Apartment vacancies nationally dwindled to another record low in September at just 2.7%, according to RealPage, Inc. This marked the fourth consecutive month of record-breaking lows in a dataset going back three decades.
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Continue readingThe pandemic is altering the U.S. economy, changes in store bode well for commercial real estate.
Although demand, and therefore prices, remains high, the end of the summer shows signs of stabilization in the local housing market.
Investor sentiment elevated for the outperforming sectors – Apartment, Industrial and Self-Storage
Tight multifamily vacancy supports permit surge. Across the residential sector, permit activity climbed in August.
Property types most impacted by COVID – Hotels, Seniors Housing, Retail and Office