Posts

U.S. Needs 4.3M More Apartments by 2035 to Address Demand, Deficit and Affordability

Image
U.S. Needs 4.3M More Apartments by 2035 to Address Demand, Deficit and Affordability:  Amidst demographic shifts and lingering pandemic impacts on the population and broader economy, the U.S. faces a pressing need to build 4.3 million new apartments by 2035, according to a new study commissioned by the National Multifamily Housing Council (NMHC) and the National Apartment Association (NAA). Key findings: Shortage of 600,000 apartment homes. The 4.3 million apartment homes needed include an existing 600,000 apartment home deficit because of underbuilding due in large part to the 2008 financial crisis. Loss of affordable units. The number of affordable units (those with rents less than $1,000 per month) declined by 4.7 million from 2015 to 2020. Homeownership. Apartment demand also factors in a projected 3.8% increase in the homeownership rate. Immigration. Immigration is a significant driver of apartment demand, and levels tapered before the pandemic has remained low. A reversal o...

Houston The Number 1 Spot for 2021 And The Migration Continues for Other Cities In Texas Also

Image
  https://www.pensketruckrental.com/renting-from-penske/blog/penske-top-ten-moving-destinations/ Check out the article for more details! And if you're in need of an apartment in Houston, look no further, we got you covered. Call or submit your contact information at AptExpert.com Our free apartment locator service will find the perfect place for you and your family. "Opening Doors For You Since 1992" Visit the website to submit your contact information and put a licensed, caring professional to work for you today, 100% Free service ! We're paid by the property owner for providing a new resident!     

Why Rental Prices Are Going Up

Image
  Time Magazine Rental prices going up  BY ABBY VESOULIS - Author G arrett deGraffenreid, a 23-year-old New York University graduate student, knew the rent on his one-bedroom Manhattan apartment would jump when he saw a Trader Joe’s grocery store pop up down the block. “The writing was on the wall,” he says. What he didn’t anticipate was just how much his rent would rise. When deGraffenreid and his partner signed a lease last year, they paid about $1,600 per month. On Feb. 11, they received a notice informing them that a new lease beginning next month would cost $2,750 per month: a 69% surge. “It felt defeating,” says deGraffenreid. He responded to the notice with a plea for a more reasonable rent increase, but was met with a “brick wall” response. The gist of their message was: "There’s nothing you can do so don’t waste your time trying. Good luck!" He isn’t alone. Similarly jarring double-digit rent spikes are happening all over the country. In Henderson, Nevada, rents rose...

Houston Apartments Forecast "Sunny With A Chance Of Serious Cost Increases"

Image
This is a hot topic and we've been trying to convey it to our clients. Properties are full in many areas of Houston, especially in the suburbs where rental rates seem to be a little lower than downtown. And yes, rents have skyrocketed. The rental rates are not expected to go down and that's why you need an apartment locator, we do the research for you. Some of our previous clients are now experiencing lease renewal increases of $200+ monthly. Quotes we provided to our clients a couple of months ago who were looking a little early are now $100 to $200+ above those prices!  Every industry and business has been affected by shortages but especially the housing market, multifamily housing as in apartments, to homes for sale and even rental homes and that's all due to the pandemic causing a shortage of building supplies among other things. Once you read the touchpoints of this article you'll see what we've been talking about. The largest property management companies, Gre...

Anxious April: Multifamily Braces For A Difficult Month

Image
Anxious April: Multifamily Braces For A Difficult Month: Multifamily owners and operators are bracing for April 1 amid widespread job losses. Shared by AptExpert.com - Kathy Curtis, Texas Apartment Locators If you're looking for an apartment home, townhome, mid rise or luxury high rise rental, we can assist you and our service is free. In light of the Coronavirus pandemic, AptExpert.com has taken our operation to an online platform. We can assist you remotely, please visit the website to submit your contact information or contact by phone. #StaySafeWorkSafe  Thank you.   Let's take good care of each other!

Let Us Help You Find The Perfect Apartment In The Best Location!

Image
https://aptexpert.com Let us help you find the perfect apartment in the best location!  Visit https://AptExpert.com to submit your contact information and let's get started finding the perfect apartment home for you today! Free service, licensed agent, we've got apartment deals for you! All Houston Areas Served! Apartments For Rent 

The Top 25 Public High Schools In The Houston Area For 2020

Image
Follow this link to c heck out the schools Are you looking for an apartment home assigned to one of the top rated Houston High schools? Let us help, visit  AptExpert.com to submit your contact information to get started.  Visit our office at 119 Bay Area Boulevard next door to Enterprise and Pizza Hut, Webster, Texas 77598 And please ask for Kathy Curtis!  AptExpert.com - Kathy Curtis, Texas Apartment Locators Houston Put a trusted professional to work for you today, our apartment locator service is totally free!