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Radix Blog Posts 1

Rent and Operating Trends Data – April 11th

This week, there was a slight slowdown in the recent streak of strong week-over-week gains as some of the metrics, especially leading indicators such traffic and leases per week, are on pause from the increase from last week. Meanwhile, occupancy and lease rates are holding steady and NER is posting more modest... ​
Radix Blog Posts 2

Rent & Operating Trends Data Report: Week Ending 3/14/2021

As we continue to report Rent & Operating Trends Data and leading indicators traffic, occupancy, leasing, and net effective rent (NER), we are happy to share that we’ve expanded our sampling and added Jacksonville, Raleigh, and Salt Lake City into the regular rotation of markets.   After last week’s surge in leading indicators, weekly leases… Continue reading Rent & Operating Trends Data Report: Week Ending 3/14/2021
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It’s Time to Move on From the Anachronistic Days of Data Gathering

By Brad Cribbins There is no shortage of market data in multifamily. What’s lacking are effective platforms allowing real-time reporting and visibility into a market’s leading indicators – the stats like traffic, occupancy, leasing and net effective rents are business insights with the power to drive proactive and efficient business decisions.  This data is being… Continue reading It’s Time to Move on From the Anachronistic Days of Data Gathering
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Radix Eclipses the 5-Million-Unit Mark

The apartment data analytics firm also unveils study showing its client communities consistently outperform comps and experience higher rents.   As the provider of a cutting-edge, cloud-based market survey and data analytics platform, today we are proud to announce Radix is serving more than 5 million apartment homes.   Radix experienced extensive customer growth in… Continue reading Radix Eclipses the 5-Million-Unit Mark
Radix Blog Posts 3

Year-End Brings Mixed Results for U.S. Apartment Industry

The national occupancy rate was down 0.1% YoY, but the leased percentage rate had risen by 0.2%. So, frankly, most of the national operating metrics are not down a whole lot from their pre-pandemic highs. This doesn't mean that certain metros haven't experienced major turbulence. ​
Radix Blog Posts 1

Q&A: Jasmine Greene on How Radix Data Is Helping Maverick Residential in the Pandemic

Doing manual market surveys is very time consuming, and associates are prone to making errors when doing them. Automating your market surveys ensures you're getting true apples-to-apples comparison data, and it frees up your associates to spend more time taking care of prospects and residents. ​
Radix Blog Posts 4

The Arrival of Q4 Brings Week Over Week Dips in Many Metrics

Multifamily performance data continues to behave like it did during the mid-summer, when the pandemic induced a variety of ups and downs. Typically, seasonality means things slow down a bit in the fall, and we see very little difference in metrics week over week. ​
Radix Blog Posts 2

Many Performance Metrics Holding Steady as Summer Comes to an End

Labor Day marked the unofficial end of summer. On a national basis, multifamily data and metrics have been hovering around the same points since mid-summer. But in the week ending on Sept. 6, we saw the biggest closing of that YoY gap since March. ​
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Multifamily Veteran Brad Cribbins Joins Radix as Chairman

Former CEO of Alliance’s Property Management division seeks to accelerate the adoption of performance-optimizing data ​
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Q&A with Aaron Thatcher, Technical Lead at Radix

One of the highlights of 2020 for Radix has been the addition of Aaron Thatcher, a talented software engineer with a wide range of experience.   Aaron joined us in February as a technical lead. In this position, he is charged with designing and implementing ongoing improvements to the Radix platform and products. We could… Continue reading Q&A with Aaron Thatcher, Technical Lead at Radix
Radix Blog Posts 3

Rent & Trend Report: August 9th
Apartment Market Showing Slight Dips in Operating Statistics

With the coronavirus pandemic continuing to rage in many parts of the country, the week ending on Aug. 9 showed most of the major apartment metrics experiencing slight declines, according to Radix data. National occupancy and leased percentage rates were flat. ​
Radix Blog Posts 4

Rent & Trend Report: July 19th
Week of July 19 Brings Welcome Improvement in Multifamily Market

In general, the apartment market has shown fairly steady improvement since its low points early on in the pandemic. Last week, I cautioned that one bad week can be just that: one bad week. During the week ending on July 19, we saw moderately positive uptick. ​
Radix Blog Posts 1

Radix Weekly Data Report – July 12th
Apartment Market Recovery Hits a Bump in the Road

Recently, we’ve seen several positive signs indicating that the apartment industry had shaken off the worst impact of the pandemic and was headed in the direction of a recovery.   Unfortunately, that forward momentum wasn’t present during the seven-day period ending on July 12, according to data from Radix.   Traffic and leases were down… Continue reading Radix Weekly Data Report – July 12th
Apartment Market Recovery Hits a Bump in the Road
Radix Blog Posts 2

Radix Weekly Data Report – June 24th
Both Traffic and Leases Are Showing Signs of Improvement

With the Fourth of July on the horizon, we continue to see positive developments when it comes to leading indicators in the apartment industry, according to new data from Radix.   On a national basis, both traffic and leases were slightly down on a week-over-week basis during the seven days ending on June 24. However,… Continue reading Radix Weekly Data Report – June 24th
Both Traffic and Leases Are Showing Signs of Improvement
Radix Blog Posts 3

Radix Weekly Data Report – June 17th
Leading Indicators Continue to Improve from Pandemic Impact

The seven-day period ending on June 17 brought more good news for the apartment industry, according to our most recent data report.   The data reaffirmed the positive trends we saw during the preceding week, and it is becoming clearer that all the leading indicators are on the mend and are erasing year-over-year deficits. On… Continue reading Radix Weekly Data Report – June 17th
Leading Indicators Continue to Improve from Pandemic Impact
Radix Blog Posts 4

Radix Weekly Data Report – June 10th

Signs of Optimism for the Apartment Market   With states opening up from their pandemic shutdowns, May’s employment numbers were a pleasant surprise (finally, some good news!)   It looks like these trends are positively impacting the apartment industry. During the week ending on June 10, we saw some of the most encouraging signs of… Continue reading Radix Weekly Data Report – June 10th
Radix Blog Posts 1

Radix Weekly Data Report – June 3rd

At Radix, we’ve been keeping a close eye on both national and local performance data as the pandemic unfolds. As June arrives and the summer begins, I think we all wish we could just undo 2020 and start anew. During the week ending on June 3, most of the major performance metrics were flat to… Continue reading Radix Weekly Data Report – June 3rd
Radix Blog Posts 2

Radix Weekly Data Report – May 27

Rent Declines Are Accelerating as Pandemic Goes On   With every state starting to re-open in various ways, we are still seeing improvements in some metropolitan statistical areas (MSAs) in terms of traffic and leases, and mixed results in other areas.   During the week ending on May 27, for example, Atlanta, Austin and Orlando… Continue reading Radix Weekly Data Report – May 27
Radix Blog Posts 3

Radix Weekly Data – May 20th

Up from the Pandemic Low: Leading Indicators Show More WoW Improvement   While coronavirus lockdowns are not over yet, as of May 20, all 50 states were starting to re-open to some degree, according to The Wall Street Journal. The East and West Coasts are re-opening more gradually.   As I mentioned in my last… Continue reading Radix Weekly Data – May 20th
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Radix Weekly Data Report – May 13th

Traffic and Leases Move Up From Pandemic Low   It’s been two months since the initial lockdowns started across the country. This week, we saw a number of other states start to open up, and our industry is showing some positive signs in terms of some leading indicators.   On a national basis, both traffic… Continue reading Radix Weekly Data Report – May 13th
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Radix Weekly Data Report – April 29th

Traffic and Leases Continue Week-Over-Week Improvements During Pandemic   As April drew to a close, most of the country was still in lockdown mode. But we have begun to see some states start to lift the restrictions they put in place five to six weeks ago.   And although most of us contend it will… Continue reading Radix Weekly Data Report – April 29th
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Radix Weekly Data Report – April 22nd

Dear Radix Friends,   I hope this week finds you healthy and you are still managing through working from home and the new “normal.”  We are almost a month since most states started lockdowns and we are seeing reverberations across all markets. Also, leading indicators such as traffic and leases that declined precipitously have started… Continue reading Radix Weekly Data Report – April 22nd
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Radix Weekly Data Report – April 15th

I hope you are staying healthy, safe, and managing through these difficult times. We are going to make some additional changes to our Rent and Operating Trend Data report we announced a couple of weeks ago.   First, we are going to circulate these reports with our clients weekly as opposed to bi-weekly. This is mainly due… Continue reading Radix Weekly Data Report – April 15th
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Radix to deliver Rent and Operating Trend Data

Dear Radix Friends,   I wanted to share a note with all of you that I sent to our clients last week. We hope you, your families, and your colleagues are well and healthy. These are unprecedented times for all of us.    As we travail through this ambiguity, we at Radix were genuinely asking… Continue reading Radix to deliver Rent and Operating Trend Data

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