Articles About Vacancy Rate
- Author:
- Mike Ochs
- Posted:
- 01.26.2010
It’s a Renter’s Market
Apartment vacancies in the United States hit a 30-year high during the fourth quarter of 2009 as many would-be renters moved in with family or roommates to save money. According to Reis, Inc., a New York research firm that tracks vacancies and rents in 79 markets across the country, the apartment vacancy rate was eight […]
- Author:
- Tom Silva
- Posted:
- 01.14.2009
Office Rental Rates Falling as Demand Slides: Part 1
It should be no surprise that rental rates for office space have weakened as demand declines. Nationally, rents for office space fell 1.2 percent during the fourth quarter of 2007, even though owners offered concessions such as free rent for a limited time frame to lure users. According to Reis, Inc., a New York-based real […]
- Author:
- John Coleman
- Posted:
- 07.15.2008
Suburban Office Vacancies Rise
According to a recent Crain’s Chicago Business article, suburban office vacancy rates shot up to 13.1 percent during the second quarter of 2008. That is the highest level in more than two years. According to the commercial real estate services firm, Transwestern Commercial Real Estate, the vacancy rate is at its highest level since the first […]