“Landlord’s Market” Expected in 2013 for Apartment Rentals

“Landlord’s Market” Expected in 2013 for Apartment Rentals

Posted on 29. Nov, 2012 by in News

2013 will be a “landlord’s market” for multifamily housing according to a forecast released Monday by the National Association of Realtors. Vacancy rates for apartment rentals are expected to remain low with increasing rents, according to the report. NAR expects the vacancy rate in the fourth quarter of this year to be 4% and 3.9% in the fourth quarter of 2013. Rates less than 5% are considered a landlord’s market.

Read More: http://www.marketwatch.com/story/apartment-rentals-a-landlords-market-in-2013-2012-11-26

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