Tag: REIS
Landlord: Apartment Market Vacancy is Under 5%
You won’t see much of this sign in 2012. The apartment market is officially a “landlord’s market” with the national vacancy rate expected to fall to 4.6% this year, according to REIS, a commercial landlord research company (analyses’ 40 units or higher projects). This translates to rents will continue to rise in 2012 and beyond.…