As the oldest Millennials are approaching 40, their needs are changing. Because they have different factors influencing their needs than they did in their 20s and 30s, Millennial renters’ preferences have shifted considerably.
This month, the nation’s average monthly rent for a luxury apartment will top $2,000 for the first time.
Rising home prices and interest rates will decrease housing affordability even further in the months ahead, predicts National Association of Home Builders Chief Economist Robert Dietz.
As the Fed plans tapering its mortgage-bond purchases, mortgage rates are heading higher.
Tax reform is one of the most significant issues every commercial real estate investor needs to monitor. Tax changes can force investors to radically shift their investment strategies over both the short- and long-term horizon.
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.