Market Trends

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.

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.

The 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.