Please wait as we prepare your PDF file ....

Mission Chronicle Blog

Search Blog

our goal is to help you stay informed by providing timely and interesting articles.

LA rent rising high despite mediocre job growth

07/05/2016

Download PDF

U.S. apartment rents have increased for the third-straight month, according to Yardi Matrix’s monthly survey of 119 markets. June rent rates increased by exactly $10, or 0.9 percent, to another all-time high of $1,213. Rents were up 2.7 percent in the second quarter of 2016 and climbed 5.6 percent on an annual basis. Year-to-date rents increased 4.2 percent, which is almost to the tipping point of the forecasted total 2016 growth. Although home prices increased pretty consistently, rental growth has slowed. Annually, rent growth dipped 30 basis points and is down 110 basis points from the most recent high reported in October. Prices have steadily risen since the start of the year. Yardi studied the Brexit in its June report as well, but the company doesn’t believe the overseas s…

Source: click here

Read More

INSPIRED, INTELLIGENT, INSIGHTFULL

STAY INFORMED WITH TIMELY AND INTERESTING ARTICLES FROM OUR BLOG, MISSION CHRONICLE. OUR ASPIRATION IS TO PROVIDE REALTORS AND OTHER REAL ESTATE INDUSTRY PROFESSIONALS WITH EXCEPTIONAL RESOURCES AND SHARE OUR KNOWLEDGE TO PROPEL YOU TO YOUR GOALS.

  • 5 things to remember when selling a home for the second time

    It’s not uncommon for buyers we’ve represented in the past to get in touch when they want to sel...

  • EyeSpy360 is the virtual tour platform you don’t know you’re already using

    Have suggestions for products that you’d like to see reviewed by our real estate technology ex...

  • 5 trending energy-efficient features your buyers are looking for

    For luxury homebuyers, energy-efficient features are an appealing add-on. Buyers are on the lookout ...

  • Fast (and well-timed), video-tour app Replay Listings hits all the marks

    Have suggestions for products that you’d like to see reviewed by our real estate technology ex...

  • Bring your design in-house with RelayThat’s easy-to-use tools

    Have suggestions for products that you’d like to see reviewed by our real estate technology ex...

  • Digs app unearths the saving secrets to homebuying

    Have suggestions for products that you’d like to see reviewed by our real estate technology ex...

  • Trending flooring styles that sell

    For many buyers, flooring is an unexpectedly key factor in the choice of a home. Flooring can unify ...

  • PlanetRE’s consumer app is more MLS than search friendly

    Have suggestions for products that you’d like to see reviewed by our real estate technology ex...

  • Daily Dispatch: Has the virtual brokerage finally arrived?

    Every day, Inman founder Brad Inman texts and talks with many of the most important people in the re...

  • Daily Dispatch: The new vacation rental landscape

    Every day, Inman founder Brad Inman texts and talks with many of the most important people in the re...

July 2020
Mon Tue Wed Thu Fri Sat Sun
 12345
6789101112
13141516171819
20212223242526
2728293031  

  • Polls

    What information you are looking for?

    View Results

    Loading ... Loading ...
  • Last month Results

    How Is My Site?

    • Good (100%, 3 Votes)
    • Excellent (0%, 0 Votes)
    • Bad (0%, 0 Votes)
    • Can Be Improved (0%, 0 Votes)
    • No Comments (0%, 0 Votes)

    Total Voters: 3

    Vote

    Loading ... Loading ...