U.S. Median Rent for One-Bedroom Apartment is $1,129

Rental information site Zumper recently released their National Rent Report for December showing that the median national rent for 1-bedroom apartment was $ 1,129 and $ 1,340 for a 2-bedroom apartment.  San Francisco continues to dominate their National Rent Index of 100 cities at $ 3,300/$ 4500 with...
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Women Homebuying Facts

What is the purchasing power of women when it comes to buying a home?  Mortgage insurer MGIC recently pulled together the following data to illustrate the purchasing power of women when it comes to homebuying.  After all, the 2nd largest group of homebuyers, after married couples, are single...
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Total U.S. Construction Up Slightly

The U.S. Department of Commerce is reporting that construction spending during October, 2016 was estimated at a seasonally adjusted annual rate of $ 1,172 trillion which is 0.5% above September’s number and 3.4% higher than one year ago.  Total spending through October was $ 972.2 billion, 4.5% higher...
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Q3 National Apartment Vacancy Rate is 4.4%

Q3 National Apartment Vacancy Rate is 4.4% According to apartment data provider REIS the national apartment market’s vacancy rate was 4.4% in Q4 2016.  In their data from the top 50 apartment markets, they report new construction levels that haven’t been seen since 1998.  In addition, they predict...
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