Posts Tagged ‘ apartment rents ’

Apartment vacancies rising in Philadelphia

Oct 27th, 2008 | By RT Staff | Category: Housing News, Northeast Region

The vacancy rate for the Center City and suburban Philadelphia apartment markets is inching up, despite a renewed focus on rental living rather than buying a home.
Apartment landlords, particularly in lower-tiered complexes, are reporting that tenants are doubling and tripling up to save money, and in the upper echelon, more product is coming on the [...]



Cost of renting an apartment in San Diego remains stable

Oct 16th, 2008 | By RT Staff | Category: West Region

While home prices continue to fall, the cost of renting an apartment remains stable in San Diego County, according to a new survey by the research firm RealFacts Inc.
The average monthly cost of renting within complexes of 100 or more units increased less than 1 percent in the third quarter to $1,405, according to a [...]



Report: Manhattan Rental Market Softening

Oct 13th, 2008 | By RT Staff | Category: Northeast Region

A report shows that the Manhattan rental market has decreased slightly over last year.
The New York rental brokerage firm Citi Habitats says the price for all apartments, excluding one-bedroom apartments, dipped slightly between July and September compared to the same period last year.
One-bedroom apartments increased 1.7 percent.
The dip may seem to indicate a weakness in [...]



If You Can’t Sell It, Why Not Rent Your Home?

Oct 9th, 2008 | By RT Staff | Category: Housing News

The nation’s painful housing bust has put sellers in a serious lurch. To get their properties sold, many sellers will have to make sharp reductions to their asking prices-a necessary evil that can rob the investment of its return. But Danielle Babb has a different idea. In her book, The Accidental Landlord, Babb describes how [...]



Calgarians give up rent for home ownership

Sep 11th, 2008 | By RT Staff | Category: International Realty

A rental market survey shows that 38 per cent of rental units in Calgary turned over last year and the top reason for people leaving their units was for home ownership.
The survey, conducted by Canada Mortgage and Housing Corp. for the Calgary Apartment Association, said the next two top reasons were job relocation and financial [...]



Apartment Buildings Lose Their Immunity To Housing’s Chill

Aug 20th, 2008 | By RT Staff | Category: Housing News

For the past year, apartment buildings have been one of the few bright spots in the real-estate industry as people forced out of the home-buying market by foreclosures or the credit crunch have turned to renting.
But now the specter of job losses is beginning to spread the gloom into that sector as well. As would-be [...]



Atlanta rental market takes a hit as more share spaces

Aug 18th, 2008 | By RT Staff | Category: South Region

Althea Morrow considered moving into an extended stay hotel when the home she was renting went into foreclosure.
Instead, she’ll be living with her 24-year-old daughter, who has a four-bedroom apartment.
“It’ll save a little money, and I can help my daughter financially with the rent,” said Morrow, whose two youngest children also will be bunking with [...]



(Cheap) available apartments in Phoenix rental market

Aug 13th, 2008 | By RT Staff | Category: West Region

With more homeowners losing their homes to foreclosure, and home sales slowing the rental market has been flooded with potential tenants. But what could have been a boon for apartment complexes never has materialized.
With more affordable homes entering the rental market, apartment complexes are struggling to sign leases.
Between the first quarter of 2007 and the [...]



Essex rental market booming

Aug 13th, 2008 | By RT Staff | Category: International Realty

Letting agents and landlords in the Essex area are struggling to keep up with demand for rental accommodation, it has been claimed.
According to David Lancaster at the Chelmsford branch of estate agent Savills, among the most in demand properties are family-sized townhouses and cottages in areas within easy commuting distance of London.
Such is the level [...]



1 Million Consumers Go Online in July to Begin Their Apartment Leasing Process

Aug 12th, 2008 | By RT Staff | Category: Housing News

Realty DataTrust, makers of VaultWare(TM), the apartment industry’s leading online check-availability and reservation system, today announced that for the first time the monthly total for consumers checking specific apartment unit availability online exceeded the one million mark. The VaultWare reservation system logged the usage from July 1 - July 31, 2008.
Representing a historic milestone for [...]