Changing demographics (people are marrying later, people are having kids later, high student loan debt, baby boomers are retiring, etc.) are creating even
more apartment demand.
Not exact matches
While
demand for «low - end»
apartments priced at $ 1 million to $ 2 million remains strong, sales of
apartments of
more than $ 5 million will get tougher.
But the overall impact is uneven with
demand for top end property worth
more than $ 30 million remaining strong while sellers are heavily discounting small inner - city
apartments in high density zones.
BHP Billiton points out that, over the next 20 years, China's urban population is likely to increase by almost 250 - million people and the rising middle class will be looking to upgrade to «bigger and better
apartments, sitting above
more extensive underground car parks, which will
demand steel - intensive building and renovation,» she asserts.
Strong
demand for
apartments is expected to drive up rents 4.6 percent this year according to the National Association of Realtors and
more than 4 percent a year for 2014 and 2015, according to Reis.
It will shift consumer
demand away from goods and services that complement large indoor space and a backyard toward goods and services
more oriented toward living in an
apartment.
More young people are also starting to buy homes, which lowers
demand for rental
apartments.
A bevy of NYC elected leaders joined tenant groups outside City Hall to
demand the state government bolster protections for tenants of
more than one million
apartments across the five boroughs.
REAL ESTATE — «Stringer: NYCHA
apartments left vacant for years,» by Capital's Kelly Weill: «Low - income
apartments run by the New York City Housing Authority are in high
demand, with
more than 270,000 applicants on the authority's waiting list.
Watertown and the towns surrounding Fort Drum built
more apartment complexes to keep up with the
demand.
The letter
demands an end to something known as vacancy decontrol, under which landlords can take empty
apartments out of the system when the next tenant would pay
more than $ 2,500 in rent.
More than 500 NYC residents gathered together on Tuesday, December 9th at the New York Society for Ethical Culture to
demand an end to vacancy decontrol, a practice by which landlords can take a vacant
apartment out of rent regulation when the rent reaches $ 2,000.
They left me behind with my godmother for four years, while they worked multiple
demanding factory jobs and lived in a cramped one - room basement
apartment, so I could have access to
more opportunity,» she says, reflectively.
What
more could you
demand from a safe, secure Santa Monica
apartment beyond these luxuries that are laid out before you?
At One Midtown Luxury
Apartments, you will discover all of the amenities you
demand, and much
more.
Morgan At North Shore
Apartments stands ready to provide the things you
demand and much
more.
The idea is that these benefits will generate
demand for Keyo
apartments,
more quickly filling those already available.
There are two reasons why
apartment complex owners may want to feature smart devices in their units: one being that they can potentially cut costs when it comes to utility bills and secondly because the technology may be in such a high
demand in the future that owners will be able to charge renters
more for these luxury amenities.
The conventional wisdom says there's a finite pool of housing
demand, and if
more of it goes toward home purchase, then
apartment owners will be left with a bunch of vacant units — or they'll lose pricing power.
Even with
more supply and weaker
demand, the
apartment market in two years should still be strong enough to support rents that, on average, will grow faster than the rate of inflation, experts say.
«While home ownership plays a role in
demand for
apartments, jobs are at least of an order of magnitude
more important,» explains Anderson.
Despite all the construction cranes on the horizon,
apartment owners and managers feel that the national apartment market is getting tighter, with even more demand from renters, as they have for the last year, according to April's «Quarterly Survey of Apartment Conditions» from the National Multifamily Housing Counci
apartment owners and managers feel that the national
apartment market is getting tighter, with even more demand from renters, as they have for the last year, according to April's «Quarterly Survey of Apartment Conditions» from the National Multifamily Housing Counci
apartment market is getting tighter, with even
more demand from renters, as they have for the last year, according to April's «Quarterly Survey of
Apartment Conditions» from the National Multifamily Housing Counci
Apartment Conditions» from the National Multifamily Housing Council (NMHC).
For years, developers have been starting construction on new multifamily communities; meanwhile, demographers have said reassuring things about the
demand for
apartments, encouraging developers to start construction on even
more new multifamily communities.
«It will shift consumer
demand away from goods and services that complement large indoor space and a backyard toward goods and services
more oriented toward living in an
apartment,» he explains.
More jobs mean increased
demand for office, retail,
apartment, and other commercial real estate sectors,» noted Dr. Yun.
«However,
demand for
more upscale
apartments is on the increase due to its proximity to downtown Columbia, to the main campus of University of South Carolina, combined with a solid economy supported by large healthcare employers like Palmetto Health and BCBS of SC.»
Single family home tenants are 25 percent
more likely than
apartment tenants to stay in their current homes five years or longer, suggesting that
demand for single family homes, the fastest growing rental category, will be
more stable than multi-family
demand.
Apartment buildings in beach communities can sell for 15 - 30 x's gross rents, while buildings in Hollywood, where there is
more supply and less
demand relative to an LA Beach Community, may only command 12 - 18 x's gross.
With market
demand for walkable neighborhoods on the rise, Missing Middle Housing types — duplexes, fourplexes, courtyard
apartments, and
more — offer a range of housing options for neighborhoods throughout the Atlanta area.
Fewer design and construction professionals willing to work on condos versus
apartments charge
more and
demand a project - specific WRAP policy;
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.
Top analysts expect there to be a few
more vacant
apartments by the end of 2014, but strong
demand will keep the percentage of vacant
apartments compared to overall stock very low for a very long time...
Adding to costs, developers are responding to increasing
demand by building thousands of new
apartments and condos of greater quality, with
more unique amenities, which, of course, is accompanied by higher rents and asking prices.
«Housing will strengthen in 2013 even if the economy weakens because there is a
demand for
more construction, and the
demand for
apartments is rising at a faster rate than the need for
more single - family homes,» Vitner said.
Competition from for - sale homes may put a little
more pressure on the
apartment sector in 2018, but
demand is expected to continue to grow as the economy expands, keeping occupancy rates high.
A healthy job market and strong population gains continue to sustain multifamily
demand across the metro, where
more than 5,000
apartments are scheduled for delivery in 2018.
The Boston Metro Area Needs 66,109 New
Apartments to Keep Up with Local
Demand by 2030: According to a new report from Hoyt Advisory Services, commissioned by the... Read
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Basement
Apartments in Ontario What buyers and sellers need to know Basement apartments have been a growing trend in homes across Ontario to meet the demands of more affordabl
Apartments in Ontario What buyers and sellers need to know Basement
apartments have been a growing trend in homes across Ontario to meet the demands of more affordabl
apartments have been a growing trend in homes across Ontario to meet the
demands of
more affordable housing.