Archives for Matthews REIS / Page 106

Proving its recession-resiliency, self-storage remained a strong performer throughout the initial wave of COVID-19, and has since produced arguably two of the best quarters of occupancy and rental rate growth in the industry’s history. As of June 2021, street rates have accelerated significantly – posting the highest average rental rates since September 2017. Also, due […]

South Los Angeles contains only about 10% of the County population, and includes a higher concentration of minorities, persons below 18 years of age, and individuals and children living below the poverty line. All these characteristics set the stage for understanding the labor and housing market in South Los Angeles. South Los Angeles has a […]

  Large volumes of new multifamily units are stretched across the United States, but delays make it difficult to get these properties across the finish line. With building material supply chain disruptions, a dire shortage of qualified labor, and difficulties obtaining approvals, developers face headwinds to complete projects on time and within budget.   While […]

Dallas-Fort Worth (DFW) has consistently ranked for top place to work, live, and the best place for investment prospects, according to Bloomberg Businessweek, Forbes, Fortune, and Site Selection magazine. It is a top region for business due to the low cost of living, a business-friendly environment, and a strong network of well-educated and skilled employees. […]

Multifamily in the East Los Angeles submarket is generally smaller, older, and less luxurious compared to other parts of the Los Angeles metro. As a result, average rents in this market remain among the lowest in Los Angeles. However, in recent years, low vacancies translated into healthy rent growth. The combination of low vacancies, healthy […]

  A large concentration of major media companies reside in the Tri-Cities submarket and are the cornerstone of the economy. In normal economic times, employees of these media companies help drive apartment demand. That, coupled with significant supply constraints and healthy occupancy levels, are the pinnacle of multifamily market health. Once a hotspot for multifamily […]

Raleigh ranks second for the fastest-growing cities in the United States by Carolina Demography, with an annual population increase of two percent. The city is part of The Triangle (a term used to define the metro area, including Durham and Chapel Hill), known for its award-winning hotels, spas, food, museums, and university gardens. Raleigh has […]

Overview of Short-Term Rentals Short-term rentals, otherwise known as vacation rentals, are typically furnished lodgings that are rented for short periods. These rentals can be more appealing than hotels because of the prices, furnishings, and space. Various companies, such as Airbnb and VRBO, serve as the “middle-man” between the renter and the host. The market […]

  Inland Empire, CA The Inland Empire encompasses 4,850 square miles and is located inland of and adjacent to Los Angeles. The market is home to approximately 4.6 million people, serving as a lower-cost option for those looking to reside outside the Los Angeles metro. Today, the Inland Empire has a 14 percent higher homeownership […]