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Soaring Rents Make It a Very Good Time to Own an Apartment Building

Wednesday, September 15, 2021   /   by Ken Couture

Soaring Rents Make It a Very Good Time to Own an Apartment Building

Soaring Rents Make It a Very Good Time to Own an Apartment Building.png
Despite a yearlong national eviction ban and continuing pandemic, it has rarely been a better time to be a big apartment-building landlord.
National asking rents rose 10.3% in August, measured on an annual basis, according to Real Page, a rental-management software company, which analyzed more than 13 million professionally managed apartments. That marked the first double-digit increase in the more than 20 years this data has been collected, and in several hot cities, the rent increases were much greater than the national figure.

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Couture Realty
Ken Couture
8367 W Flamingo Rd Suite 101
Las Vegas, NV 89147
702-476-0060

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