Including home buying and selling, commercial, international, NAR member information, and technology. Use the data to improve your business through knowledge of the latest trends and statistics.
Stay current on industry issues with daily news from NAR. Network with other professionals, attend a seminar, and keep up with industry trends through events hosted by NAR.
Including home buying and selling, commercial, international, NAR member information, and technology. Use the data to improve your business through knowledge of the latest trends and statistics.
Stay current on industry issues with daily news from NAR. Network with other professionals, attend a seminar, and keep up with industry trends through events hosted by NAR.
The weak economy along with high credit and downpayment requirements combined to expand the demand for rental housing. Furthermore, the recent economic downturn and housing recession created credit problems for a large number of Americans.
This rapid expansion of demand for rental housing resulted in strong rent growth in the first 3 quarter of 2011, which is expected to increase by 3.2% and 3.5% in 2012 and 2013, respectively.
The two markets with the lowest rental vacancy rates were both in Massachusetts; Worcester and Springfield.