{"id":21928,"date":"2023-03-23T14:11:21","date_gmt":"2023-03-23T14:11:21","guid":{"rendered":"https:\/\/www.anthonydidonato.net\/wordpress\/?p=21928"},"modified":"2023-03-23T14:11:22","modified_gmt":"2023-03-23T14:11:22","slug":"4-ways-multifamily-units-offer-good-value","status":"publish","type":"post","link":"https:\/\/www.anthonydidonato.net\/wordpress\/4-ways-multifamily-units-offer-good-value\/","title":{"rendered":"4 Ways Multifamily Units Offer Good Value"},"content":{"rendered":"\n<p>Strong demand for multifamily rental units along with steady rent growth are bolstering the rental market.<\/p>\n\n\n\n<p>Strong demand for multifamily rental units along with steady rent growth from the first quarter of 2020, projected through the first quarter of 2021, are bolstering the rental market. Here are four positive indicators:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Year-over-year leases:<\/strong> In a recent NAR survey, REALTORS\u00ae reported a 33% year-over-year increase in dollar volume of new leases in the first quarter of 2020 in Class A and 35% in Class B\/C, the best year-over-year leasing numbers across all commercial markets.<\/li>\n\n\n\n<li><strong>Rent prices:<\/strong> Apartment rental prices are holding steady, rising an estimated 0.2% from June 2019 to June 2020. As of June 2020, the median price for a two-bedroom apartment was estimated at $1,192.<\/li>\n\n\n\n<li><strong>Tenants keeping current:<\/strong> As of late June, 92.2% of apartment households in buildings with 5 or more units paid their rent\u2014a level unchanged from a year ago.<\/li>\n\n\n\n<li><strong>Construction: <\/strong>Multifamily starts have been on the rise since mid-2019, increasing from an annual rate of 333,000 in July 2019 to a peak of 619,000 in January 2020. There were 527,000 starts for multifamily units in February 2020.<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2023\/03\/living-room-1835923_1280.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"614\" src=\"https:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2023\/03\/living-room-1835923_1280-1024x614.jpg\" alt=\"\" class=\"wp-image-21929\" srcset=\"https:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2023\/03\/living-room-1835923_1280-1024x614.jpg 1024w, https:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2023\/03\/living-room-1835923_1280-300x180.jpg 300w, https:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2023\/03\/living-room-1835923_1280-768x461.jpg 768w, https:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2023\/03\/living-room-1835923_1280-750x450.jpg 750w, https:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2023\/03\/living-room-1835923_1280.jpg 1280w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><figcaption class=\"wp-element-caption\">Image by <a href=\"https:\/\/pixabay.com\/users\/pexels-2286921\/?utm_source=link-attribution&amp;utm_medium=referral&amp;utm_campaign=image&amp;utm_content=1835923\">Pexels<\/a> from <a href=\"https:\/\/pixabay.com\/\/?utm_source=link-attribution&amp;utm_medium=referral&amp;utm_campaign=image&amp;utm_content=1835923\">Pixabay<\/a><\/figcaption><\/figure>\n\n\n\n<p>\u00a9National Association of REALTORS\u00ae<br \/>Reprinted with permission<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Strong demand for multifamily rental units along with steady rent growth are bolstering the rental market. Strong demand for multifamily rental units along with steady rent growth from the first quarter of 2020, projected through the first quarter of 2021, are bolstering the rental market. Here are four positive indicators: \u00a9National Association of REALTORS\u00aeReprinted with &hellip; <\/p>\n<p><a class=\"more-link btn\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/4-ways-multifamily-units-offer-good-value\/\">Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,8],"tags":[5,32,4,9],"class_list":["post-21928","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate-tips","tag-anthony-didonato","tag-news","tag-real-estate","tag-tips","item-wrap"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>4 Ways Multifamily Units Offer Good Value - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/4-ways-multifamily-units-offer-good-value\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/4-ways-multifamily-units-offer-good-value\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/4-ways-multifamily-units-offer-good-value\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"headline\":\"4 Ways Multifamily Units Offer Good Value\",\"datePublished\":\"2023-03-23T14:11:21+00:00\",\"dateModified\":\"2023-03-23T14:11:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/4-ways-multifamily-units-offer-good-value\\\/\"},\"wordCount\":192,\"publisher\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"image\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/4-ways-multifamily-units-offer-good-value\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2023\\\/03\\\/living-room-1835923_1280-1024x614.jpg\",\"keywords\":[\"Anthony DiDonato\",\"News\",\"Real Estate\",\"tips\"],\"articleSection\":[\"News\",\"Real Estate Tips\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/4-ways-multifamily-units-offer-good-value\\\/\",\"url\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/4-ways-multifamily-units-offer-good-value\\\/\",\"name\":\"4 Ways Multifamily Units Offer Good Value - 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Skilled, smart and enthusiastic about his work and his life, Anthony DiDonato has the appealing combination of business sense and people skills gives him an edge in an industry that demands both. Educated at Drexel University with a dual major in accounting and finance and minors in management and psychology Anthony DiDonato offers over 25 years of experience in the real estate industry. He has been a real estate investor since 1985 and a member of H.A.P.C.O. (Landlord Association). He became a licensed Realtor in 1992 and a member of the Local, Pennsylvania and National Associations of Realtors. Anthony DiDonato is also a member of the Computerized Multiple Listings, (MLS) and Internet Marketing Programs. In 1997 Anthony DiDonato became Century 21 All-Elite, Inc. Corporate Secretary. Anthony DiDonato believes in taking his profession to the highest level of quality service. He is known for finding that \u201cperfect\u201d property in Philadelphia, Delaware County, Chester County, Montgomery County and surrounding areas in Pennsylvania for his buyers and helping his sellers prepare their properties so they sell quickly and efficiently. When it comes time to negotiate the terms of a contract, Anthony DiDonato has the knowledge, experience, and professionalism applied to meeting \u2013 or exceeding \u2013 his clients\u2019 expectations. His service to his clients is second to none. His honesty and integrity have been his claim to fame. For Superior Real Estate Representation in the Delaware Valley, Philadelphia, Delaware County, Chester County, Montgomery County and surrounding areas in Pennsylvania\u2026 call Anthony DiDonato.\",\"sameAs\":[\"http:\\\/\\\/www.anthonydidonato.net\"],\"url\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/author\\\/admin\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"4 Ways Multifamily Units Offer Good Value - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.anthonydidonato.net\/wordpress\/4-ways-multifamily-units-offer-good-value\/","twitter_misc":{"Written by":"admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.anthonydidonato.net\/wordpress\/4-ways-multifamily-units-offer-good-value\/#article","isPartOf":{"@id":"https:\/\/www.anthonydidonato.net\/wordpress\/4-ways-multifamily-units-offer-good-value\/"},"author":{"name":"admin","@id":"http:\/\/www.anthonydidonato.net\/wordpress\/#\/schema\/person\/964792b6994e8cc4cbddc36ad4824908"},"headline":"4 Ways Multifamily Units Offer Good Value","datePublished":"2023-03-23T14:11:21+00:00","dateModified":"2023-03-23T14:11:22+00:00","mainEntityOfPage":{"@id":"https:\/\/www.anthonydidonato.net\/wordpress\/4-ways-multifamily-units-offer-good-value\/"},"wordCount":192,"publisher":{"@id":"http:\/\/www.anthonydidonato.net\/wordpress\/#\/schema\/person\/964792b6994e8cc4cbddc36ad4824908"},"image":{"@id":"https:\/\/www.anthonydidonato.net\/wordpress\/4-ways-multifamily-units-offer-good-value\/#primaryimage"},"thumbnailUrl":"https:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2023\/03\/living-room-1835923_1280-1024x614.jpg","keywords":["Anthony DiDonato","News","Real Estate","tips"],"articleSection":["News","Real Estate Tips"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.anthonydidonato.net\/wordpress\/4-ways-multifamily-units-offer-good-value\/","url":"https:\/\/www.anthonydidonato.net\/wordpress\/4-ways-multifamily-units-offer-good-value\/","name":"4 Ways Multifamily Units Offer Good Value - 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Skilled, smart and enthusiastic about his work and his life, Anthony DiDonato has the appealing combination of business sense and people skills gives him an edge in an industry that demands both. Educated at Drexel University with a dual major in accounting and finance and minors in management and psychology Anthony DiDonato offers over 25 years of experience in the real estate industry. He has been a real estate investor since 1985 and a member of H.A.P.C.O. (Landlord Association). He became a licensed Realtor in 1992 and a member of the Local, Pennsylvania and National Associations of Realtors. Anthony DiDonato is also a member of the Computerized Multiple Listings, (MLS) and Internet Marketing Programs. In 1997 Anthony DiDonato became Century 21 All-Elite, Inc. Corporate Secretary. Anthony DiDonato believes in taking his profession to the highest level of quality service. 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