The U.S. apartment vacancy rate increased marginally in the fourth quarter from the third as supply exceeded demand, according to a report from Reis.Read More
An Alternative To Traditional Real Estate Investing
Ninety-five percent is a benchmark for apartment occupancy. It is the level at which Axiometrics considers a property or market “full.” And May 2017 apartment market research shows that that the sector once again has a full house.Read More
If you are a first-time renter or looking to upgrade to a bigger, newer apartment, now may be your best chance.
Demand for rental apartments fell short of new supply by about 100,000 units nationwide, according to RealPage, a real estate analytics firm. Apartment occupancy is still high, but it is softening a bit, dropping to 94.5 percent in the first quarter of this year, compared to 95.1 percent at the end of 2016. Occupancy has been falling for the past six months.Read More