Rent growth came to a halt in September at a national level, according to RentCafé, marking the first period of negative growth month over month since February. However, the $1,412 national average is still 3% higher than this time last year. As landlords, should we be concerned?
On today’s show, we’ll look at where rents are headed in 2019 and beyond. Are we overbuilt at the high end? Where is the most demand? Should we be concerned about an economic slowdown?
Our guest today, Doug Ressler, is senior analyst and director of business intelligence at Yardi Matrix, and RENTCafé.com is a nationwide apartment search website and a part of Yardi. The website provides research, insights, and in-depth analysis of the real estate market.