Rents: Page 11
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Is this the peak? Apartment rents hit all-time high as growth slows
“Record numbers are never sustainable,” one multifamily market watcher said.
By Mary Salmonsen • June 28, 2022 -
Q&A
Why one Houston-based owner decided to sell
Swapnil Agarwal traded out of properties in his hometown but bought deals in other markets and asset classes.
By Leslie Shaver • June 28, 2022 -
Trendline
Top 5 stories from Multifamily Dive
A roundup of some of Multifamily Dive’s top stories of 2024.
By Multifamily Dive staff -
After bottoming out, vacancies slowly tick up
Despite more apartments being available, the market remains historically tight.
By Leslie Shaver • June 27, 2022 -
YIMBYs add new twist to local zoning, development battles
Groups dedicated to pushing for affordable housing policies are coming into their own.
By Robyn Griggs Lawrence • June 24, 2022 -
Q&A
Pandemic, interest rates create pressure for affordable managers
Higher borrowing rates, combined with increased labor and materials costs, are forcing managers to operate more efficiently.
By Leslie Shaver • June 24, 2022 -
The new drivers of apartment demand
Migration and reopened economies helped propel rent growth 10% beyond wages in the past year.
By Leslie Shaver • June 22, 2022 -
Renters are staying in their apartments longer, paying more
Residents are renewing their leases, despite an average rent increase of 10%.
By Leslie Shaver • June 21, 2022 -
Housing activists work to move the needle on affordability
In communities across the country, local groups aim to shed light on the housing crisis while fighting against the NIMBY movement.
By Robyn Griggs Lawrence • June 15, 2022 -
Q&A
How rising cap rates could put pressure on managers
Owners could expect more from their managers as rapid property appreciation declines.
By Leslie Shaver • June 15, 2022 -
YIMBY: The making of a movement
Yes, In My Backyard groups have formed in communities across the country to fight zoning and development practices that make housing less affordable.
By Robyn Griggs Lawrence • June 13, 2022 -
Meet the YIMBYs
Housing advocates are changing the affordability conversation by standing up for denser development.
By Robyn Griggs Lawrence • June 13, 2022 -
Renters are staying in their apartments longer, paying more
When residents renew their leases, they’re paying an average of 10.7% more, according to a new report.
By Leslie Shaver • June 8, 2022 -
Q&A
Rising interest rates could cause problems — but not how you'd think
Higher borrowing costs could widen the expectation gap and strain certain multifamily owners, according to the founder of a Houston-based private equity firm.
By Leslie Shaver • June 7, 2022 -
Real estate pros ask: Are we headed into a recession?
CRE experts break down the uncertain future of interest rates, fundamentals and economic conditions.
By Mary Salmonsen • June 7, 2022 -
Q&A
Camden sees all-time highs in same-store revenue growth
Despite strong numbers, CEO Ric Campo worries about the economy.
By Leslie Shaver • May 31, 2022 -
RealPage reports 'most optimistic' student housing numbers in 4 years
Record-high rent growth and a pre-leasing occupancy rebound point to increased demand following the pandemic.
By Mary Salmonsen • May 27, 2022 -
Q&A
Do rent-to-income ratios need to be rethought?
One developer says increased interest rates and construction costs will make renting more expensive.
By Leslie Shaver • May 24, 2022 -
NAA members seek guidance on eviction notice legislation
The federal 30-day-notice requirement for evictions continues nearly two years after the CARES Act expired.
By Robyn Griggs Lawrence • May 23, 2022 -
Q&A
Northland zeros in on the Atlanta market
While the Atlanta metro appeals to the Top 50 owner, it doesn’t think the risk is worth the reward in some other high-profile markets.
By Leslie Shaver • May 23, 2022 -
Q&A
How the nation's fifth-largest manager is handling staffing issues
FPI Management sees a recovery in some West Coast markets even as it grapples with labor challenges.
By Leslie Shaver • May 20, 2022 -
Inflation, supply and demand drive multifamily rents higher
The national average asking rent rose in April, and rents are surging in all major markets.
By Mary Salmonsen • May 17, 2022 -
Q&A
How one investor chooses his markets
Neil Schimmel avoids metros with investor-owned single-family housing and looks for owners that are from the area.
By Leslie Shaver • May 16, 2022 -
5 reasons why rents are rising at a record pace
Inflation, demographic shifts and supply shortages have created a perfect storm of rent growth, economists say.
By Mary Salmonsen • May 10, 2022 -
Tenants facing eviction fared better under NYC's legal assistance program: study
Since New York became the first U.S. city to guarantee universal legal representation to low-income tenants in housing court, Princeton researchers say eviction warrants and monetary judgments against them are down.
By Danielle McLean • May 9, 2022 -
Fleeing 'superstar' cities, tech workers are moving to mid-size and smaller markets, causing housing, traffic concerns
After many Americans relocated to work remotely during the pandemic, smaller cities are now grappling with rising housing prices, traffic and homelessness.
By Karen Kroll • May 5, 2022