MARKET INTEL

Intel

CBRE: Multifamily Sector Starts to Stabilize

Research from CBRE finds that multifamily fundamentals are starting to stabilize as vacancy rate expansion and negative absorption ease—trends expected to continue through the remainder of the year. In the first quarter, the overall multifamily vacancy rate increased by 30 basis points (bps) from the fourth quarter to 4.9%. However,

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Intel

5 Arizona Cities Rank Among Most Desired Cities by Renters

RentCafe’s brand-new monthly rental activity report is here, based on proprietary data from our listing website, RentCafe.com. In April, renters intensely searched for rental apartments in Phoenix, and marked as favorite a great number of properties, making it one of the most desired cities by renters. That said, Phoenix gained a spot among the most in-demand U.S. cities by Arizona renters.  To compile

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Intel

Why RCLCO Encourages SFR Developers to Ready Their Shovels

Could it be that developers of for-rent single-family houses have only scratched the surface in satisfying demand for their products? It would seem so, according to a new report from real estate advisory firm RCLCO, which found that while just 40 percent of respondents to the firm’s new renter survey

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Intel

Most Renters Think They’ll Never Be Able to Buy a Home

Congrats to the half (51.5%) of Millennials who have moved into their own homes, unpacked boxes and now are walking their pandemic-adopted dogs in new neighborhoods and planting flowers and pulling weeds from their landscaped lawns.  However, the remaining half or a bit fewer still rent. And many are discouraged

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