Rents: Page 5
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The cities with the most concessions
Landlords in 43 of the top 50 markets are offering more rental enticements than last year, according to a Zillow report.
By Leslie Shaver • Dec. 11, 2023 -
Rents enter third month of decline as winter begins
Despite slowing growth, the average rent is still over 20% higher than it was before COVID-19.
By Mary Salmonsen • Dec. 7, 2023 -
Trendline
Top 5 stories from Multifamily Dive
A roundup of some of Multifamily Dive’s top stories of 2024.
By Multifamily Dive staff -
Deep Dive
Heavy concessions are helping renters move up
In what has been a surprise to both executives and analysts, effective class B rents have been falling in high-supply markets.
By Leslie Shaver • Dec. 5, 2023 -
New housing slows regional rent growth: NYU researchers
While new properties attract wealthier residents, their movements create a “chain effect” that frees up older units, according to a new report.
By Mary Salmonsen • Dec. 4, 2023 -
Analysts downgrade 3 REITs on heightened supply concerns
Multiple investment banks have cut Camden, UDR and MAA as bad debt and interest rate increases also pose problems.
By Leslie Shaver • Nov. 28, 2023 -
Opinion
NMHC survey reveals renters’ top preferences
Prospects are most drawn to practical features such as air conditioning and in-unit washers and dryers, according to a new report.
By Sarah Yaussi • Nov. 27, 2023 -
Fannie Mae extends Positive Rent Payment program
In just over a year, the program has helped 23,000 renters establish a credit score.
By Mary Salmonsen • Nov. 21, 2023 -
Rents continue falling amid recession concerns
Northeast and Midwest markets are growing, while the West and Sun Belt see rent declines related to new supply.
By Mary Salmonsen • Nov. 20, 2023 -
REIT Report
EQR reports strength on the East Coast
Washington, New York City and Boston thrive, while Seattle and San Francisco struggle.
By Leslie Shaver • Nov. 16, 2023 -
REIT Report
Essex sees delinquencies drop in October
The REIT predicts growth potential from tech jobs in its West Coast markets, with limited new supply competition.
By Leslie Shaver • Nov. 14, 2023 -
Sponsored by Apartments.com
Mid-priced apartments drive a potential multifamily recovery
The multifamily market has begun to approach stabilization in the third quarter. However this normalization trend has shown stark divides among property classes.
Nov. 13, 2023 -
REIT Report
‘Unprecedented’ concessions from competitors put pressure on UDR
Sun Belt supply is an issue, but the REIT also sees increased competition on the coasts.
By Leslie Shaver • Nov. 9, 2023 -
REIT Report
Bad debt, oversupply suppress Camden’s Q3 results
Delinquencies, skips, fraud and lease breaks have jumped for the firm in the second half of the year.
By Leslie Shaver • Nov. 7, 2023 -
REIT Report
AVB adjusts return expectations on new development
Move-outs to new homes fell for AvalonBay, but executives expect market deceleration in 2024.
By Leslie Shaver • Nov. 2, 2023 -
REIT Report
MAA’s new lease rents fall due to competitors’ concessions
A glut of new supply is providing obstacles and opportunities for the REIT.
By Leslie Shaver • Oct. 31, 2023 -
Seasonality, supply will be a double whammy for operators this winter
Lease renewal management and concessions can help when demand softens, industry pros say.
By Leslie Shaver • Oct. 24, 2023 -
Sponsored by Apartments.com
10 markets where rent growth is outpacing inflation
Even as national rent growth has fallen below inflation, these markets are seeing rent growth exceeding the latest inflation rate. Is yours on the list?
Oct. 23, 2023 -
FTC drafts ban on junk fees
The proposal would prohibit businesses from advertising prices or rents that leave out mandatory additional costs.
By Mary Salmonsen • Oct. 17, 2023 -
Sponsored by Apartments.com
Is the multifamily market finally stabilizing?
The last few years have seen rocketing growth and dramatic declines in the multifamily market. This may be changing, as rent growth appears to be normalizing and the trajectory for vacancy rates has begun to flatten.
Oct. 16, 2023 -
Rents drop due to heavy new apartment supply
Multifamily faces headwinds from a slowing economy and a strong delivery pipeline.
By Mary Salmonsen • Oct. 13, 2023 -
Q&A
How centralization can smooth an operator’s expansion to BTR
Georgia-based Landmark Properties is known for student housing. Now it's moving into single-family rentals.
By Leslie Shaver • Oct. 12, 2023 -
Turnover costs hold steady at nearly $4,000 per resident
The lost revenue associated with flipping an apartment adds up, but there are things owners can do to keep renters in place, according to a new report.
By Jennifer Goodman • Oct. 11, 2023 -
Moody’s: Student housing sees rebound
Occupancy and rental rates have jumped since the pandemic, but inflation remains a hurdle for owners and developers.
By Leslie Shaver • Oct. 11, 2023 -
Q&A
Cindy Clare: Budgeting is a lot harder right now
As the market returns to seasonal patterns and supply increases, operators are preparing for a more volatile year.
By Leslie Shaver • Oct. 10, 2023 -
2 more Houston properties in financial trouble
As debt costs soar and other expenses rise, more owners in the city could be challenged.
By Leslie Shaver • Oct. 3, 2023