Saturday, April 5, 2025

concessions

High-income millennials and Gen Zers are choosing Class A apartments over home ownership. Is it a lifestyle choice or the economy?

INFOGRAPHIC: A luxury vibe

High-income millennials and Gen Zers are choosing Class A apartments over home ownership. Is it a lifestyle choice or the economy? National Class A rents average $660 to $2,000 below the average monthly mortgage Hospitality-focused apartments Class...

Multifamily concession offerings on the rise

Multifamily concession offerings are on the rise nationally as rent growth slows. According to Fannie Mae, almost 21 percent of multifamily units were offering concessions averaging five percent as of Q2 2024. The return...

Factors driving apartment demand and consumer sentiment

Last year’s surprising upside in apartment demand is expected to continue this year, even if the pace of absorption slows due to fewer new deliveries, said RealPage Chief Economist Carl Whittaker, who...

Apartment market fundamentals stabilized in July, reports RealPage

According to data from RealPage Analytics, apartment fundamentals stabilized in July. Rent growth and occupancy remained relatively steady during the month. National occupancy was 94.2 percent for the third straight month, which...

Renters slow their roll

Over a third of U.S. renters have lived in the same home for at least five years—up from 28.4 percent a decade ago according to a new report from Redfin. Economic fundamentals are likely...

Rising credit card debt signals challenges ahead for multifamily

Increasing household debt and delinquencies signals challenges ahead for multifamily owners, operators, and renters. Rising credit card debt and high credit-card interest rates make it difficult for renters to make ends meet,...

Apartment renters signing longer leases than ever

Higher than average demand in the first half of 2024 failed to keep pace with the unprecedented supply that delivered during the same period, according to RealPage Analytics. With national apartment supply...
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