Sentences with phrase «average vacancy»

Check with local property management companies to determine the average vacancy rate in the area where you are looking to buy.

Scott Holmes, senior vice president & national director of the National Retail Group at Marcus & Millichap shows that «the national average vacancy rate now stands at its lowest level since the 1990s.

NEW YORK (Reuters)- The average vacancy rate for a U.S. strip mall was unchanged in the third quarter, as the sector still wrestled with the oversupply that closely followed last decade's housing boom, according to a report real estate research firm Reis Inc released on Wednesday.

In general, an above - average vacancy rate favors renters because it means there's more supply on the rental market from which to choose.

Apartments — Vacancy rates are expected to increase slightly to 4.8 percent in 2016 and 5.0 percent in 2017; however, these forecasts remain below the 20 - year average vacancy rate.

Another expected result was the fact that malls also suffered thanks to store closures, as the average vacancy rate at those properties increased by 0.2 % to 8.1 %.

You should have a pretty good gauge on the average vacancy rate in your area, but the general rule of thumb is to assume that a property will sit empty for one month out of the year.

Determine what the average vacancy rate is, how long tenants typically stay in a property, and whether the long - term outlook for your neighborhood is conducive to renting or buying.

Our average vacancy time is between two and four weeks.

The average vacancy rate is now 7.2 %, which is down from a high of 12.8 % in 2009.

If the rent is too high, you'll experience high turnover and longer than average vacancy.

But for most of this year, average vacancy rates stayed low...

The average vacancy provision is 6 % for vacancy and 6 % for maintenance.

You will need to know the average vacancy rate in order to determine how long it will take you to recoup your investment.

This study of economic performance across the Washington, D.C. metropolitan area found that the average vacancy - adjusted annual office rent in walkable areas is $ 37 per square foot, compared to $ 21 for drivable sub-urban office rents, a 75 % rental premium.

Our rankings were based on a number of metrics, including average vacancy rates for medical office properties, rents per sq. ft., building sales volumes, prices per sq. ft. and volume of recent space completions.

Also, my hometown has above average vacancy rates for residential properties.

As an investor, you need to understand how to calculate all of the different metrics, what the norms are in your area (like the average vacancy rate), and what you can live with (i.e. will you be able to sleep at night).

The average vacancy rate was 5.0 percent in the second quarter, down 20 basis points from the year before, according to MPF.

Rent growth and the average vacancy rate for apartments have only changed a little.

Though the technology sector might be the heart of today's office leasing activity, in Boston the life sciences sector is the life blood, as the city's market attracted eight of the industry's top 10 firms and is currently experiencing an average vacancy rate of only 5.5 percent.

He continues to anticipate an average vacancy rate of well under 5 percent for apartments for the rest of the year.

That's a stark contrast from the three preceding years, when 355,000 new units were added to the supply and the average vacancy rate climbed from 5.8 % to 8 %.

The brokerage also projects that the average vacancy rate nationally will drop to 5.4 % from 8 % over that time.

The average vacancy rate will rise to the mid-4-percent range by the end of 2017, CoStar researchers project.

• The real estate calculator also accounts for an average vacancy and new tenant incentive rate (so you can account for this lowering estimated rental income).

The five - year average vacancy rate is 2.9 per cent.

The suburban office sector ended last year with an average vacancy rate of 9.3 percent, compared to 12.3 percent for the central business district (CBD), reports Valuation International, Ltd., (VIL) of Atlanta in its publication Viewpoint 1998.

So some of these basic numbers (like just subtracting 5 % from rents to account for average vacancies) are good, but the complex math when it comes to accounting for depreciation, basis, actual principal payments, recaptures, etc., just can't be correct.

Not exact matches

In a normal market, the vacancy rate should be equal to the number of households relocating, times the average transition period, plus newly formed households times the average purchase period.

If new household formation is 3 %, and the average period for a property purchase is six months, this factor requires a vacancy rate of another 1.5 %.

Surveys of businesses» hiring intentions are at high levels, and print - based vacancy measures have been growing in line with the above - average growth in the labour force.

As for the employers, they generally have a large pool to choose from when it comes to recruitment: there are on average six times more unemployed than job vacancies in Canada, and even more in most provinces (see table 5).

In contrast, the ABS job vacancies measure has fallen in each of the past two quarters, although it remains above the average seen since 1990.

Each took about 20k on average (ranging from 12k — 28k) of my capital to acquire and they all cashflow about $ 350 / mo BEFORE maintenance and vacancy.

This one averaged 28.7 points for a 16 - 3 freshman team (the Indians split two games with Harvard), and will fill one of three varsity vacancies.

They claimed to have research showing that average job losses ranged between 60 and 1,000 but in most cases, this was normally dealt with by freezing vacancies, reducing temporary and agency staff and redesigning services.

Many of these people live in areas where jobs are available and «there actually tends to be more vacancies in areas with low employment rates than the national average», Mr Hutton told the IPPR.

There are more job vacancies, with an average of 529,000 unfulfilled vacancies in April - June 2013, up 24,000 on the previous quarter and 56,000 on a year ago

The 2014 Housing and Vacancy Survey found that the median rent for a rent - controlled unit was $ 1,020 per month on an average income of $ 29,000 per year... or 42 % of their fixed income.

The article announcing the undertaking tells us that almost half the nation's urban school districts had superintendent vacancies in 1990, and that the average tenure for such chief executive officers is now about two and a half years.

London and the two regions closest to the capital, the South East (5.29) and East of England (5.91), all had vacancy rates per school above the national average for England as a whole, with schools across London averaging more than 6.5 advertisements per schools for main scale teachers during the period between January and the end of July 2015.

Currently employers receive on average 19 applications per apprenticeship vacancy versus 68 for a graduate vacancy, says the ISE.

On average, there were 54 applications for every vacancy in financial services and 36 applications for every accountancy vacancy over the past year.

Last November, a survey by the headteachers» union, the NAHT, found that although the proportion of heads admitting to using agencies dropped from 56 per cent in 2015 to 44 per cent in 2016, the average spend still worked out at # 3,221.50 per vacancy.

In part because of how little West Virginia pays its teachers — $ 45,622 on average in 2016, making it 48th in the country for educator salaries — districts have had to lower the hiring bar to fill vacancies.

In the early 1980s, for example, when salaries had been dropping for a decade and districts could not fill their vacancies, the average quality of teachers reached a nadir in virtually every respect.

For primary school vacancies, there has been an average of 20 applications per position advertised in the last five years.

Meanwhile secondary school vacancies have received an average of 11 applications per advertised role over the same period.

The decline in the average number of applicants per vacancy suggests that the labour market has got tighter and schools are finding it harder to recruit.