Posts Tagged ‘
rental market ’
Oct 29th, 2008 |
By RT Staff |
Category: Northeast Region
Rising rents in the Boston area are forcing families to spend a higher portion of their income on housing costs, according to the Boston Foundation’s Housing Report Card, which was released yesterday.
Globe reporter Kimberly Blanton writes about the foundation report and rent prices in the city in today’s Business section.
At the same time, renter incomes [...]
Tags: Boston, landlords, Massachusetts, rental market
Posted in Northeast Region |
1 Comment »
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 [...]
Tags: apartment rents, apartments, condominiums, Pennsylvania, Philadelphia, rental market
Posted in Housing News, Northeast Region |
No Comments »
Oct 23rd, 2008 |
By RT Staff |
Category: Housing News
A new PhoCusWright study on the dramatic growth in the vacation rental market indicates that companies like Zonder, the leader in real-time, online booking of private homes, cabins, condos and villas, are well positioned to overcome distribution barriers and are making this attractive rental option accessible to consumers.
The study, PhoCusWright’s Vacation Rental Marketplace: Poised for [...]
Tags: rental market, vacation rental
Posted in Housing News |
No Comments »
Oct 23rd, 2008 |
By RT Staff |
Category: Housing News
Travelers looking for alternatives to hotels have helped grow the vacation rental market to a $24.3 billion industry, according to a new study.
Sherman, Conn.-based travel research group PhocusWright Inc. conducted the study, which forecasts that online vacation rental bookings will nearly double between 2007 to 2010. According to the study more than 40 percent of [...]
Tags: rental market, vacation rental
Posted in Housing News |
No Comments »
Oct 22nd, 2008 |
By RT Staff |
Category: International Realty
The number of people signing up for rented accommodation rose in September, with demand up 50 per cent year on year, according to the UK’s second largest lettings agent Your Move, which has 250 branches nationwide. The number of leases commencing in September jumped 4.34 per cent compared to August 2008 – far beyond normal [...]
Tags: international real estate, rental market, rental properties, UK
Posted in International Realty |
No Comments »
Oct 21st, 2008 |
By RT Staff |
Category: International Realty
Italian rental companies are reporting continued growth in the country’s rental market despite the economic situation, with particular opportunities in the south of the country.
“Overall, our business growth rate is 20%,” said Mendes Migotto, managing director of Gruppo Venpa 3, Italy’s largest rental company. “Our growth is accelerating. Despite the crisis, the rental market is [...]
Tags: international real estate, Italy, rental market
Posted in International Realty |
No Comments »
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 [...]
Tags: apartment rents, California, rental market, rental properties, San Diego
Posted in West Region |
No Comments »
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 [...]
Tags: apartment rents, Manhattan, New York City, rental market
Posted in Northeast Region |
No Comments »
Oct 13th, 2008 |
By RT Staff |
Category: South Region
Rental housing, that old housing standby of recent college grads and young professionals, is making a comeback with Middle Tennessee developers, in the latest sign of Nashville’s shifting real estate market.
Three local developers, including two with histories as condo builders, are pitching four apartment projects this fall in fast-growing neighborhoods near the city center.
With swimming [...]
Tags: condo market, condominiums, rental market, Tennessee
Posted in South Region |
No Comments »
Oct 12th, 2008 |
By RT Staff |
Category: West Region
San Francisco may be 3,000 miles from Wall Street, but the crisis that has engulfed the country’s biggest financial institutions is putting even more pressure on the Bay Area’s real estate market, making it increasingly difficult for home buyers to get credit.
Cheap credit played a dramatic role in fueling the housing boom of the late [...]
Tags: bailout, Bay Area, credit crisis, housing market, real estate market, rental market, San Francisco
Posted in West Region |
No Comments »