Now that apartment fundamentals have fully recovered and pricing is a mere 3% off prior peak levels, investors playing in this asset class need to be very smart in order to get healthy returns. Those with the best-informed assumptions will make the most successful decisions.
And when calculating top-line revenue potential, it's important to understand what renters appear to be willing to pay for, but also important to know exactly how much they are willing to pay for each individual attribute independent of others.
We have flexed our data muscles and mined nearly half a million apartment data points to quantify just that.
Read more...Real Estate Is Local; So Are Price, Amenities - CoStar Group
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