The apartment market posted positive results in May 2013. Annual effective rent growth was 3.34% while the occupancy rate increased 35 basis points (bps) from a year ago. Despite the recent, consistent slowing trend in effective rent growth at the national level, results did bump up slightly from April 2013 to May 2013, even though [...]
Dallas and Houston among the Top Searched Markets When it comes to determining the best place to develop, buy and/or own an apartment property (or a portfolio of apartment properties), it is important to examine the area’s economic and demographic variables such as job growth and net domestic migration and population trends, education, income levels [...]
In Eric Klinenberg’s “Going Solo: The Extraordinary Rise and Surprising Appeal of Living Alone,” there are some interesting statistics about Millennials, people in their 20s and 30s or born in the late 1980s to the early 2000s. Millennials are different from previous generations in that they tend to stay in school a little longer than [...]
On Wednesday, May 29, 2013, U.S. Department of Labor’s Bureau of Labor Statistics (BLS) posted its preliminary April employment numbers by metropolitan statistical area (MSA). At the national level, the employment report reflected a modest increase in job gain while the unemployment rate was little changed. Total nonfarm payroll employment rose by 165,000 in April, [...]
“Boots-on-the-Ground” Construction Views In recent months, we’ve mentioned that more apartment units are being built in metro areas and secondary markets throughout the United States. Determining how many units are coming online – and what phase of construction those are in – can provide valuable information about how such construction activities might impact owners’ and [...]
By Ron Johnsey, June 14, 2013
The apartment market posted positive results in May 2013. Annual effective rent growth was 3.34% while the occupancy rate increased 35 basis points (bps) from a year ago. Despite the recent, consistent slowing trend in effective rent growth at the national level, results did bump up slightly from April 2013 to May 2013, even though [...]
By Ron Johnsey, June 13, 2013
On June 7, the U.S Bureau of Labor Statistics released employment figures for May, 2013. Statistically, unemployment stood at 7.6%, unchanged from April. The Bureau of Labor Statistics also pointed out that the number of unemployed persons was 11.8 million, again, unchanged from April. Also unchanged from April is that the long-term unemployed figure (which [...]
By Ron Johnsey, June 12, 2013
Dallas and Houston among the Top Searched Markets When it comes to determining the best place to develop, buy and/or own an apartment property (or a portfolio of apartment properties), it is important to examine the area’s economic and demographic variables such as job growth and net domestic migration and population trends, education, income levels [...]
By Ron Johnsey, June 5, 2013
On Wednesday, May 29, 2013, U.S. Department of Labor’s Bureau of Labor Statistics (BLS) posted its preliminary April employment numbers by metropolitan statistical area (MSA). At the national level, the employment report reflected a modest increase in job gain while the unemployment rate was little changed. Total nonfarm payroll employment rose by 165,000 in April, [...]
By Meagan Boyle, June 3, 2013
“Boots-on-the-Ground” Construction Views In recent months, we’ve mentioned that more apartment units are being built in metro areas and secondary markets throughout the United States. Determining how many units are coming online – and what phase of construction those are in – can provide valuable information about how such construction activities might impact owners’ and [...]
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Hi there! I’m a bike messenger by day, aspiring actor by night, and this is my blog. I live in Los Angeles, have a great dog named Jack, and I like piña coladas. (And gettin’ caught in the rain.)
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