Rental Market Feels Pinch From Joblessness

Apartment vacancies are rising nationwide, driven by job losses.  Housing experts expect the multifamily vacancy rates will soon be at 8 percent nationwide, higher in some areas.  “Apartment vacancies in the fourth quarter went from around 6 percent to 6.7 percent so it was a very quick reaction,” says Hessam Nadji, managing director of research […]