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What that means to you: "If you're looking for an apartment or want to renegotiate your lease, you should keep in mind that you have bargaining power," says Hans Nordby, U.S. strategist at Property & Portfolio Research (PPR), a real estate intelligence outfit...
...will drop 2.1%, according to PPR projections based on apartment buildings with five or more units in 54 markets. The nationwide vacancy rate is already at 6.8% - the peak during the last recession - and it is likely to grow by another percentage point this year, according to CBRE/Torto Wheaton Research, a property analytics firm that surveys professionally managed buildings with five or more apartments. (See pictures of the recession...
...negotiate with renters one-on-one - with, say, a free month's rent. This time, though, both asking and actual rent prices are falling, according to Reis data. "It looks like landlords are much more willing to lower prices quickly," says Victor Calanog, the firm's director of research. "It's a tenants' market." (See the best business deals...
...Bespoke Invest, also known as "Think Big" (6,112 links), is the blog for a money management and research firm. The site provides a combination of technical analysis and commentary on macroeconomic trends, major sectors of the stock market, and currencies...
...Wall Street (1,216 link). Although the site is "intended for the institutional equities crowd," we won't hold it against them - it's still very good. Covers money markets, sell side, buy side, private equity, Wall St. research, and media. Strong analysis. Strong on multimedia...