Sentences with phrase «percent rental vacancy»

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.

Not exact matches

Columbus» low rental vacancy rates and its RPP at 5.5 percent below the national average make it the last city on the list to round out the top 10.

If the units are for unrented units or for property to be built, the VA requires the appraiser to determine the «fair rental value» and a vacancy / operating cost adjustment (usually 25 percent) is applied to that.

Also, any vacancy in her rental property will put a serious crimp in her cash flow (at an interest rate of 4 percent and interest - only payments, Sue needs to net $ 933 every month just to break even).

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.

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.

As new rental product comes online, slightly higher vacancy is expected to hold rent increases on the Westside at 5.3 percent, or on average $ 2,780 per month, and DTLA rents will rise 5.6 percent to $ 2,235 due to growing demand by Millennials and empty - nesters.

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.

According to the HVS report, national vacancy rates in the fourth quarter 2016 were 6.9 percent for rentals and 1.8 percent for homeowner housing.

Neither of these rates were statistically different from the fourth quarter 2015, when the rental vacancy landed at 7.0 percent and the ownership was at 1.9 percent.

These figures mask wide differences in markets, though, with distribution hubs such as Los Angeles, Las Vegas, and northern New Jersey maintaining low vacancies (6 percent to 8 percent) and solid rental growth (1 percent to 2 percent), while many older industrial areas are still struggling to fill space.

Rental vacancies increased over the last quarter in the suburbs, where vacancies rose from 6.8 percent to 7.5 percent.

The average rental vacancy rates in these counties were 7.4 percent compared to a national average of 8.7 percent as of the end of 2012.

«In the high - risk, high - yield markets, where unemployment and vacancy rates are higher than national averages, the average return was a whopping 19 percent, actually up from a year ago thanks to a strong increase in rental rates,» Blomquist continued.

National rental vacancies were 8.2 percent, virtually unchanged from the second quarter 2000.

But recent economic indicators suggest that homeownership may once again be on the rise, while nationwide rental vacancies hit 7.3 percent in the second quarter, up from a year ago at 6.7 percent.

For those interested in investing in rental properties, you should know that vacancy rates tend to hover right around zero percent, meaning positive cash flow is almost a guarantee.

While vacancy rates are expected to drop, researchers found that rent growth for single family rentals is expected to slow to roughly 5.5 percent to $ 2,350 per month from 2016.

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.

- Relatively high fixed operating costs, as percent of rental income; although, a significant portion of operating expenses is usually reimbursed by tenants, office investors bear the risk of having to pay a greater portion of a building's operating costs and property taxes when market vacancy goes up and the market softens.

«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.

Data is also available below for Phoenix rental vacancy rates, Phoenix rent as a percent of median income and the fraction of renters in Phoenix.

Class C rentals have a vacancy rate of roughly 1 percent.

It's not surprising the third quarter national rental vacancy rate of 2017 rose 0.7 points to 7.5 percent.

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.

As a result, demand for rentals will remain intense, and we expect vacancy to decline to a scant 2.8 percent.

Banning them from short - term rentals was meant to preserve scarcely affordable units for Toronto's ultratight long - term rental market, which has a vacancy rate of less than 1 percent.

The rental vacancy rate held steady at 8.6 percent during the third quarter, tying last quarter's mark as the lowest reading on the rental vacancy rate since mid-2002.

Rental vacancy rates have fallen to 8.6 percent, the lowest since the second quarter of 2002.

In October, the vacancy rate at single - family rentals included in single - borrower securitizations rose by 20 basis points over the month prior, to 5.2 percent, according to Morningstar Credit Ratings.

«Vacancy rates ticked up to their highest point since 2014 in March — 4.08 percent — as the flood of high - end rentals hit the market.

Typically, the interest rate for hard money loans against rental properties ranges between 9 and 12 percent, depending on the particular lender and various other factors that are involved (e.g., income production, vacancy rates, type of tenants, turnover, etc.).

Before the fires, the rental vacancy rate was a mere 1 percent in Santa Rosa and 3 percent in surrounding Sonoma County.

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.

Women always have dominated the single buyers» market and they may be suffering most from a combinations and economic and political forces that have trapped singles into rental units at a time when rents are rising rapidly as vacancy rates reach history lows or 4.5 percent or lower.