Apartment rents across the nation have soared over the past several years amid the expanding job market, the primary driver of demand for apartments, and a continued preference for renting over owning among some people.
Market Trends
Selling Multifamily Property: Guide with eXp Commercial
Learn the process of selling your multifamily property with eXp Commercial. Maximize value and createRead more
Continue reading
Market Trends
Selling an Apartment Building FAQ’s
Are you thinking of selling your multi-family property? Here are some of the most frequentlyRead more
Continue reading
Market Trends
If You’re Hesitant To Hire A Broker For Your Multifamily Property Read This
The most important benefit of exclusively listing your property with a broker is representation.
Continue reading
Market Trends
Should I Sell or Should I Hold? When is the best time for asset repositioning?
It doesn’t really matter what the current real estate market is like if you areRead more
Continue reading
Market Trends
Why Should I Sell My Multifamily Property?
There are a number of reasons why people decide to sell their multifamily property, butRead more
Continue reading
The Downtown Chicago apartment market has had a banner start to 2018, with a record 2,300 net units leased in the first five months of the year.
It may sound like bad news for the apartment sector: rent growth may stay relatively flat in the second half as vacancies and interest rates climb. But multifamily analysts insist the sector is going to remain strong over the long-term as investors search for properties to buy.
Multifamily Sales Continue to Trend Downward in City, While Suburban Sales Volume Sets New Record
The owner of one of the biggest apartment complexes in the Chicago area has refinanced the property with a new mortgage, pocketing nearly $46 million in the process.
The average apartment rent has grown a lot faster than paychecks for many households. As a result, nearly half (47 percent) of the households—20.8 million—who rent their housing in the U.S. spent more than 30 percent of their income on rent in 2016, the most recent period for which data is available.