According to a recent Wall Street Journal article rents and occupancy in apartment buildings in the U.S. is continuing to rise steadily. WSJ cites a report done by Reis Inc, a company that collects data on real estate, which found that only 5.6% of the country’s apartments were vacant at the end of Q3 2011, down from 5.9% at the end of the first half of the year. That’s the lowest level since 2006. To top it off the only market in which rents declined in the entire country was Las Vegas, NV.
Foreclosure.com recently released the October 2011 issue of their monthly newsletter. It is, as usual, chock-full of some rather general but still useful tips for home buyers, sellers and flippers. A lot of this issue is dedicated to the idea that information is power when it comes to investing in real estate. They offer tips and programs to help you stay up to date on homes in your area as well as ideas on how to schedule your time to make progress in your hunt.