• Tue. Dec 24th, 2024

John Triplett

  • Home
  • Winter Rent Dip Continues In January

Winter Rent Dip Continues In January

The winter rent dip continued in January with the sixth straight month of negative rent growth, as the nationwide median rent fell by 0.3 percent to $1,373, according to the…

55,000 Office-to-Apartment Conversions Underway in Major Cities

Office-to-apartment conversions show office buildings, “once the epicenters of the 9-to-5 grind, are being transformed into the new homes of urbanites, in a pandemic-driven remote-work new reality,” RentCafe says in…

Portland, Metro Area Rents Continue Decline

Portland rents declined 1.0% in December and are now down 5.4% year-over-year, according to the January report from Apartment List. Currently, the overall median rent in the city stands at…

New Warnings on Inaccurate Tenant Background Checks

The Consumer Financial Protection Bureau (CFPB) has issued a new warning to consumer reporting companies to address inaccurate tenant background check reports as well as sloppy credit-filing sharing practices, according…

Multifamily Rents Sliding, But Close 2023 With Slight Annual Gain

Multifamily rents extended their downward drop in December, falling for the fifth straight month, though they finished 2023 with a slight annual gain, Yardi Matrix writes in their December 2023…

Top 10 Cities To Watch For Rentals In 2024

Here are the top 10 cities to watch for rentals in 2024 in a RentCafe.com report showing which cities attracted the highest number of online engagements on RentCafe.com in 2023,…

Salt Lake City Rents Dip In December

The Salt Lake City median rent fell by 0.6% over the course of December, and has now decreased by a total of 2.3% over the past 12 months, Apartment List…

Oregon Unsure Where Pandemic Rental Assistance Money Went

Oregon auditors say they are unsure where millions of dollars of pandemic rental assistance relief money for landlords and tenants went, according to an audit from the secretary of state.…

Seasonal Rent Dip Sharper Than Usual

The rental market closed out 2023 with a seasonal rent dip for the fifth straight month of negative rent growth as the nationwide median rent fell by 0.8 percent to…

Multifamily Demand To Stay Positive, But Market Faces Hurdles

Multifamily demand is likely to remain healthy in 2024, though rent growth will be tested by decelerating economic growth and a rapid supply uptick in some markets, Yardi Matrix says…