Sentences with phrase «multifamily vacancy rate»

For the next few years, the affordable vacancy rate is expected to remain flat while the multifamily vacancy rate is expected to drift upwards due to the high level of construction underway.
Call up a couple of Commercial Brokers who deal in the area and ask them what the multifamily vacancy rate is.
The average multifamily vacancy rate will edge up 0.1 percent, but that sector continues to see the tightest availability and biggest rent increases.
Demand should be high — the multifamily vacancy rate in Charleston has fallen steadily in recent years to reach 5.2 percent in the first quarter, according to New York - based data firm Reis Inc..
For comparison, the national multifamily vacancy rate currently sits at 4.3 percent.
A swath of new apartment construction coming onto the market is forecast to lead to an uptick (0.1 percent) in the multifamily vacancy rate.
The city is expected to reach the end of the year with a multifamily vacancy rate of 3.1 percent (a 40 basis point increase year - over-year).
Areas with the lowest multifamily vacancy rates presently are Minneapolis, 2.5 percent; New York, 2.8 percent; and Portland, Ore., at 2.9 percent.
Areas with the lowest multifamily vacancy rates currently are Sacramento, Calif., 2.5 percent; Orange County, Calif., 2.6 percent; Hartford, Conn., and Oakland - East Bay at 2.7 percent; and Rochester, N.Y., at 2.8 percent.
Multifamily vacancy rates have been heading down since before 2003, when they were at about 6.5 percent, and by the end of 2005 stood at just above 5 percent.
Areas with the lowest multifamily vacancy rates currently are New Haven, Conn., at 1.9 percent; Syracuse, N.Y., 2.0 percent; Minneapolis and San Diego, at 2.1 percent each; and New York City, 2.2 percent.
Areas with the lowest multifamily vacancy rates presently are San Jose, Calif.; Pittsburgh; and Newark, N.J, with vacancies in a range around 3 percent.
Multifamily vacancy rates are forecast to decline from 5.8 percent in the current quarter to 4.9 percent in the first quarter of 2012.
Areas with the lowest multifamily vacancy rates currently are Minneapolis, 2.4 percent; New York City, 2.7 percent; and Portland, Ore., at 2.8 percent.
Will multifamily vacancy rates (a) move back above 6.0 percent (unlikely; I see the odds at 10 percent); (b) stay in the 5.5 percent to 6.0 percent range (most likely, with a 70 percent probability); (c) fall below 5.5 percent (20 percent chance)?
Areas with the lowest multifamily vacancy rates currently are New Haven, Conn., at 2.0 percent; New York City, 2.1 percent; and Minneapolis and Syracuse, N.Y., each at 2.5 percent.

Not exact matches

The apartment rental market — multifamily housing — should see vacancy rates drop from 5.5 percent in the current quarter to 4.6 percent in the third quarter of 2012.
Even as new apartment completions bring more supply to many markets, the multifamily sector will still likely see a vacancy rate decline from 6.6 percent to 6.1 percent.
Looking at commercial vacancy rates from the third quarter of this year to the third quarter of 2012, NAR forecasts vacancies to decline 0.3 percentage points in the office sector, 0.6 points in industrial real estate, 0.7 points in the retail sector, and 0.9 percentage points in the multifamily rental market.
Here you'll find forecasts as well as vacancy rates for four commercial sectors — office, warehouse, retail, multifamily — as reported in late October 2001.
With a 40 percent vacancy rate and shoddy maintenance, a Louisville practitioner knew it would be a challenge to sell this multifamily building.
I know from experience what it costs to run a multifamily property, so the expense part was easy, the second variable is rental rates and vacancy.
Multifamily The Twin Cities has long been a favorite market among multifamily investors because of low vacancies and strong rental rMultifamily The Twin Cities has long been a favorite market among multifamily investors because of low vacancies and strong rental rmultifamily investors because of low vacancies and strong rental rate growth.
Topics: Tucson, Industrial, Commercial real estate, Economic development, Investment property, Absorption, Market trends, Vacancy, Lease rates, Leasing, Office, Medical office, Apartments, Multifamily
Due to steady economic growth and strong demand for multifamily units, rent growth is expected to be similar to 2016 levels and vacancy rates will increase more slowly than initially forecast.
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.
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.
NAR's most recent Commercial Real Estate Market Survey revealed the multifamily housing sector is becoming a landlord's market, with vacancy rates below 5 percent justifying higher rents.
This compares to a vacancy rate of 4.5 percent for multifamily (market - rate) properties.
The multifamily sector will likely have little change to its vacancy rate over the next year as apartment completions stay at 6.5 percent, NAR reports.
Historically, the MPI and MVI have performed well as leading indicators of U.S. Census figures for multifamily starts and vacancy rates, providing information on likely movement in the Census figures one to three quarters in advance.
The vacancy rate for multifamily properties in energy metros currently stands at 6.4 percent, 190 basis points higher than the 4.5 percent rate found amongst all other metros.
And that's the case despite the fact that owners are still offering concessions in a market with a nearly 9 % vacancy rate, reports David Baird, national director of multifamily for Sperry Van Ness, a real estate brokerage based in Irvine, Calif..
In the multifamily market, which already has the tightest vacancy rates in any commercial sector, apartment rents will be rising at faster rates in most of the country next year.
The national vacancy rate in the multifamily sector is set to stand at 6.5 percent.
Looking at commercial vacancy rates from the fourth quarter of this year to the fourth quarter of 2012, NAR forecasts vacancies to decline 0.6 percentage point in the office sector, 0.4 point in industrial real estate, 0.8 point in the retail sector and 0.7 percentage point in the multifamily rental market.
The apartment rental market - multifamily housing - should see vacancy rates ease from 4.0 percent in the first quarter to 3.9 percent in the first quarter of 2014; vacancy rates below 5 percent generally are considered a landlord's market with demand justifying higher rents.
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