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Apartment rent and occupancy hit record highs, even as market enters its traditionally slow season
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 new...
With real estate tax bills about to rise, Springfield officials highlight available relief
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 to...
Warehouse space is harder to find as the commercial real estate market heats up
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 estate...
These 10 regions have the best real estate prospects for investors
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 of...
Decarbonizing real estate: What’s here — and what’s hype
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 the...
Carriage houses are D.C.’s old new real estate
Source: AXIOS Washington D.C. --- Carriage houses, in D.C. and other historic cities, are gaining popularity again thanks to a variety of viral video tours and TikTok content. Why it matters: As D.C.’s real estate market continues to be hotter than ever, emphasis on...
