Malden Apartment Rental Market Report 2022
As rent prices are soaring to record levels all over the metro Boston region, Malden’s apartment rental market is looking stronger than ever. Both real-time vacancy rate (RTVR) and real-time availability rate (RTAR) in Malden MA have both reached record lows in the past 12 months. Because of the tight supply, average rent prices for Malden apartments have never been higher. Let’s take a look at the main trends driving the apartment rental market in Malden MA.
Record-Low Apartment Supply in Malden
The current apartment vacancy rate (RTVR) in Malden is 0.79%. That figure is down -72.76% from mid-August last year when the market was still recovering from COVID. In late July, Malden’s RTVR hit 0.55% which marked a record low. This has been the prevailing trend in Boston over the past few months.
Guide to Managing Postpartum Hair Loss
Postpartum hair loss is a common occurrence for women after giving birth. Many new moms see noticeable hair loss in the first six months after birth, and it can be disconcerting to some. After delivery, the body is depleted of estrogen and progesterone. This causes your hair to grow more slowly and thin out. Hormone fluctuations are inevitable for new moms, and so is hair loss..
Still, there are some things you can do to manage postpartum hair loss. Here are a few:
The most Expensive Rental Markets in the US
Despite the less-than-optimistic economic outlook, rent prices have been on the rise across much of the country this year. It appears like inflation is pushing prices up for renters, as the average rent in the US has risen by +14.75% since June 2021. Rents have surged even higher than the national average in several of the nation’s most expensive rental markets, namely in Miami (+28.35%), New York (+20.50%), and San Diego (+19.26%).
Here are the top 6 most expensive rental markets in the US.
Going Back to Work After Maternity Leave
You’re probably not surprised to hear that most moms are less than thrilled about returning to work after maternity leave. Leaving your little one after all you’ve been through is gut wrenching for many moms, and if you had a short maternity leave you may be physically feeling less than 100%. If you’re about to go back to work after maternity leave, you can probably understand why many new moms decide to not go back at all.
But life is real and households with one income ain’t what they used to be. So if you’re transitioning back to work after giving birth, there are some things you can do to make it as painless as possible.
Boston's Average Rent Price Continues to Climb To Record Highs
With just 5 week remaining until September 1, Boston’s average rent price is still climbing to new record highs weekly. The current average rent price of $2,710 for non-luxury Boston apartments is up +7.6% year-over-year and up +0.57% since last month. Price growth has shown signs of slowing down through July, but they will likely continue to rise until the pivotal 9/1 leasing date.
Why are Boston rents going up?
Boston’s rent prices are going up because of a record-low supply of available apartments in Boston. The current real-time availability rate of Boston apartments 2.04%. That is less than half of the previous all-time low July availability rate of 4.25%, which was recorded in 2019. That means apartment hunters in Boston are seeing half of the rental inventory they were seeing prior to the pandemic. With supply so low and demand for housing greater than ever, prices have nowhere to go but up. Inflation is also adding to landlord expenses, which is trickling down to the renter.
Tips for Managing Postpartum Hormones
It’s very common for new moms to experience hormonal fluctuations both during and after pregnancy. Estrogen and progesterone levels increase during pregnancy. These hormones are needed for placenta production. When the placenta falls out during delivery, your hormone levels fall as well. This drop in estrogen is needed to support milk production and heal your body. Still, such a drastic change in hormones causes many new moms to struggle with postpartum anxiety and PPD.
It’s important to denote the difference between postpartum hormonal fluctuations and postpartum hormonal imbalance. Thyroid issues during pregnancy are a reality for 5-10% of women, so it’s important to know the symptomsLinks to an external site. and understand your risk. If you feel like you may be suffering from hyperthyroidism or hypothyroidism as a result of your pregnancy, it’s important you consult with your doctor.
That being said, if you’re looking for some things you can do to naturally bring your body back in balance, follow these steps.
Boston Real Estate Market Forecast
Boston’s real estate market is showing early signs of downturn following a decade of record breaking price growth. Boston real estate prices have more than doubled since 2012, and now in 2022 the city’s 1-year median sale price is $810K for single-family homes and $719K for condos. However, a price correction appears imminent due to rising interest rates and demand destruction.
Are Real Estate Prices Going Down in Boston?
As of July, real estate prices have not dropped in Boston. For single family homes, the 1-year median sale price in Boston is up +3.66% compared to January ($781K) and +7.29% since September of last year ($755K). For Boston condos, the 1-year median price has increased by +2.69% since January ($699K) and +5.71% since September.
Best Supplements for Increasing Lactation
There is much debate on the effectiveness of supplements for increasing milk production. People have been using many of the supplements on this list since before modern medicine, and many people still swear by them today. Unfortunately, natural medicines rarely get the attention they deserve from researchers, so there isn’t an abundance of scientific observation on their efficacy. While your results will likely vary from others based on your chemistry, these are the most popular natural supplements used to increase lactation.
Featured Medford Apartments for Rent
The current demand for apartments in Medford is at an all time high. The Real- Time Vacancy Rate (RTVR) and the Real-Time Availability Rate (RTAR) are 20- 30% below the pre-pandemic levels- meaning there’s just not enough inventory. This much demand in the Medford area is typical. Due to the lack of inventory, the average rent price for Medford apartments is up 4.63% from this time last year. It’s now $57 more expensive on average to rent than the previous all time high of $2,159 in July 2020.
That being said, if you are looking to live in the Medford area, we have the most inventory available. Let’s take a look at some featured Medford MA apartments that are available for rent.
Boston Real Estate Market Mid Year Forecast 2022
Boston’s real estate market has been one of the nation’s storylines over the past decade. The metro area has seen the housing market explode as the limited supply of real estate inventory just hasn’t been able to keep pace with growing demand. Now, Massachusetts holds the 5th highest median sale price among all 50 states, and Boston is not far behind San Francisco in terms of real estate prices.
Many predicted that the red hot Boston real estate market would cool off in 2022 amidst record inflation, rising interest rates, and a recession looming. Half way through the year, it looks like those predictions may be turning into reality. Real estate sales have dipped slightly compared to the beginning of the year and inventory is up considerably from last year. However, Boston real estate prices are still rising thus far in 2022, albeit at a slower rate than last year.
