The economy has been steady thus far in 2024, although persistent inflation leading to high interest rates have been the thorn in the side of many economists. Multifamily fundamentals had a decent leasing season, but the end of the supply wave has kept performance in check. Demand remains strong, and units are absorbing, but annual rent growth is negative, especially in sunbelt cities. As we move away from the prime leasing season, performance will likely soften, but for most markets, especially those on the coasts and in the Midwest, the softening will reflect typical seasonal patterns. 🖥️ Blog post: https://lnkd.in/dVCVj9zA 🎙️ Listen on Spotify: https://lnkd.in/diXfKaae 🎧 Listen on Apple: https://lnkd.in/dJe8gbFM #multifamilydata #RealEstateData #MultifamilyMarket #Radix #thetruthindata
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It's an idea, maybe not the best one. You see, interest rates have fluctuated throughout history. Sometimes they are up and sometimes they are down. What has consistently increased? Rental rates. These have increased annually by a national average of 8.85% since 1980. I'd love to show you some different payment scenarios so you can compare and make the best decision. Let's talk.606.923.8726
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It's an idea, maybe not the best one. You see, interest rates have fluctuated throughout history. Sometimes they are up and sometimes they are down. What has consistently increased? Rental rates. These have increased annually by a national average of 8.85% since 1980. I'd love to show you some different payment scenarios so you can compare and make the best decision. Let's talk.502-550-7430
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It's an idea, maybe not the best one. You see, interest rates have fluctuated throughout history. Sometimes they are up and sometimes they are down. What has consistently increased? Rental rates. These have increased annually by a national average of 8.85% since 1980. I'd love to show you some different payment scenarios so you can compare and make the best decision. Let's talk.251-458-1650
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Old Republic Title - Senior Vice President - Director of Builder and Commercial Services - Western Title Division
CoreLogic's SFRI report uncovers the trends in single-family rent price changes, showing how renters are affected. Learn which areas have the highest rent increases and how it's impacting tenants' budgets.
SFR Rent Growth Reaches 16th Consecutive Month of Declines
connector.voicestorm.com
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Ranking Today's Largest Economies Between 2000 and 2020 (GDP) Visual Brought to you by rentzed.com, a Glassdoor for Rents where tenants can post and view rents by address. Make sure to add your rent history to it! It can help tenants negotiate rents and evaluate landlords!
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It's an idea, maybe not the best one. You see, interest rates have fluctuated throughout history. Sometimes they are up and sometimes they are down. What has consistently increased? Rental rates. These have increased annually by a national average of 8.85% since 1980. I'd love to show you some different payment scenarios so you can compare and make the best decision. Let's talk.502.797.2814
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It's an idea, maybe not the best one. You see, interest rates have fluctuated throughout history. Sometimes they are up and sometimes they are down. What has consistently increased? Rental rates. These have increased annually by a national average of 8.85% since 1980. I'd love to show you some different payment scenarios so you can compare and make the best decision. Let's talk.601-559-9011
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It's an idea, maybe not the best one. You see, interest rates have fluctuated throughout history. Sometimes they are up and sometimes they are down. What has consistently increased? Rental rates. These have increased annually by a national average of 8.85% since 1980. I'd love to show you some different payment scenarios so you can compare and make the best decision. Let's talk.502-382-7309
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Apartment builders and apartment investors would be well served to consider this 5 year view from Markerr before deciding where next to put their energy and dollars. Collating data from home prices, single family permits and population growth and using machine learning and AI technology, Markerr told us that in December 23 rental growth stayed negative at -2.1%. However, things are looking up and 2024 is predicted to go back to positive growth of 1.9% up to 2.2% over five years. Cities that slumped in 2023 included Phoenix, Vegas, San Francisco, New Orleans, Portland and Philadelphia. Cities to watch are Raleigh Durham and Knoxville with a five year growth predicted at 4.4%. Tertiarys will be the new primaries and coastals might not get past a limp with only 1.6% rental growth predicted over the next five years. All very fascinating, it will be interesting to see which of these predictions actually happen and how things play out.
Discover which markets experienced the most significant rent reductions in December 2023 and identify those expected to outperform in the next five years with our quantitative rent forecast. Coverage by GlobeSt.com: https://lnkd.in/e3F-x3db Markerr report: https://lnkd.in/eGc2e3bt
The Five-Year Forecast for Apartment Rent Growth | GlobeSt
globest.com
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It's an idea, maybe not the best one. You see, interest rates have fluctuated throughout history. Sometimes they are up and sometimes they are down. What has consistently increased? Rental rates. These have increased annually by a national average of 8.85% since 1980. I'd love to show you some different payment scenarios so you can compare and make the best decision. Let's talk.412-670-2532
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