Market Intel

Intel

Phoenix is No. 1 in nation for monthly rent growth

Nationally, effective asking rents for U.S. apartments climbed 1.3% in April, rising at the fastest pace seen during a single month for the past decade or so and likely at the fastest pace ever, according to new data from RealPage, the leading provider of software and analytics for the real estate industry.  In Phoenix,

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Intel

Multifamily Supply and Demand Gets Tricky After Pandemic Lockdowns

While multifamily was one of the “hardest hit sectors,” during the pandemic, according to DLA Piper Global Real Estate’s 2021 Annual State of the Market Survey, it’s coming back. “Multifamily, affordable housing and hotels/lodging have gained significant momentum, with 49%, 32% and 22% of respondents, respectively, finding them attractive for

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Intel

Migration to Sun Belt Continues Through Pandemic

The Sun Belt once again benefited from strong population growth trends in 2020, the latest U.S. Census Bureau estimates show. The state-level census figures from earlier this year gave a glimpse at what to expect on the metropolitan area level, with large Sun Belt states such as Texas, Florida, Arizona,

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Intel

Real Estate Intelligent Interview Series: Victoria Miachika

THE REAL ESTATE INTELLIGENT INTERVIEW SERIES PROFILES EXPERTS IN THE MULTIFAMILY AND DEVELOPMENT INDUSTRY. AN INTERVIEW WITH VICTORIA MIACHIKA, FOUNDER AND MANAGING MEMBER OF REAL ESTATE INTELLIGENT MARKETING. TELL ME ABOUT YOUR JOURNEY INTO MULTIFAMILY SALES AND DEVELOPMENT. HOW DID YOU GET STARTED? When I moved to Arizona in 2010,

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Intel

Apartment Rents Rose Last Month at Fastest Pace Seen in a Decade

US apartment rent growth is back in a big way, now that the country’s reopening local economies are fueling household creation and stimulating robust demand for all types of housing. Effective asking rents for US apartments climbed 1.3% in April, rising at the fastest pace seen during a single month

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Intel

Phoenix Tops US in Net Migration For Third Straight Year

Phoenix has maintained its ranking as the top metropolitan area in the nation for net migration for a third consecutive year, according to the latest data from the U.S. Census Bureau. Multifamily landlords and homeowners welcomed the nearly 89,000 people who moved to the Phoenix market between July 2019 and

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