During some financial quarters, rental vacancies fell below 6%. Since 2010, rental vacancy has decreased 56.3%. At 3.7%, Massachusetts has a low rental vacancy rate. Louisville has one of the lowest rental vacancy rates among the nation’s largest cities. The Indianapolis-Carmel-Anderson metropolitan area has 11.0% rental vacancy. Posted 24 December 2020 by Petrie Recruitment Easy Apply. Rental vacancy decreased 11.9% from 2019 to 2020. Rental vacancy declined 28.8% from 2019 to 2020. Or, you may wish to determine your overall vacancy rate to see if there is a trend in your organization. Since 2010, rental vacancy has increased 1.32%. Since 2010, rental vacancy has decreased 36.3%. 54.2% of American renters pay less than $1,000 in monthly rent. 30.8% of rental vacancies are in structures with 10 or more rental units. Premium grade office space was even less vacant with an occupancy rate of 99.9%. Elsewhere across the precinct, vacancies are well below 2.5%, indicating a shortage of rental properties in this precinct. The Detroit-Warren-Dearborn metropolitan area has 5.1% rental vacancy. By bed, the vacancy rate grew by 270 basis points from 5.2% to 7.9%, and vacancy by unit increased 120 basis points from 2.3% to 3.5%. Rental vacancy declined 9.43% from 2019 to 2020. The national rate of homeownership is 67.4%. Rental vacancy declined 45.8% from 2019 to 2020. In general, financial service organizations predict vacancy rates will continue to rise. At 4.6%, Wisconsin’s rate of vacancy is on the lower-end. Usership on hotel booking and reservation sites is down 42%. Continue your search from your iPhone or Android phone. Award rates including penalty rates; We are seeking a highly motivated and outgoing Front Office professionals to join our team! Since 2010, rental vacancy has declined 34.0%. Per Hourremove. At 5.4%, the rental vacancy rate is below the national average. Indiana’s rental vacancy rate is high, and Indianapolis’ vacancy is exceptionally high. At 8.8%, Iowa has a high rental vacancy rate. Oklahoma City has a rental vacancy rate of 4.5%. By the end of 2009 the situation had reversed. Product Support Technician . The Greensboro-High Point area has 5.8% vacancy. Since 2005, vacancy has diminished 58.7%. Houston-The Woodlands-Sugar Land has a vacancy rate of 10.9%. Maggie Petrie. A rental vacancy rate of 12% or more is considered “high”; a vacancy rate of 20% or more is hyper-vacancy. Currently tenanted at a healthy $665 week the home is also located in a very low vacancy rate precinct with historically strong capital growth. Since 2010, rental vacancy has decreased 17.5%. At 8.5%, the rental vacancy rate is fairly high. Vacancy rates in these locations will remain low, with rents stabilizing at current levels. Represent clients in criminal and civil litigation and other legal proceedings, draw up legal documents, … That would impact investment due to time required to find a tenant. There is a shortage of houses currently listed for sale (1.45%), (There is a large number of units currently listed for sale (8.87%)). In major cities where the vacancy rate increased, the average 12-month increase is 31.5%. Since 2010, rental vacancy has decreased 31.5%. Worcester has the lowest vacancy rate among the 75 largest U.S. metropolitan statistical areas. Since 2010, rental vacancy has increased 0.6%. Start your new career right now! Here is a list of Petrie's best Property Managers as rated by other customers. Vacancy rate 2.3%1 (March 2013) Rental return 5.87%2 (South Brisbane units over the last 12 months) Median rent at $465 per week3 (South Brisbane units) Increasing population growth; Strong demand; South Brisbane is Australia No. Seasonal rental vacancies, such as vacation rentals or Airbnbs, make up 28.1% of all rental vacancies and are not included in this report. At 2.6%, the rate of vacancy is exceptionally low. Since 2010, rental vacancy has decreased 60.9%. Montana has maintained a low rental vacancy rate for years. Rental vacancy increased 3.13% from 2019 to 2020. Fresno, California has an exceptionally low rate of vacancy. The rate of vacant rental properties rose 8.8% from 2019 to 2020. The Milwaukee-Waukesha-West Allis metropolitan area has a 5.7% rental vacancy rate. Since 2005, rental vacancy has decreased 15.8%. At 14.1%, the rate of vacant rental properties is exceptionally high. Since 2005, rental vacancy has declined 7.69%. Over the past 5 years, rental vacancy increased at an annual rate of 0.71%. At 4.9%, Delaware has fewer rental vacancies than most other states. The New York-Newark-Jersey City metropolitan area has a vacancy rate of 5.1%. Over the past 5 years, rental vacancy increased at an annual rate of 3.14%. Over the past 5 years, rental vacancy increased at an annual rate of 1.05%. Since 2010, the rate of vacany among rental units has risen 80.8%. Rental vacancy decreased 17.6% from 2019 to 2020. Rental vacancy declined 2.13% from 2019 to 2020. Over the past 5 years, vacancy increased at an annual rate of 0.49%. The Louisville-Jefferson County metropolitan statistical area has 2.7% rental vacancy. At 6.2%, the rental vacancy rate is on par with the national average. Built in 2017, the units offer tranquil living opposite Sweeney's Reserve. Structures built after March 2010 have a vacancy rate of 20.1%. Efficiencies and 1-bedroom apartments make up 4.5% of rental vacancies. 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