said three - way talks were tipping closer to the Senate's plan for rent regulations — which would renew them for eight years but keep in place provisions of vacancy decontrol, a scourge of tenant advocates that takes apartments out of the program when their monthly rent rises above $ 2,500.
And merely rolling over the existing rules, a de Blasio aide says, would be «disastrous,» because about 8,000 affordable apartments are lost each year when their rents rise above the stabilization threshold.
A bouquet of roses or tulips in the middle of the week, a box of chocolates, playing romantic music in the background while you eat dinner at your apartment, and renting a romantic movie instead of the latest action blockbuster.
While there are certainly high rise luxury apartments to be had in plentiful supply, Jersey City is also graced with smaller and medium size management companies that own single family residences and rent them either whole or broken up into apartments.
The glowing words and photos are accompanied with a pretty good looking chart too, showing the declining vacancy and rising rents in those two markets as well: Continue reading What's not to like about the Seattle and Portland Apartment Building Investment Markets?
Filed under Landlording, Rental Property, buying rental properties, buying rental property, investing in apartments, investing in multi-family, investing in rentals, real esate investors, real estate investments, rental real estate, rising rents.
We rent an apartment in a high rise building in North York.
Rising costs of ownership for apartments means rents will increase, and that's bad for everyone.
Cats and other animals have been hoarded in trailer homes, cramped one bedroom rented apartments, high - rise blocks, sprawling ranch houses and on millionaires row.
Instead of hotel high rises or apartment - type accommodations, a series of independent homes spread across land parcels are available for rent.
Whether you are renting out your summer cabin, or you have several Bismarck high rise apartment complexes, being a landlord is a tough job.
Due to the fact that landlords come in all types, from the couple who rents out their basement to the real estate mogul who owns an apartment high rise in Richmond, VA, it is nearly impossible to calculate average quotes for landlord insurance.
Rising raw materials prices create «a barrier of entry» to building rental properties, a phenomenon that will eventually lead to rising rents for offices and apartments, Zell said in the interview at the Milken Institute Global Conference in Beverly Hills, CRising raw materials prices create «a barrier of entry» to building rental properties, a phenomenon that will eventually lead to rising rents for offices and apartments, Zell said in the interview at the Milken Institute Global Conference in Beverly Hills, Crising rents for offices and apartments, Zell said in the interview at the Milken Institute Global Conference in Beverly Hills, Calif..
Across the country, apartment rents fell 8.9 percent to $ 1,184 for one - bedroom units, while rents rose 1.1 percent to $ 1,414 for a two - bedroom, according to the report.»
As a result, apartment vacancy rates are declining and rents are rising at faster rates.»
Apartment rents, on average, rose by $ 4 in March to $ 1,371, according to data recently released in a report by Yardi ® Matrix.
Apartment rents, on average, rose by $ 1 in February to $ 1,364, according to data compiled from 121 markets recently released in a report by Yardi ® Matrix.
MPF's forecast for 2015 called for occupancy at the end of the first quarter the percentage of vacant apartments to rise by about 40 basis points, and for rents to keep growing, but less quickly than last years, at an average rate of about 3.6 percent to 3.9 percent a year.
The rising rents are a good sign that the apartment markets will be able to absorb the hundreds of thousands of new apartments that developers plan to open this year.
For Manhattan apartments, the median rent rose 0.3 percent from a year earlier to $ 3,400 a month, Miller Samuel and Douglas Elliman said.
But the report says that despite the increase in vacancy rates, rents rose in 2004, with the highest increases for two bedroom apartments at 2.3 per cent.
Average apartment rents are projected to rise 3.7 percent this year and 3.6 percent in 2016.
Average apartment rents are forecast to rise 4.0 percent this year and 4.3 percent in 2014.
Apartment rents are more than 20 percent higher since 2007, while rents in the office, retail and industrial sectors have barely risen at all over the same period.
For example, banks in the Northeast are lending to apartment projects, as rising rents and steady demand for housing in the region make the segment attractive.
These are the types of households that are being squeezed by rising rents today, as the majority of new multifamily supply coming on the market consists of class - A apartment buildings.
CMBS lenders now offer higher and higher levels of leverage to make deals — especially as prices for apartment properties rise compared to rents...
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