Many of the characteristics that contributed to the strong performance of the multifamily investment market throughout 2021 remain present in 2022. By December 2021, national rents had the sixth straight month of double-digit rental rate increases. The national median rent for a one-bedroom apartment in December was $1,651 per month, which represents a 19.3% increase year-over-year. Apartment demand among renters 24-35 years old continues to drive strong interest in newly constructed apartment communities filled with modern amenities.
Monday, May 30th, 2022
David De Lise
Sunday, May 8th, 2022
We don't typically have a lot of new agents in our corner of Verani Realty, however this month we welcomed two new agents to the Verani Realty Commercial Division Team!