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Apartment Articles

"Impact of Residential Interest Rates"

Originally appeared inAlbuquerque Apartment Report Vol. 1.2 - Q2’94
Single family mortgage interest rates dipped to a 20 year low during 1992-1993, and landlords noticed an increase in vacancies due to the availability of low interest home loans. The following charts was compiled by one of Albuquerque’s larger apartment communities and demonstrates the impact of a declining interest rate vs. the increase in rental moveouts. Rental Move Outs Interest Rate

Article by
by Todd Clarke CCIM (www.nmcomreal.com/nmcomreal)
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