For instance, Nashville has one of
the lowest vacancy rates for office — 7.7 percent, I think.
We have below 5 % vacancy rate (even
lower vacancy rate for below average units).
Not exact matches
Scotiabank senior economist Adrienne Warren says condo supply also feeds demand
for rental properties, a hot commodity in both Toronto and Vancouver, where
vacancy rates are
low.
«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.
In line with this,
vacancy rates for rentals across Canada are exceptionally
low, particularly in certain parts of British Columbia where
vacancy rates have dipped to a record
low of 0.3 per cent.
Today, State Assemblymember Brian Kavanagh and State Senator Daniel Squadron released the following statement in response to the U.S. Department of Housing and Urban Development (HUD)'s decision that changes to the Section 8 Small Area Fair Market Rent (SAFMR) policy — which could have had severe unintended consequences
for NYC Section 8 tenants — will not apply to cities with
low vacancy rates, like NYC.
«As we continue working with HUD on increasing affordability and other critical housing goals, we appreciate that HUD heard our request
for a policy that takes into account the unique needs of NYC, and other cities with
low vacancy rates, and that the unintentional but real harm posed by the proposed SAFMR rule will be averted.
For reducing the achievement gap between the Atlanta Public Schools and the State of Georgia, lowering the dropout rate, cutting back the number of teacher vacancies, and renovating and consolidating some of Atlantas schools, Atlanta superintendent Dr. Beverly L. Hall earned the 2006 Richard R. Green Award, the nations highest honor for urban education leadership, at the Council of the Great City Schools 50th Annual Fall Conferen
For reducing the achievement gap between the Atlanta Public Schools and the State of Georgia,
lowering the dropout
rate, cutting back the number of teacher
vacancies, and renovating and consolidating some of Atlantas schools, Atlanta superintendent Dr. Beverly L. Hall earned the 2006 Richard R. Green Award, the nations highest honor
for urban education leadership, at the Council of the Great City Schools 50th Annual Fall Conferen
for urban education leadership, at the Council of the Great City Schools 50th Annual Fall Conference.
A Department
for Education spokesperson said the
vacancy rate for the sector was
low «at under 0.5 per cent» but added, «we are not complacent».
For those living in Toronto or Vancouver — or in Regina, Thunder Bay and Calgary, where vacancy rates are an astonishingly low 1 % to 1.3 % — the possibility of finding a two - bedroom apartment for $ 1,600 in the downtown core may seem ridiculo
For those living in Toronto or Vancouver — or in Regina, Thunder Bay and Calgary, where
vacancy rates are an astonishingly
low 1 % to 1.3 % — the possibility of finding a two - bedroom apartment
for $ 1,600 in the downtown core may seem ridiculo
for $ 1,600 in the downtown core may seem ridiculous.
• 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).
For this category we're looking for cities with a high rent increases and low vacancy rat
For this category we're looking
for cities with a high rent increases and low vacancy rat
for cities with a high rent increases and
low vacancy rates.
Lower vacancy rates mean lower costs and fewer headaches for landlords and real estate ag
Lower vacancy rates mean
lower costs and fewer headaches for landlords and real estate ag
lower costs and fewer headaches
for landlords and real estate agents.
That creates a big demand
for rental properties, resulting in one of the
lowest vacancy rates in the country and slowly rising rent prices.
Alaska as a whole experiences a 5.62 percent rental
vacancy rate, and in areas such as Anchorage it is even
lower at just over 4 percent, making the state appealing
for potential landlords to meet demand.
Barile and other experts cite several reasons
for the unexpected twist in the real estate market, including
low interest
rates, which help boost returns in highly leveraged deals even if
vacancy rates rise.
The national
vacancy rate dropped to 7.2 % from the prior quarters 8.2 %, the
lowest level
for first quarter
vacancy rates since late 2008.
Not sure of the
vacancy rate for the area but have asked my broker and was planning on using a 7 % Vacancy rate, but that may be too low... th
vacancy rate for the area but have asked my broker and was planning on using a 7 %
Vacancy rate, but that may be too low... th
Vacancy rate, but that may be too
low... thoughts?
Demand
for new units should remain strong, but not quite strong enough to keep the
vacancy rate at its historic
low.
Two factors supporting price increases are the
low inventory of homes
for sale and the
low vacancy rate among owner - occupied housing.
«With lean
for - sale inventories and
low rental
vacancy rates, many markets have seen housing prices outpace inflation,» Nothaft says.
The moves represent a turn
for a commercial real estate market that until recently had the nation's
lowest vacancy rate, driven by early stage tech firms scooping up space and Silicon Valley giants expanding to accommodate workers seeking an urban lifestyle.
Many buy
for themselves believing the market will remain stable or increase or invest thinking they can easily rent
for increasingly high rents when, especially with ongoing building, and, as can be seen in one article, rents are not increasing as would be the case if there were really a
vacancy rate in Toronto as
low as has been stated.
Prologis executives note that their examination of top markets and the firm's own holdings show that global industrial
vacancy rates should remain
low, and rents high,
for the next several years.
For retail landlords, apparel and department - store closures have so far been offset by the store growth of other kinds of chains such as dollar stores and off - price retailers, which have kept
vacancy rates low.
That
low supply, coupled with demand from better - performing retailers
for quality space, helped push rents across all types of retail real estate higher and
vacancy rates down to about 10 percent at the end of 2015 from 11.1 percent in 2011 — as retailers slowly shrugged off the recession's
vacancy spike.
Using figures provided by Esri, the Census Bureau, the United States Department of Agriculture and other sources, Livability.com looked
for places with
low vacancy rates, new development and an influx of people into those spaces.
With a
lower vacancy rate that looks to be continuing downward, one can not help but wonder: why has rent growth
for the unit - lease subtype underperformed its higher -
vacancy counterpart?
Smart investors factor in a
vacancy rate of 5 % into their cash flow calculations, as a risk management measure, even if the current
vacancy rate for the area is
lower.
Tenants may think the government is looking out
for tenant interests, but if that was true there would be no pandemic housing shortage, multiple offers, outrageous selling prices, extremely
low vacancy rates, high rental tenant property taxes and eight - year affordable housing wait lists.
Low vacancy rates are also driving the alarming increase in the number of Ontario families waiting
for affordable housing.
Higher
vacancy rates and / or decreased rental
rates leads to
lower income, and ultimately
lower valuations, possibly causing trouble
for these loans when it comes time to refinance.
In line with this,
vacancy rates for rentals across Canada are exceptionally
low, particularly in certain parts of British Columbia where
vacancy rates have dipped to a record
low of 0.3 per cent.
The national
vacancy rate for medical office buildings (MOBs) fell to an all - time
low in 2017 while sales volume rose and capitalization (cap)
rates fell.
This dynamic, coupled with the
low statewide rental
vacancy rate of 1.5 percent, creates an extreme demand
for affordable units at the
low end of the market that isn't met by current rental housing stock.
«According to the Housing
Vacancy Survey, the rental vacancy rate fell for the seventh straight year in 2016, dipping to 6.9 percent — its lowest level in more than three d
Vacancy Survey, the rental
vacancy rate fell for the seventh straight year in 2016, dipping to 6.9 percent — its lowest level in more than three d
vacancy rate fell
for the seventh straight year in 2016, dipping to 6.9 percent — its
lowest level in more than three decades.
Home and apartment
vacancy rates are 7.4 % in W Main Rd / Miantonomi Ave. NeighborhoodScout analysis shows that this
rate is
lower than 59.3 % of the neighborhoods in the nation, approximately near the middle range
for vacancies.
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.
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.
Washington, D.C.'s
low median age of housing inventory (54 days, nine days less than the national average), even
lower vacancy rate (5.20 percent, about 23 percent less than the national average), and moderately high annual job growth
rate of 2.19 percent indicate that demand
for housing there is and will likely remain quite strong, making D.C. a profitable market
for rental real estate investors
for quarters to come.
Washington, D.C.'s
low median age of housing inventory (54 days, nine days less than the national average), even
lower vacancy rate (5.20 percent, about 23 percent less than the national average), and moderately high annual job growth
rate of 2.19 percent indicate that demand
for housing there is and will likely remain quite strong
for some time.
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 %.
Net operating income growth looks solid
for the foreseeable future after 2017's mild pause, and cap
rates will begin to rise slowly as rent growth steadies and the already -
low national
vacancy rate hovers close to 5 %.
Prior to that, Downtown Vancouver, which consists of 22.7 million square feet of office space, had posted one of the
lowest vacancy rates of any metropolitan core in Canada
for the past decade.
The
vacancy rate on North Michigan Avenue dropped to 3.6 percent
for the year ended May 31, its
lowest level since 2003, when it was 3.1 percent, according to the CBRE report.
Bend has an incredibly
low vacancy rate and the competition among tenants
for a good rental is red hot.
New apartment complexes have been built all over the nation to provide more housing, and due to this high demand
for rental properties and
lower vacancy rates, rent costs have increased.
The homeowner
vacancy rate declined
for the fifth consecutive quarter, contracting to 2.2 %, which was also its
lowest level observed since mid-2006.
Vacancy rates for rental apartments remain
low in the top six U.S. markets, despite an influx of new development.
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.