Sentences with phrase «low vacancy rate for»

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 ConferenFor 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 Conferenfor 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 ridiculoFor 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 ridiculofor $ 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 ratFor this category we're looking for cities with a high rent increases and low vacancy ratfor cities with a high rent increases and low vacancy rates.
Lower vacancy rates mean lower costs and fewer headaches for landlords and real estate agLower vacancy rates mean lower costs and fewer headaches for landlords and real estate aglower 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... thvacancy rate for the area but have asked my broker and was planning on using a 7 % Vacancy rate, but that may be too low... thVacancy 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 dVacancy 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 dvacancy 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.
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