The National Multifamily Housing Council reported that 79.3 percent of surveyed households made a full or partial rent payment by August 6. That’s slightly better than last month’s 77.4 percent, and just shy of the August 2019 level of 81.2, according to NMHC’s Rent Payment Tracker .
While COVID-19 has slammed many parts of the economy, suburban apartments are performing well for one company.
(click to play video below) Low Rates Create Favorable Real Estate Investment Climate
If you live in a property covered by the CARES Act, landlords can now legally ask you to leave and start charging late fees, but the soonest they can legally file an eviction to force you to leave is Aug. 24.
An online real estate database company just released new figures showing that renters’ preferred location is tiling toward the suburbs.
Multifamily real estate has proved its mettle as a top-performing asset class. A big part of its recession-resistant nature lies in the resilience of housing and the basic need for shelter.