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 [...]
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 [...]
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 [...]
While sales numbers have declined since the first of the year, mid-valley real estate agents remain hopeful the market will improve.
At the same time, more homeowners are opting to put their houses up for rent.
“Sales aren’t dead,” said Art Prouty of Town & Country Real Estate, “but they have slowed quite a bit.”
Albany housing sales [...]
Renters looking to live closer to work and play are making apartments scarce and driving up prices in the downtown Miami area, according to a recent tracking report.
Fewer than 800 units are available for rent, despite a construction boom during the last five years that produced nearly 21,000 new residences.
Bal Harbour-based Condo Vultures Realty says [...]
It’s become a well-known fact that the traditional ‘fly-to-let’ rental market in Spain is suffering from over saturation.
Coastal resorts are certainly as popular as ever, with Spain remaining one of the top holiday hotspots with British and European tourists, but when a situation of over supply hits the holiday property market it certainly makes it [...]
Goa has always been a popular tourist destination in India with a strong local market demand where more small developments are required. Long gone are the days where holiday makers would simply want to check-in to hotels; now the demand is for local gated communities.
One of the developments being sought after by investors is the [...]
SYDNEYSIDERS are caught in a bind as rising interest rates push more people into mortgage stress at the same time as the rental squeeze makes it impossible for people in some suburbs to find rental accommodation. Young families are particularly exposed.
A million households, or 15 per cent of all home-loan borrowers, could be in mortgage [...]
Real estate prices in Scotland are letting faster than at any time in recent years with continuing high tenant demand, according to latest research by Scotland’s leading online letting portal Citylets.
The Citylets quarterly report, Trends in Scottish Residential Lettings, released today, shows that more properties are being let, and being let more quickly, than in [...]
The Real Estate Group’s July Manhattan Rental Market Report, released today, suggests that landlords with large building portfolios can’t resist raising rents, even in a weak market. Doorman unit inventory continues to increase, and prices have followed. Defying traditional laws of supply and demand, the Manhattan rental (http://www.tregny.com/) market has sparked much confusion this month.
“The [...]