Radix News

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. ​

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 ​

By Angela Gonzales  – Senior Reporter, Phoenix Business Journal Jul 9, 2020, 1:34pm MST Tenant traffic at metro Phoenix apartments has steadily improved since the beginning of April, according to a new report from Radix, a Scottsdale-based data research firm that tracks apartment activity nationwide. ​

Radix Co-Founder and CEO Blerim Zeqiri sat down with Michael Bull, CCIM and host of America’s Commercial Real Estate Show to discuss real-time data for traffic, leasing, occupancy and net effective rents. Listen on to hear Blerim share why tracking leading indicators in real-time is so important as the multifamily market is changing so quickly… Continue reading America’s Commercial Real Estate Show ​

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 ​

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 ​

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 ​

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 ​

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 ​

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 ​

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 ​

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 ​