Economy Watch: Top Rental Markets Still Seeing Price Increases

May 9, 2017

Economy Watch: Top Rental Markets Still Seeing Price Increases

May 8, 2017 | by Dees Stribling | Commercial Property Executive

Despite talks of a pricing slowdown, the most expensive rental markets in the U.S. saw price increases in April, according to Zumper’s latest report. San Francisco and New York City remain the top two rental markets in the country.

Changes in apartment asking rents in the top 100 U.S. rental markets were a mixed bag in April, according to the latest Zumper National Rent Report, with some markets seeing increases in rental rates, and others drops. Moreover, in the most expensive markets, pricing trends were mostly upwards, while middle-tier and bottom-tier markets saw more mixed results

It’s only a month’s worth of data, but as peak moving season approaches, these results could indicate landlords are beginning to price apartments to reflect the upcoming increased turnover, said Zumper CEO Anthemos Georgiades in the report.

Read Full Article Here

Go Back
Gordon Dunne
September 30, 2019

“Always, but especially in this day of lawsuits and ever increasing regulations, the responsibility for a financial advisor t do their own due diligence on products they sell falls squarely on themselves. No one is going to take greater interest in protecting their practice than they are. We use the Blue Vault Partners Nontraded REIT Review to keep us informed of the performance of every single nontraded REIT. Finally, complete transparency is available for advisors using nontraded REITs. Every advisor using REITs in their practice should make the small annual investment of subscribing to Blue Vault’s reporting services.”