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Median Asking Rents Down in December

Median Asking Rents Down in December

by Phil Hall | Jan 25, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The median asking rent for 0-2 bedroom properties in the 50 largest metros was $1,713 in December, according to new data from Realtor.com. This is down by $7 (-0.4%) from December 2022 and down $63 (-3.5%) from its July 2022 peak – although it is also $309 (22%)...
Apartments by Marriott Bonvoy Brand to Expand in Three Countries

Apartments by Marriott Bonvoy Brand to Expand in Three Countries

by Phil Hall | Jan 25, 2024 | International Real Estate News, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Marriott International Inc. (NASDAQ: MAR) announced plans to expand its new Apartments by Marriott Bonvoy brand offering through new development agreements in the U.S., Italy and Saudi Arabia. The brand offers premium and luxury apartment-style accommodations where...
Median Asking Rents Down in December

Study: Renting is More Affordable Than Homeownership in Nearly 90% of Local Markets

by Phil Hall | Jan 18, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The rent for a median three-bedroom unit is more affordable than owning a similarly sized home in nearly 90% of local markets around the nation, according to the 2024 Rental Affordability Report published by ATTOM, which noted this extends trends from 2023 even as...
TCS Property Management Expands to Four New Markets

TCS Property Management Expands to Four New Markets

by Phil Hall | Dec 27, 2023 | News/Current Events, Real Estate News, WRE News Exclusive

TCS Property Management, a single-family property management firm based in Philadelphia, has announced it expansion into four new markets. With a strategic emphasis on joint venture partnerships, TCS Property Management began operations in Atlanta, Nashville, Phoenix...
Hits and Misses for the Real Estate Week of Dec. 11-15

Hits and Misses for the Real Estate Week of Dec. 11-15

by Phil Hall | Dec 15, 2023 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Federal Reserve’s mixed messaging, a music icon’s embrace of commercial real estate and a new record level of homelessness. From the wild and wooly world of real estate, here are the hits and misses for the week of Dec. 11-15. Hit: Keeping a Finger on the Pause...
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