Category: commercial real estate
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Multifamily Rent Growth Across the Country Cools in Q2
According to a new report from CoStar Group, the national year over year rent growth was 9.2% in the second quarter of 2022, down from 11.4% in the first quarter
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Values way up so far in 2022 vs 2021
The information and links below are provided by Beau Beery, a Multifamily Power Broker with a Heart of Gold. The constant research and analytics that Beau does for his clients and customers keeps him on the pulse of the markets…
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‘The Fed may take June’s employment numbers as even more reason to continue a policy of rate hikes to cool down the economy.’
‘the Fed may take June’s employment numbers as even more reason to continue a policy of rate hikes to cool down the economy.’
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Multifamily 2022 Outlook
RENT – 13.7% increase in effective rent Record-low vacancy rates dissipate the need for concessions, stimulating annual rent gains for the 13th year in a row. The average rate will reach $1,876 per month in 2022, ranking Tampa third among…
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2022 1st Quarter Multifamily Recap (12 month Trailing) – Tampa/St. Petersburg/Sarasota/Bradenton/Gulf Coast
Investment Highlights • Tampa-St.Petersburg’s multifamily fundamentals are appealing to a wider range of investors, evident by recent trading activity. Transaction velocity more than doubled the previous year’s pace in 2021, resulting in the largest annual transaction total on record for…
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Mid-Week News and Economic Indicators
“A brave man acknowledges the strength of others.” – Veronica Roth
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Have a great 4th of July!
Happy Independence Day from Dreznin Pappas Commercial Real Estate 🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸
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Early Signs of Housing Price Recalibration asHigher Interest Rates Stunt Affordability
Multifamily serves as a relief valve. The relational value of rentals is improving as trends in the single-family housing market play out. In many instances, multifamily complexes are in better locations than homes that align with the budgets of most first-time…
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Anxiety, Optimism Collide in Apartment Industry
Periods of extreme optimism and those mired in a rising-inflation environment are circumstances the multifamily housing industry has dealt with before. But rare is today’s mood, according to RealPage’s Jay Parsons: “I’ve never seen so much exuberance about the ‘now’…
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Notable numbers in todays economy (June 24, 2022)
Via Robinhood Weekly News Update 6 notable numbers $156M: How much “Top Gun: Maverick” raked in on opening weekend, a Memorial Day record. Movie-ticket sales hit a 40-year low in 2020, but are rebounding as studios send hit franchises like…
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