LAS VEGAS – A report released this week by the Nevada State Apartment Association (NVSAA) shows Southern Nevada’s apartment market staying strong, with rising rents and lower vacancy rates, despite the economic challenges it has endured over the past year. The report, issued by the NVSAA based on data provided by CoStar, shows local apartment rents growing by 9.3% through … [Read more...] about NVSAA Report Shows Demand for Las Vegas Apartments Stays Strong, Despite Southern Nevada’s Economic Challenges
Nevada State Apartment Association (NVSAA)
NVSAA Report Shows Reno Area Rents Still Rising As Demand Soars
RENO – A report released this week by the Nevada State Apartment Association (NVSAA) shows apartment demand in the Reno-Sparks area has not only matched the strong levels of recent years but has actually accelerated. Net absorption in 2020 soared to a new all-time high and demand has remained elevated in 2021. According to the report, local apartment rents were seeing little … [Read more...] about NVSAA Report Shows Reno Area Rents Still Rising As Demand Soars
NVSAA Report Shows Reno Area Rents Still Rising as Demand Reaches Record Levels
RENO – A report released this week by the Nevada State Apartment Association (NVSAA) shows apartment rents in the Reno-Sparks area are still growing faster than the national average as demand reaches record levels. The report, issued by the NVSAA based on data provided by CoStar, shows apartment rents in the Reno-Sparks area increasing by 5.4% through the end of 2020 … [Read more...] about NVSAA Report Shows Reno Area Rents Still Rising as Demand Reaches Record Levels
NVSAA Report Shows Las Vegas Apartment Market Holding up Better Than Expected, With Rents Still Growing Faster Than National Average
LAS VEGAS – A report released this week by the Nevada State Apartment Association (NVSAA) shows the Southern Nevada apartment market holding up better than many had expected during the pandemic, with rents rising faster than the national average. The report, issued by the NVSAA based on data provided by CoStar, shows local apartment rents growing by 4.8% through the end of … [Read more...] about NVSAA Report Shows Las Vegas Apartment Market Holding up Better Than Expected, With Rents Still Growing Faster Than National Average
NVSAA Report Shows Reno Area Rents Growing Faster Than National Average
RENO – A report released this week by the Nevada State Apartment Association (NVSAA) shows local apartment rents surpassing their pre-pandemic peak and growing faster than the national average during the third quarter of 2020. The report, issued by the NVSAA based on data provided by CoStar, shows apartment rents in the Reno-Sparks area increasing by 5.0% from the same time … [Read more...] about NVSAA Report Shows Reno Area Rents Growing Faster Than National Average
NVSAA Report Shows Las Vegas Area Apartment Rents Seemingly at Odds With Economic Downturn
LAS VEGAS – A report released this week by the Nevada State Apartment Association (NVSAA) shows local apartment rents surpassing their pre-pandemic peak, seemingly at odds with the economic downturn in Southern Nevada. The report, issued by the NVSAA based on data provided by CoStar, shows local rents growing by 4.2% from the same time last year and now averaging $1,128 per … [Read more...] about NVSAA Report Shows Las Vegas Area Apartment Rents Seemingly at Odds With Economic Downturn
Nevada State Apartment Association Announces Winners of 7th Annual Northern Nevada Jewel Awards
RENO – The Nevada State Apartment Association, the voice of the multifamily housing industry in Nevada, announced the winners of its 7th annual Northern Nevada Jewel Awards honoring industry excellence. In a virtual presentation held Aug. 12, NVSAA honored companies and employees who make the multifamily industry successful. The event was originally scheduled to be held in … [Read more...] about Nevada State Apartment Association Announces Winners of 7th Annual Northern Nevada Jewel Awards
NVSAA Report Shows Reno Area Apartment Rents Rising More Slowly Amid the Coronavirus Pandemic and Building Boom
RENO – A report released this week by the Nevada State Apartment Association (NVSAA) shows local apartment rents growing at a slower rate during the second quarter of 2020. Record low vacancy rates in the Reno area allowed landlords to charge some of the nation's most rapidly rising rents. From 2016 to 2018, rents increased by an average of more than 8% per year, including … [Read more...] about NVSAA Report Shows Reno Area Apartment Rents Rising More Slowly Amid the Coronavirus Pandemic and Building Boom
NVSAA Report Shows Las Vegas Area Apartment Rents Bounced Back From Pandemic Dip and Proving Resilient So Far
LAS VEGAS – A report released this week by the Nevada State Apartment Association (NVSAA) shows local apartment rents were resilient in the second quarter of 2020 while vacancy rates remained relatively stable thanks largely to Nevada’s eviction moratorium. The report, issued by the NVSAA based on data provided by CoStar, shows rent growth rebounded from a downturn early in … [Read more...] about NVSAA Report Shows Las Vegas Area Apartment Rents Bounced Back From Pandemic Dip and Proving Resilient So Far
Nevada State Apartment Association Report Shows Reno Area Apartment Rents Retreating as COVID-19 Crisis Hits Northern Nevada
RENO – A report released this week by the Nevada State Apartment Association (NVSAA) shows local apartment rents retreating as the coronavirus hit Northern Nevada. The report, issued by the NVSAA based on data provided by CoStar, shows average asking rents in the Reno-Sparks metro area during the first quarter of 2020 were $1,225. That’s down from $1,232 during the same … [Read more...] about Nevada State Apartment Association Report Shows Reno Area Apartment Rents Retreating as COVID-19 Crisis Hits Northern Nevada
NVSAA Report Shows Las Vegas Area Apartment Rents Sinking Since Start of the COVID-19 Crisis
LAS VEGAS – A report released this week by the Nevada State Apartment Association (NVSAA) shows local apartment rents starting to slide as the coronavirus hit Southern Nevada. The report, issued by the NVSAA based on data provided by CoStar, shows daily average asking rents in the Las Vegas metro fell by about 1% between March 16 and 26 – and even more for 4- and 5-star … [Read more...] about NVSAA Report Shows Las Vegas Area Apartment Rents Sinking Since Start of the COVID-19 Crisis
NVSAA Working With Nevada Residents and Communities as State Issues Temporary Moratorium on Evictions During COVID-19 Pandemic
LAS VEGAS – The Nevada State Apartment Association (NVSAA) recognizes its members and residents are facing unprecedented pressures. Now that Nevada Gov. Steve Sisolak has temporarily suspended all evictions in the state, NVSAA is increasing its efforts to help residents and communities during the coronavirus pandemic. To protect those who rent, manage and own properties in … [Read more...] about NVSAA Working With Nevada Residents and Communities as State Issues Temporary Moratorium on Evictions During COVID-19 Pandemic
Nevada State Apartment Association Report Shows Rents Leveling off in Reno
RENO – Apartment rents are leveling off in the Reno-Sparks area, thanks largely to the increasing number of units being built. So says a report released this week by the Nevada State Apartment Association (NVSAA). The report, issued by the NVSAA based on data provided by CoStar, shows the average asking rent for apartments in the Reno-Sparks metro area at the end of 2019 … [Read more...] about Nevada State Apartment Association Report Shows Rents Leveling off in Reno
Nvsaa Report Shows Las Vegas Apartment Rents Rising More Slowly
LAS VEGAS – Apartment rents continue to rise in the Las Vegas area, though at a slower rate than recent years as more apartments are being built. So says a report released this week by the Nevada State Apartment Association (NVSAA). The report, issued by the NVSAA based on data provided by CoStar, shows the average asking rent for an apartment in the Las Vegas metro area at … [Read more...] about Nvsaa Report Shows Las Vegas Apartment Rents Rising More Slowly
Nevada State Apartment Association Announces Newly Elected Board of Directors for 2020
LAS VEGAS – The Nevada State Apartment Association (NVSAA), the voice of the multifamily housing industry in Nevada, has announced its newly elected board of directors for 2020, led by incoming NVSAA President Phyllis Garcia, a regional manager for Ovation Property Management. In addition to Garcia, 2020 NVSAA officers include: • Troy Perkins, NVSAA vice president, with … [Read more...] about Nevada State Apartment Association Announces Newly Elected Board of Directors for 2020
Northern Nevada’s Best Maintenance Professionals Compete in the Nevada State Apartment Association’s Maintenance Mania 2019
RENO – More than 90 of Northern Nevada’s best maintenance professionals recently competed in The Nevada State Apartment Association regional competition of Maintenance Mania®. Contestants completed eight maintenance-focused events, including air conditioner repair and water heater installation. Winners included: First place: Marvin Morgan - Sequoia EquitiesSecond place: … [Read more...] about Northern Nevada’s Best Maintenance Professionals Compete in the Nevada State Apartment Association’s Maintenance Mania 2019
Nevada State Apartment Association Donates to Eddy House
The Nevada State Apartment Association presented a check for $4,500 to Eddy House. The funds were raised through apartment association members participating in a poker tournament fundraiser. NVSAA supports Eddy House, whose objective is to end youth homelessness in Northern Nevada. About the NVSAAThe Nevada State Apartment Association is the voice of the multifamily housing … [Read more...] about Nevada State Apartment Association Donates to Eddy House
Nevada State Apartment Association Makes a Donation to Project 150
Nevada State Apartment Association Executive Director Susy Vasquez, left, presented a check for $4,800 to Project 150’s Kelli Kristo. The funds were raised through apartment association members participating in a poker tournament fundraiser. NVSAA supports Project 150, which serves homeless, displaced and disadvantaged high school students throughout Nevada. About the … [Read more...] about Nevada State Apartment Association Makes a Donation to Project 150