{"id":1239,"date":"2015-10-09T14:53:19","date_gmt":"2015-10-09T14:53:19","guid":{"rendered":"http:\/\/www.swetconstructiongroup.com\/blog\/?p=1239"},"modified":"2015-10-09T14:53:19","modified_gmt":"2015-10-09T14:53:19","slug":"renters-retention-multi-family-construction-record-highs","status":"publish","type":"post","link":"http:\/\/swetconstructiongroup.com\/blog\/renters-retention-multi-family-construction-record-highs\/","title":{"rendered":"Renters Retention & Multi-Family Construction: Record Highs!"},"content":{"rendered":"

The Multi-family industry in the Southeastern United States, Orlando and Atlanta, has never been better as the occupancy rate for August reach record highs!<\/p>\n

According to a recent article in Multi-Family Executive Magazine<\/a><\/p>\n

The dog days of summer seem to have brought more of the same for the rental industry as occupancy hit another high, according to the latest analysis from Dallas-based research firm Axiometrics.<\/p>\n

\"shutterstock_191081627\"August tallied an effective rent growth rate of 5.1%, which was the seventh straight month that rent increases came in above 5%. That growth rate was an eight basis-point decline from July, but well above the August 2014 mark of 4.1%.<\/p>\n

The year-to-date growth rate hit 5.7% in August, which was the highest mark since the recession. Axiometrics cautions that this number could decline in coming months since it fell in September and October of previous post-recession years.<\/p>\n

Helping push rents was occupancy, which hit 95.4% in August. That was the highest rate since at least April 2008 and the sixth straight month the rate was 95.0% or higher.<\/p>\n

\u201cAs apartment occupancy continues to increase, landlords don\u2019t need to offer as many incentives to fill their vacant units,\u201d said Stephanie McCleskey, Axiometrics’ vice president of research in a press release. \u201cThe national concessions rate the past two months has been the lowest since the Great Recession. August\u2019s 0.5% rate was the equivalent of $5.80 per month discount.\u201d<\/p>\n

SWET Construction Group is a leader in the construction and renovation industry, specializing in multi-family housing, apartments, condominiums and commercial building throughout the Southeastern United States, offering cost-effective plans, fast and attractive flooring, interior design services, drywall, metal framing, paint and waterproofing.<\/p>\n

With over 66 years of combined experience and over 42,000 completed units, you can feel confident SWET Construction Group<\/a>. Our experienced team, advanced knowledge of construction, high quality products, on-site management, turn-key solutions and precise estimation, will deliver the results you’re looking for on budget and on time.<\/p>\n

At the heart of it all, there’s no place like home. Contact SWET Construction Group for your next project.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The Multi-family industry in the Southeastern United States, Orlando and Atlanta, has never been better as the occupancy rate for August reach record highs! According to a recent article in Multi-Family Executive Magazine The dog days of summer seem to have brought more of the same for the rental industry as occupancy hit another high,… Continue reading Renters Retention & Multi-Family Construction: Record Highs!<\/span><\/a><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[49],"tags":[25,24,26,21,29,20],"_links":{"self":[{"href":"http:\/\/swetconstructiongroup.com\/blog\/wp-json\/wp\/v2\/posts\/1239"}],"collection":[{"href":"http:\/\/swetconstructiongroup.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/swetconstructiongroup.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/swetconstructiongroup.com\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"http:\/\/swetconstructiongroup.com\/blog\/wp-json\/wp\/v2\/comments?post=1239"}],"version-history":[{"count":6,"href":"http:\/\/swetconstructiongroup.com\/blog\/wp-json\/wp\/v2\/posts\/1239\/revisions"}],"predecessor-version":[{"id":1285,"href":"http:\/\/swetconstructiongroup.com\/blog\/wp-json\/wp\/v2\/posts\/1239\/revisions\/1285"}],"wp:attachment":[{"href":"http:\/\/swetconstructiongroup.com\/blog\/wp-json\/wp\/v2\/media?parent=1239"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/swetconstructiongroup.com\/blog\/wp-json\/wp\/v2\/categories?post=1239"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/swetconstructiongroup.com\/blog\/wp-json\/wp\/v2\/tags?post=1239"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}