Tag Archives: rental market

applying for rental

How To Apply For An Apartment Rented Out By The Owner

Today’s rental market is highly competitive, so your rental application could make the difference between securing your ideal rental or losing it to another prospective renter and having to compromise.

Renters aren’t aware of how to impress landlords while applying for a rental. Remember, hunting for a rental is similar to job hunting where you must conduct thorough research, try to present yourself in the best light, get ready for an interview, and negotiate the cost. If you want to secure your ideal rental, consider these tips.

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Apartment Hunting

The Upside To Offering To Pay More For Rent

Locating a rental can be hard especially in a tough rental market. Depending on your residential area and the type of property you’re seeking, getting a rental approval can be difficult. After all, there’s stiff competition and other prospective renters are after the same unit.

Nevertheless, there are ways you could impress the landlord so your application can stand out and possibly secure the unit. One of the effective techniques of securing a rental in a difficult market is offering to pay more rent. Here’s a list of benefits of applying this strategy.

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apartment boom

Is There An Apartment Rental Millennial Boom?

The definition of the millennial generation is persons born between the early 80s and late 90s. By any definition, they’ve attained the age where they’re firmly established or entering their careers and are in a position to purchase a home.

Consequently, their needs and wants are currently a major force behind the trends in real estate. With a need for convenience, passion for flexibility, and love of community-based activities and amenities, more millennials are opting for rentals instead of homeownership. Here’s a look at why this generation is driving the rental market.

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houston apartments

Houston Post Harvey-The Apartment Boom

Houston is the 4th biggest American city, accounting for 25% of Texas housing market. Before Harvey, it was a fast-growing area in the United States.

Furthermore, the homes were noticeably affordable even though the costs had increased in recent years but remained the same throughout the 2014 oil crash.

In spite of the catastrophe, Houston’s overall real estate market didn’t waste much time recovering from the resulting devastation. If you’re thinking of investing in real estate, here’s what you need to know about the apartment boom post-Harvey.

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How Dallas Is Leading The State In Rental Properties

You’ve probably noticed that the rental market in Dallas is experiencing tremendous growth given the rising real estate projects in the northern part of Texas.

This is because the DFW area is home to several corporate employers, which attracts new workers who wish to cut back on commuting and opt to reside closer to the city.

Consequently, the demand for apartments is on the rise. Furthermore, more projects are underway, ranking Dallas as one of the best rental markets. If you’re wondering why the city is leading, here’s why.

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