Sentences with phrase «lowest apartment vacancy rates»

The current job situation combined with the lowest apartment vacancy rates in recent history and increasing rents nationwide make it more important for recent grads to evaluate their prospective career and living opportunities on a holistic level.
That's important because Denver has its lowest apartment vacancy rate ever, at around four percent.
That's important because Denver has its lowest apartment vacancy rate ever, at around four percent.

Not exact matches

Meanwhile the apartment vacancy rate declined back to its generational low:
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 ridiculous.
The city has a fairly low vacancy rate of 3 %, with rent on a two - bedroom apartment averaging $ 1,060 a month.
With an extremely low rental vacancy rate hovering around 0.5 percent and an expensive real estate market, it is notoriously difficult to find an affordable rental apartment in Vancouver.
Apartments, lofts, condominium and residential mixed - use developments are the biggest investor plays due to high demand, low vacancy (3.8 percent), elevated rental rates, and the return of a strong condo market.
Here's how development opportunities look in the metro areas with the lowest current apartment vacancy rates, according to market analysts and economists from property management software provider RealPage, data firm Yardi Matrix and brokerage firm Marcus & Millichap.
Overall, the vacancy rate is likely to remain low, but the high - end apartment segment is likely to experience more rent concessions.
In New York City, the largest U.S. apartment market, the vacancy rate fell to 2 percent in the first quarter, below the cyclical low of 2.1 percent last seen at the end of 2007.
NEW YORK (Reuters)- The Apartment vacancy rate in the first quarter fell to its lowest level in more than a decade, and rents posted their biggest jump in four years, as Americans eschewed home ownership and renting retained its popularity, according to real estate research firm Reis Inc..
The number of apartments available to rent could have proved difficult to find, with the vacancy rate dropping to 2.17 percent — its lowest in at least five years.
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.
In this way, properties and apartments get maximum visibility; in fact, this approach is so effective that they've consistently helped outside property managers and landlords achieve an astonishing low zero percent vacancy rate.
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.
Even the most pessimistic apartment market researchers agree that very few apartments were empty in the third quarter and that the vacancy rate in the multifamily rental sector will remain low in the short - term.
Vacancy rates for rental apartments remain low in the top six U.S. markets, despite an influx of new development.
; • Vacancy rates are expected to drop in a range of between 1.2 and 3.7 percentage points for office, retail, and industrial properties and remain stable at low levels for apartments; while hotel occupancy rates will likely rise; • Rents are expected to increase for all property types, with 2012 increases ranging from 0.8 percent for retail up to 5.0 percent for apartments.
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.
«Unemployment is low, immigration is high and apartment vacancy rates are tight.
Some residents may not be able to afford another rent increase and may consider moving, even though the vacancy rate for SFRs continues to be low, with little competition from for - sale homes, rental apartments or other rental houses.
This percentage is referred to as structural, or natural or normal vacancy rate and it differs by property type (lower for apartments / housing and higher for office).
The apartment vacancy rate is expected to be stable near its recent historical lows, while vacancy rates in the office, industrial and retail sectors are projected to edge down.
Compared with six months ago, the forecast vacancy rates for apartments in 2015, 2016, and 2017 are lower, and the forecast rental rate changes are all higher.
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