As foreclosures turn former homeowners into renters and new buyers stay on the sidelines, the apartment sector relishes its nascent recovery. Increased demand begat higher occupancy rates and rents, as well as new construction despite lingering headwinds from a sluggish economy. Homeownership — long considered the quintessential American dream — is at a 13-year low, but apartment growth, which was also hurt with the economic downturn, is seeing a comeback of sorts.
Rethinking the dream
Most Popular Articles
Latest Articles
6 best places to buy real estate leads in 2024
We recommend the best places to buy real estate leads to give you a shortcut to the closing table.
-
The 9 top real estate lead generation companies for 2024
-
How this week’s Fed meeting could impact inventory
-
FHA increases manufactured home loan limits in affordable housing push
-
Ginnie Mae seeks budget increase to manage sizable reverse mortgage portfolio
-
Panic! at the brokerage: Industry leaders plan next steps after NAR settlement