{"id":1532,"date":"2017-03-03T00:00:00","date_gmt":"2017-03-03T00:00:00","guid":{"rendered":"https:\/\/amazingproperty.com.ng\/blog\/where-investors-are-upping-rental-costs\/"},"modified":"2017-03-03T00:00:00","modified_gmt":"2017-03-03T00:00:00","slug":"where-investors-are-upping-rental-costs","status":"publish","type":"post","link":"https:\/\/amazingproperty.com.ng\/blog\/where-investors-are-upping-rental-costs\/","title":{"rendered":"Where Investors Are Upping Rental Costs"},"content":{"rendered":"

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McAllen, Texas has seen the highest rental cost increases in the nation over the past year, according to a new report released by RentRage. Their researchers collected rental data on about 250,000 three-bedroom, single-family homes and then ranked the top 25 metro areas by average rental rate increases for single-family homes between the fourth quarter of 2016 and the same quarter in 2015.<\/p>\n

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Read more<\/strong>: 10 Top Rental Markets for Investors<\/span><\/p>\n<\/blockquote>\n

While rents remain persistently high in the Bay Area, San Francisco dropped several positions on RentRage\u2019s list this year as its rate increases slowed there. RentRage highlighted rental rate increases in like Cape Coral, Fla., and Portland, which both moved up the list into the top five this year. McAllen, Denver, Boston, Nashville, and Miami are all newcomers to the list.<\/p>\n

\u201cAs we begin 2017, it continues to look bright for single-family rental investors,\u201d says Wally Charnoff, chief executive officer, RentRange Data Services. \u201cCompared to the Q3 2016 change in rent, we are seeing the percentage change begin to lessen while rents continue to increase, which should ultimately stabilize demand, keeping vacancy rates down. It remains important for investors to look at stability within a market, focusing on the market\u2019s activity over time to ensure there is a good balance–low historical volatility with a current upswing.\u201d<\/p>\n

The following are RentRage\u2019s rankings for year-over-year rental rate increases, based on fourth quarter 2016 data.<\/p>\n

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Source: \u201cRentRage Identifies 25 Markets with the Largest Rental Rate Increases,\u201d Altisource (Feb. 27, 2017)<\/em><\/p>\n<\/div>\n<\/div>\n

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[ad_1] McAllen, Texas has seen the highest rental cost increases in the nation over the past … Where Investors Are Upping Rental Costs<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":1533,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[4],"tags":[12908,543,127,41,818,678,15309],"class_list":["post-1532","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opportunities-in-new-markets","tag-home","tag-home-buying-guide","tag-homes","tag-property","tag-real","tag-rental","tag-ups"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/03\/3_3_investor.png?fit=854%2C777&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":127949,"url":"https:\/\/amazingproperty.com.ng\/blog\/high-rental-yield-properties\/","url_meta":{"origin":1532,"position":0},"title":"High Rental Yield Properties","author":"Amazing Property","date":"October 19, 2024","format":false,"excerpt":"Understanding Rental Yields Rental yields are essential for evaluating real estate investments. 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That\u2019s according to the first-quarter 2017 Single Family Rental Market report, released by ATTOM Data Solutions. Researchers analyzed single-family returns in 375 U.S. counties, each with populations of at\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/03\/1_rss.png?fit=736%2C454&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/03\/1_rss.png?fit=736%2C454&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/03\/1_rss.png?fit=736%2C454&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/03\/1_rss.png?fit=736%2C454&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":8790,"url":"https:\/\/amazingproperty.com.ng\/blog\/locke-apartment-tops-rental-yields-in-union-homes-reit\/","url_meta":{"origin":1532,"position":2},"title":"Locke Apartment tops rental yields in Union Homes REIT","author":"Amazing Property","date":"June 25, 2018","format":false,"excerpt":"Locke Apartment property Lekki, Lagos, a property owned by Union Homes Real Estate Investment Trust (UH REITs) has come tops with the highest rental yield of about 8 percent.This was closely followed by UH REITs\u2019 commercial property at N0 64 Opebi Road, Ikeja measuring 1,433 square metres and Ogoaro Crescent,\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"Locke Apartment Property.jpg","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/07\/Locke-Apartment-property.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/07\/Locke-Apartment-property.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/07\/Locke-Apartment-property.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/07\/Locke-Apartment-property.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/07\/Locke-Apartment-property.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":4452,"url":"https:\/\/amazingproperty.com.ng\/blog\/where-investors-get-the-biggest-returns\/","url_meta":{"origin":1532,"position":3},"title":"Where Investors Get the Biggest Returns","author":"Amazing Property","date":"May 8, 2017","format":false,"excerpt":"Soaring home prices aren't denting investors' appetite in many markets. \"We are seeing more investors and new investors,\" says Steve Hovland, director of research at HomeUnion, a real estate investment marketplace. \"The Fed has really been helping us out. Interest rates are not as high as they have been in\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7766,"url":"https:\/\/amazingproperty.com.ng\/blog\/best-places-to-buy-rental-properties-this-winter\/","url_meta":{"origin":1532,"position":4},"title":"Best Places to Buy Rental Properties This Winter","author":"Amazing Property","date":"January 9, 2018","format":false,"excerpt":"The winter off-peak period may be the best time for investors to snag\u00a0a deal on a single-family rental property. 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