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Improving job market ignites sharp rise in apartment rents – USA Today

Nationwide, rents started edging up last year after several years of little growth or even declines, market researcher Reis says. It predicts apartment rents will jump 4.3% this year, marking the biggest annual increase in four years. MPF Research, which … Continue reading

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Apartments are a good investment for some – USA Today

Apartments are a good investment for someUSA TodayThe yield is called the "cap rate" and is net operating income for one year divided by the sale price. Last October, an investment firm "got a steal" on a … and more » … Continue reading

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Rental housing investors see potential in real estate slump – USA Today

Rental housing investors see potential in real estate slumpUSA TodayLast October, an investment firm "got a steal" on a community in Raleigh called Autumn River, with a cap rate of about 7.75%. The most recent transaction in … read more

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More destinations shut the door on vacation rentals – USA Today

More destinations shut the door on vacation rentalsUSA TodayBut after May 1, when a ban on most New York City apartment rentals under 30 days is scheduled to take effect, Velten probably won't be back. … read more

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Apartment occupancy up amid foreclosures – USA Today

Apartment occupancy up amid foreclosuresUSA TodayThe vacancy rate declined to 6.6% in June from 8.2% in December. "Demand is pretty stunningly strong in the first half," says Greg Willett, a vice president …US landlords point to surge in rentalsAssetz NewsRising … Continue reading

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New ban on short-term NYC apartment rentals takes effect next spring – USA Today

USA Today New ban on short-term NYC apartment rentals takes effect next springUSA TodayDavid Paterson has approved legislation that outlaws New York City apartment rentals of less than 30 days. But a new amendment delays its implementation to … and … Continue reading

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Apartment rents cheaper than stays in homeless shelters – USA Today

Apartment rents cheaper than stays in homeless sheltersUSA TodayBy Anne Ryan, USA TODAY By Marisol Bello, USA TODAY Cities, states and the federal government pay more to provide the homeless with short-term shelter and … and more » read more

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