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Apartment rent and occupancy hit record highs, even as market enters its traditionally slow season

Apartment rent and occupancy hit record highs, even as market enters its traditionally slow season

by Third Party | Dec 8, 2021 | News/Current Events, Real Estate News

Source: CNBC —  Apartment rent growth and occupancy set new records in November, yet another sign that the nation’s housing market isn’t following seasonal patterns this year. Rent growth and occupancy usually cool heading into winter. Apartment occupancy hit a...
With real estate tax bills about to rise, Springfield officials highlight available relief

With real estate tax bills about to rise, Springfield officials highlight available relief

by Third Party | Dec 7, 2021 | News/Current Events, Real Estate News

Source:WAMC —  Average single-family homeowner facing $216 increase With the average homeowner in Springfield, Massachusetts facing a higher real estate tax bill next month, city officials are advising that relief may be available. From property tax exemptions...
Warehouse space is harder to find as the commercial real estate market heats up

Warehouse space is harder to find as the commercial real estate market heats up

by Third Party | Dec 7, 2021 | News/Current Events, Real Estate News

Source: The Inquirer —  Despite the persistent uncertainty of the pandemic economy, the U.S. commercial real estate market continues to thrive, with “record-high asking rents driven by historically low vacancy amid robust demand for space,” according to real...
These 10 regions have the best real estate prospects for investors

These 10 regions have the best real estate prospects for investors

by Third Party | Dec 7, 2021 | News/Current Events, Real Estate News

Source: The Intelligencer —  The national housing market has been hotter than ever over the last couple of years, with markets across the country facing housing shortages and price increases that have made it tough for average buyers to compete. A perfect storm...
Decarbonizing real estate: What’s here — and what’s hype

Decarbonizing real estate: What’s here — and what’s hype

by Third Party | Dec 7, 2021 | Industry Updates, Real Estate News

Source:The Real Deal — In real estate, green isn’t the new black — not yet. But if the capital markets continue demanding greater sustainability and increasing the pressure on portfolios with high carbon emissions, it may soon be impossible for owners to stay in...
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