Sentences with phrase «average vacancy rate»

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

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

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

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.

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

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.

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.

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.

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

There are roughly 5,000 securitized single - borrower, single - family rental properties valued at about $ 832.6 million in the region affected by Harvey, and the average vacancy rate was 9.3 percent — the highest among the top 20 metropolitan statistical areas — as of the end of August, according to research from Morningstar Credit Ratings.

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

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 %.

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

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.

After topping out at 10.9 % a year ago, the average vacancy rate nationally improved to 10.1 % in the first quarter, according to Grubb & Ellis.

And despite all the new units that have become available, renters keep showing up to leasing offices, keeping the average vacancy rate in the sector relatively low.

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

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

The average vacancy rate followed the same trajectory.

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).

Speak to numerous reputable estate agents and letting agents in the area to establish the market demand in the area, the current and future developments in the area, the market - related rentals and the average vacancy rate for the area, all of which must be factored into your investment decision.

The average vacancy rate across Savills survey area fell 6.9 % year - on - year, with the majority of markets remaining at historic lows.

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

Retail properties with above - average vacancy rates will be considered if the borrower has a plan to lease up the vacant space.

On the other hand, Marcus & Millichap expects that the average vacancy rate for Boston apartments will reach a 10 - year low of 3.5 percent in 2012.

Rochester's apartment market had an average vacancy rate of just 3.2 percent in the fourth quarter, according to data firm Reis.

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

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.

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.

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 %.

CoStar reports that sector - wide, the average vacancy rate decreased 20 basis points between the fourth quarter of 2011 and the fourth quarter of 2012 and currently stands at 6.9 percent.

In the broader market, ATTOM Data found an average vacancy rate of 4.0 percent across 473 countries it studied.

Their average vacancy rate will more than double to 9.5 % from 4.2 %, according to commercial real estate researcher CoStar Group.

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.

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