Thursday, November 21, 2024

concessions

Multifamily oversupply conditions are improving

Multifamily oversupply conditions are improving, but not out of the woods yet. The good news is that some relief is expected by 2025, but Sunbelt markets may take 12 to 18 months...

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...

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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