Radix News

Blog

Research

Other

NAA Logo

National Apartment Association
How to Get the Right Data

In today’s apartment landscape, let it never be said that apartment operators lack access to data.   Whether it’s a community’s own data, revenue management data, marketing data or market surveys of competing communities, or metro area/submarket reports produced by third parties, there has been a serious uptick in the availability of metrics and business… Continue reading National Apartment Association
How to Get the Right Data
analytics text 185576

Generating Submarket Data the Right Way

When apartment operators are evaluating the performance of their communities, data about the surrounding submarket is absolutely critical. But not all submarket data is created equally.   Although metro market reports produced by research organizations have an undeniable value in the assessment of a market’s performance, it would be a mistake for operators to rely… Continue reading Generating Submarket Data the Right Way
alliance1

Faster, More Accurate: Alliance Residential Uses Radix to Transform its Market Survey Process

When evaluating the pricing of its communities, Alliance Residential likes to use a wealth of information. The operator considers the macro data contained in monthly and quarterly MSA market reports produced by third parties such as Reis and others. But when it comes down to it, it’s impossible to top the importance of micro data.… Continue reading Faster, More Accurate: Alliance Residential Uses Radix to Transform its Market Survey Process
Article 3

Is Web Scraping the Answer?

Recently I’ve heard many people talking about the wonders of scraping websites and how it will solve all of our data gathering problems. And unfortunately, I must disagree. But before delving into why I believe web scraping is a flawed practice, it is important to truly understand what it is.   While web scraping can… Continue reading Is Web Scraping the Answer?
GlobeSt

Radix Software Grows Portfolio to 2M Homes

The multifamily software, which surveys multifamily comps, has reached 2 million apartment homes.   Multifamily software company Radix has grown its portfolio to 2 million apartment homes. The cloud-based software has reached 2 million active apartment homes. Company leadership says that the benchmark is a testament to the firm’s ability to transform the creation of… Continue reading Radix Software Grows Portfolio to 2M Homes
1

Newly Renamed Radix Reaches the 2 Million Unit Mark

The new name reflects company’s mission of being the source of apartment comp data   SCOTTSDALE, Ariz. – Sept. 17, 2019 –   Radix, the provider of an innovative, cloud-based market-survey solution that produces true apples-to-apples comparisons between multifamily comps, today announced it has reached 2 million active apartment homes. The company, formerly known as… Continue reading Newly Renamed Radix Reaches the 2 Million Unit Mark
adult blur buildings 712786

Don’t Worry Too Much about Average Metro Rents – It’s the Rents of Your Comps that You Really Want

When it comes to apartment market data, it’s important to make a distinction between “macro” and “micro.”   Macro data refers to statistics like a metro area’s average rent or its occupancy rate. Micro data refers to the average rent or vacancy rate of a competitive set of communities. Think of it in terms of… Continue reading Don’t Worry Too Much about Average Metro Rents – It’s the Rents of Your Comps that You Really Want
beach clouds dawn 2132213

Why Casting a Wide Data Net Isn’t Always the Best Approach

When it comes to understanding your apartment community’s performance, it certainly doesn’t hurt to look at as much market data as possible.   Monthly and quarterly market reports compiled by research and brokerage firms about your metro area are worth reviewing, but they also have limitations. By the time they arrive on your desk or… Continue reading Why Casting a Wide Data Net Isn’t Always the Best Approach
Untitled design

In the Beginning:
BI:Radix Helps Redwood Residential and Maverick Residential
Get Off on the Right Foot

When Redwood Capital Group decided to launch its management division, Redwood Residential, Mary Herrold knew the new company could benefit from a departure from the traditional market survey process. She knew they needed something simple, innovative, comprehensive and streamlined.   A multifamily veteran with nearly 30 years of experience in the industry, she is all… Continue reading In the Beginning:
BI:Radix Helps Redwood Residential and Maverick Residential
Get Off on the Right Foot
MFE logo

Modernizing the Market Survey With Cloud-Based Tech

Here’s how multifamily managers can use a third-party cloud database to streamline their market survey process.   Executives at Alliance Residential Co. recognize the indispensable role regular market surveys play in getting pricing right.   That’s why, some time ago, they decided the company had to move away from the traditional Excel-based approach to the… Continue reading Modernizing the Market Survey With Cloud-Based Tech
iStock 874899390 copy

The Competition: Your secret pricing power

When it comes to successfully pricing your apartment homes, it’s critical to know who your competitors are and what rental rates they are charging.   Unfortunately, though, too many operators don’t have a true, clear-eyed understanding of their properties’ comp sets. Below are some common mistakes property managers make when trying to determine who the… Continue reading The Competition: Your secret pricing power
iStock 1089289086 copy 1

Rental Data Delays Are Not OK

“Life moves pretty fast.” So said the wise philosopher Ferris Bueller in the 1986 classic movie.   I can’t help but think of that line sometimes when thinking about apartment rental rates. They move pretty fast, too. In fact, they’re changing on an almost daily basis.   To make the most effective decisions regarding pricing and concessions,… Continue reading Rental Data Delays Are Not OK

No post found

The Multifamily Affordability Dilemma

The Housing Affordability Dilemma with NMHC’s Chris Bruen

Share This Post There’s no doubt that affordable housing is a hot topic in many communities across the country. From city leaders and elected officials to nonprofit organizations and everyday citizens, everyone seems to be searching for ways to make housing more affordable. Chris Bruen, Senior Director of Research at NMHC, believes that the problem… Continue reading The Housing Affordability Dilemma with NMHC’s Chris Bruen
MicrosoftTeams image

Rent and Operating Trends Week of September 18th

Share This Post The August Consumer Price Index came in higher than anticipated despite declining energy costs in recent months. Many economists were hoping for further deceleration in overall prices, and the unexpected increase sent markets into a tailspin. As a result, the Fed is now almost certain to raise interest rates at least another… Continue reading Rent and Operating Trends Week of September 18th
semptember th

Rent and Operating Trends Week of September 11th

Share This Post Economic volatility continues to confuse market participants as new data fails to provide a consistent message on the health of the overall economy. A robust employment market set against declining GDP and high inflation has most stock and bond analysts scratching their heads. The Fed has made it clear they will maintain… Continue reading Rent and Operating Trends Week of September 11th
September th

Rent and Operating Trends Week of September 4th

Share This Post As the summer unofficially comes to a close, the U.S. economy finds itself in a similar place to where it was when the summer began. Volatility, disparity among economic indicators, and rising interest rates highlight the key aspects of the current economic landscape. And while we have focused mostly on the domestic… Continue reading Rent and Operating Trends Week of September 4th
August th

Rent and Operating Trends Week of August 28th

Share This Post While the fundamental underpinnings of the U.S. economy did not change as the result of last week’s speech from Fed Chair Jerome Powell, the remarks, and the stern and straightforward tone with which he delivered them indicates that the economy is likely in for a challenging slog. Contrary to typical Jackson Hole… Continue reading Rent and Operating Trends Week of August 28th
August st

Rent and Operating Trends Week of August 21st

Share This Post As the fall approaches, the U.S. economy continues to show signs of a slowdown, however given the strength of the employment market, the likelihood of a soft landing is high. The price of oil retreated from its recent high in June, and if the trend continues, I expect to see inflation decline… Continue reading Rent and Operating Trends Week of August 21st
August th

Rent and Operating Trends Week of August 14th

Share This Post July inflation came in at 8.5% on a year-over-year basis, and in a sign of the recent times, many economists and wall street analysts celebrated the lower-than-expected report. Economists had anticipated 8.7% price growth following 9.1% in June. As a result, equity markets continued to rebound from early-summer lows. The modest inflation… Continue reading Rent and Operating Trends Week of August 14th
August th

Rent and Operating Trends Week of August 7th

Share This Post Economic optimists ended last week on a strong note, as the July employment numbers showed more than half a million new jobs added last month. New jobs were added across a variety of sectors, showing the diversity and strength of the continued employment recovery. In fact, with the significant increase in jobs… Continue reading Rent and Operating Trends Week of August 7th
July st

Rent and Operating Trends Week of July 31st

Share This Post The U.S. economy continues to show signs of weakness as growth has slowed significantly throughout the first seven months of 2022. By the traditional definition, the economy entered a recession after posting a second consecutive quarter of contracting GDP, according to the initial second quarter estimate released last week. While many economists… Continue reading Rent and Operating Trends Week of July 31st
July th

Rent and Operating Trends Week of July 24th

Share This Post Inflationary pressures remain throughout the economy; however, a welcome sight may be emerging as oil prices appear to have stabilized around $100 per barrel. While the cost of a barrel of oil remains elevated above long-term trends, the current price reflects a decline from its peak in recent months. For the past… Continue reading Rent and Operating Trends Week of July 24th
Blerimi Shrinked

Multifamily Impacts Of Economic Volatility

Share This Post As the macro economy shifts rapidly from growth to a recession, what are the main factors that will impact the multifamily market? Blerim Zeqiri, CEO and Founder of Radix, joins us to share his thoughts on the current economic situation, the impact of rising interest rates, and how owners and operators can… Continue reading Multifamily Impacts Of Economic Volatility
July th

Rent and Operating Trends Week of July 17th

Share This Post Following another increase in annual inflation, economic prospects for 2022 have dampened significantly. The annualized CPI increased 9.1% in June, the highest price jump in more than 40 years. As a result, many forecasters now believe that inflation will remain persistent for some time. According to David Solomon, CEO of Goldman Sachs,… Continue reading Rent and Operating Trends Week of July 17th

No post found

No post found

Join us for
the Truth in Data

Sign up for our newest posts


    OR