Sentences with phrase «low vacancy»

With a low vacancy rate and too little permitting, Amazon's new HQ2 presence would increase rents an additional 8.8 percent over 10 years.
The multifamily rental market is thriving, with low vacancy and demographic factors supporting long - term demand.
Through granular data, CoStar researchers Lupton and Ethan Vaisman portrayed one - and two - star properties as both affordable across a wide range of metro areas and constituting a singular market opportunity mainly due to supply constraints and very low vacancy rates.
Grand Rapids, Mich., tops our list because it has seen strong and recent employment growth (ranked 11th), has a relatively low vacancy rate, and a high share of households under 35 (ranked 16th and 17th, respectively).
«On the other hand, investors are planning to hold onto their rental properties for at least eight to ten years and realize the benefits of rising rents and low vacancy rates.
With low vacancy rates and slow construction, the additional workers needed will drive up rents.
Raleigh, N.C., ranks third on our list because of its strength in two categories: it has strong job growth (ranks 3rd) and a low vacancy rate (ranks 15th).
Our market has been extremely generous to us, as it has low vacancy, high income / job growth, and growing demand from both Cornell University and Ithaca College.
And through proper tenant screening, quarterly inspections, providing a superior product in a «good» area where people actually want to live, and tenant's knowing their voucher is in jeopardy if they damage my property or create conflict - I have little to no problems from my Section 8 tenants who hardly ever move, creating low vacancy expense for me.
San Francisco also remains as one of the top two office markets in Marcus & Millichap's National Office Property Index, alongside San Jose, as a result of its strong employment numbers and low vacancy.
In the CBRE fourth quarter 2015 report, Aiman Noursoultanova, senior vice president, said «our area's projected housing needs (as estimated by EDAWN's EPIC Report) are still outpacing available supply, which bodes well for continued low vacancy and growing rents.
Conditions in property markets are solid, however, with low vacancy rates, a rough balance between new supply and the demand for commercial space, continued rent growth and some acceleration in NOI growth.
Household growth is one of the major forces that drives increases in housing demand; and if such increases occur in a market with low vacancy rate and slowly responding housing supply they will trigger significant value and price increases in the local housing market.
If your market has low vacancy rates, you may be able to get away with less attractive carpet.
These are properties with strong rental returns, low vacancy rates, low occupancy expenses.
«We entered the current recession with historically low vacancy rates and significant new supply coming to market in only two cities.
However, its strong university and educational foundation, rapid growth rate and low vacancy rate demonstrate that Lethbridge will provide strong long - term returns on real estate investment in the years to come, says REIN.
The reasons include healthy job and population growth, a thriving tech sector, and low vacancy rates despite a decent amount of new construction.
The expected delays in new office projects due to the tight lending conditions developers are facing, coupled with low vacancy rates, may push tenants to the suburbs to solve any short - term demand issues, says the report.
The reasons are numerous and include healthy job and population growth, a thriving tech sector, and low vacancy rates despite a decent amount of new construction.
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.
Rents are expected to plateau at the current $ 32 per sq. ft. levels and a low vacancy rate of 3.80 per cent (as of September 2008) should provide some stability in the months to come.
I am a new investor there and I recently purchased a 3 unit multi family that needs a little work, and a 6 unit apartment building next to an oil refinery, in an area that has extremely low vacancy rates.
«Even though there is a lot of retail development under way, in most Canadian markets there is very low vacancy and there has been an increase in lease rates,» says James Smerdon, Vancouver - based director of retail and consulting with Colliers.
Despite low vacancy rates, property managers have cut down rents in San Francisco and New York in 2016, although rents began to grow again in San Francisco in 2017.
Oakway Center has always had low vacancy rates, according to owners McKay Investment Co., a family - owned business in Eugene.
«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.»
How long can the good times of low vacancy rates and high rent growth last?
Markets on the East Coast are also feeling the low vacancy pinch.
The same trend should hold true in 2013 as increased market uncertainty will mean high - quality properties with low vacancy rates will account for the bulk of assets traded.
This steady downward trend in vacancy rates is not something new to seasoned landlords as the early 80s and mid-90s hit some impressively low vacancy rates.
Bend has an incredibly low vacancy rate and the competition among tenants for a good rental is red hot.
Very low vacancy rates and generates just shy of 35k a month in rental income.
Importantly, keep an eye on that magic mix of strong job growth, a diverse population, and low vacancy rates — punctuated by high consumer confidence.
Rising lease rates combined with low vacancy have also prompted developers to build spec products in other industrial categories as well.
«We have record - low vacancy rates, record - low unemployment, increasing institutional allocation to real estate and supportive immigration that fuels population growth.»
According to the authors: «These markets exhibit strength in five key metrics: strong job growth over the past year, low vacancy rates, high affordability, more inbound home searches than outbound, and a large share of millennials.»
For instance, the National Association of Realtors reports that in 2014, San Jose, CA had a low vacancy rate of 4.0 %, while Ocean City, NJ had a high vacancy rate of 58.4 %.
In other markets, low vacancy gives landlords the upper hand in negotiations.
The logistics sector boasts above average rent growth and near historical low vacancy rates.
This has lead to rapidly - rising rents, low vacancy rates and impressive property value appreciation.
Nashville's stellar annual job growth (3.44 percent, seventh - highest in the U.S.), moderately low vacancy rate (4.80 percent, almost 30 percent lower than the national average), and even lower median age of housing inventory (a mere 42 days, 33 percent lower than the national average) also highlight how exceptionally strong the demand for Nashville housing currently is and will likely continue to be for many quarters to come.
And it means plenty of great things: you'll have a stable income and low vacancy rate, while your tenants will treat you like an honest landlord and stay in your property for as long as possible.
«Future ownership can enjoy stable cash flow and benefit from Queens» low vacancy rates,» Stimler said in a prepared statement.
Here in Northern Colorado we are seeing ridiculously low vacancy rates.
With low vacancy rates in the single digits, many of our investor clients whose prior focus was single family properties are now switching to small multifamily properties.
It is the result of several factors including low interest rates, high levels of interest, low vacancy rates, and of course — lots of buyer demand.
We purchase real estate in strong growth markets with growing populations, low vacancy and a diverse job economy.
With strong affordability, strong job growth, and low vacancy rates, these are great indicators of Cincinnati's continued growth and market strength,» said Morrical.
Investors focused on rental properties should be attracted to low vacancy submarkets as they will limit the amount of time between tenants.
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