MARKET INTEL

Intel

2 Arizona Cities Top the List of Best Places for Renters

Crunching the data across 23 metrics for the 96 most populated U.S. cities, Forbes Advisor has uncovered a list of the best cities suited for renters. Considering rental prices, sizes, affordability, crime, amenities, and neighborhood features, Chandler, Arizona, came in as No. 1, followed by Gilbert. The overall Phoenix metro

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Intel

Rental Competition Heats Up Despite Weakening Market

The nation’s apartment markets have become much more competitive over the last year, according to a new report from Berkadia. Yet, the report says, occupancy rates are holding their own. Apartments are being filled largely by job creations that, while moderating over the previous 12 months, are still outpacing the

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Intel

Big Switch for Renters as Wages Ramp Up More than Rent Growth

Wages are finally outperforming rents and by a wide margin. The trend is expected to continue in the immediate future, according to Jay Parsons, Chief Economist of RealPage, who also authored this recent report. Year-over-year wage growth in the country topped effective apartment rent growth for nine consecutive months; specifically,

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Intel

Here’s How Many Renters Compete for Each Vacant Apartment in Phoenix

RentCafe just released the highly anticipated Market Competitivity Report, which unveils how easy — or how difficult — it was to find an apartment and how many renters compete for each vacant apartment in peak rental season in 139 U.S. markets. The report is based on 5 relevant metrics: number of prospective renters per vacant unit, number of vacant days for an apartment, occupancy and lease renewal rates, share of new

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