It’s tough to keep moving forward if you don’t consider what is waiting to trip you up. There are usually multiple ways to look at anything. In the case of the Yardi Matrix National Multifamily Report for March 2022, you could emulate the late lyricist Johnny Mercer: accentuate the positive, eliminate the negative, and don’t […]
YardiMatrix predicts that rents will still remain elevated, with gains of around 4.8% over the course of the year. Multifamily rent growth is expected to moderate in 2022, after a year in which national asking rents were up 13.5%. New research from YardiMatrix predicts that rents will still remain elevated, with gains of around 4.8% over the […]
Property prices grew in 24 of the 25 markets over the quarter with only New York and San Francisco showing price decreases. Freddie Mac’s Multifamily Apartment Investment Market Index trended positive in the second quarter, buoyed by rising net operating incomes and low interest rates. The index is up 0.7% quarterly and 2.6% annually, while […]
Despite being handed out like candy in 2020, multifamily concessions are now on the decline, according to new research from Yardi Matrix. Concessions hit their peak over the summer but decreased in the fourth quarter, owing in part to job market gains and an increase in consumer sentiment as the economy reopened and COVID-19 vaccines […]
Measure Caps Properties Available Through Booking Sites To Ease Disputes, Boost Affordable Housing San Diego officials approved a licensing program intended to cap properties available for short-term vacation rentals on sites such as Airbnb at 1% of overall housing inventory. San Diego City Council has approved a licensing system for short-term vacation rentals hosted on […]
More owners are finding with increased housing scarcity and the looming specter of rent control, minimal value-add renovation for modest rental increases may be key.
For rental owners, a crucial element of promoting and leasing property often comes down to a need to know what a potential tenant is looking for in a unit.
Apartment Consultants Inc. (ACI) recently attended a presentation by the CoStar Group discussing the State of the Multifamily industry. This article consists of a summarization of notes from that presentation. ACI has been San Diego’s top multifamily apartment brokerage for the past 35 years. The group of experts lead by Product Marketing Specialist John Berryman, […]
Despite signs of tightening within the multifamily sector, the national rent growth roller-coaster continues to climb, albeit slowly, going into 2018. Although many real estate professionals see this as a sign that property values will soon decrease, any drop right now would likely be extremely shallow, buffered by a lack of supply nationwide. These are […]
Lacking multifamily construction continues to push San Diego County towards higher rents, higher occupancy USC Lusk 2017 Multifamily Forecast Report.
ACI is compliant with the standards set by the National Assocation of Realtors
