Research Reports
Explore data-driven research on real estate, housing, self storage, moving trends and economic forces shaping today’s markets.
Choosing the Best Self Storage Facility – A Guide for Houston Residents
Renting self storage is the right answer to all sorts of logistical problems, such as moving house, remodeling, or simply needing more storage space at home. Houston residents are in luck when it comes to self storage – there are about 336 facilities in the area to choose from, and the prices are quite affordable.
Americans Plan Stockpiling Food and More: Trends in Online Browsing in a Time of Pandemic
The last few weeks have been chaotic, to say the least. From a distant and diffuse threat, the coronavirus epidemic turned into a pandemic and became a worldwide emergency. The rapid pace at which the situation evolved has generated concern among many people – and, occasionally, even panic.
Why You Should Rent a Warehouse for Your Online Store
As e-commerce businesses continue to seek ways to push for speedier deliveries, the demand for warehousing increases. According to the consulting firm CBRE Group, warehouse rents went up by 33.7 percent to an average of $6.67 per square foot in the 5 years from 2014 to 2019. Demand for storage space is high and there’s a reason for that.
US Mobility Rate at Historic Lows with Moving Driven by Housing, Not Jobs
Mobility in the US might be on a descending trend, but a sizable proportion of Americans still move every year, which has significant implications for local economies and urban dynamics.
Fairway America: Retail-to-Storage Repurposing Is a Great Investment
The lowering of street rates in many parts of the country might indicate that there are enough self-storage facilities already, and yet they are still being built. To find out more, we talked to a leading investment company with a special interest in this sector. As it turns out, investment in self-storage is still a great idea and it can be done most successfully if you keep your business ahead of the game, according to Fairway America.
California-Texas Emerges as the Busiest Interstate Relocation Route, with Moving Costs Starting at $3,700
Mobility and moving in search of new opportunities is deeply ingrained in the American lifestyle, and having this type of mindset can be economically beneficial. Moreover, moving gives people freedom of choice regarding the best place for their needs, whether they’re on a quest for better housing, specialized academic opportunities, or a more varied cultural and entertainment scene.
Where’s Public Transportation Going Today? Major Cities Move in the Right Direction
Driving a car is still America’s favorite way to get to work, but public transit use has been increasing across the nation at almost twice the rate. Congestion and commute times for car riders have increased, making public transport more appealing, while also providing an environmentally and economically-friendly solution.
Boston’s Self-Storage Sector Shows Signs of Strength, Despite Negative Y-O-Y Performance
Boston’s self-storage market is historically under-supplied, featuring a net market penetration of 4.5 rentable square feet per capita, lower than both the national average of 6.3 square feet per capita and the traditional benchmark of 7 square feet per capita.
The Portland Paradox: Self-Storage Construction Still Active, Despite Drop in Street Rates
The self-storage industry in the Portland metro area is following a trend that, at first sight, seems rather contradictory. While street rates for self-storage are declining, the proportion of planned and under- construction projects remains one of the highest in the nation.
Top 5 Add-Ons for Self-Storage Facilities
Over the last decade, few real estate sectors have skyrocketed like the self-storage market. The growth in this industry can be explained by increased urbanization and an improved economic outlook.
Houston Self-Storage: Does Space City Need Any More of It?
Houston is famous for space, not just NASA’s center for human spaceflight, but also the way it has tended to expand to accommodate a growing population. The same might be said for the self-storage industry in the city, which has 68.4 million square feet of space, and its self-storage footage per person ratio of more than 9.5 is one of the highest in the country, according to Yardi Matrix in July 2019. But the data also reveals that street rates on a range of self-storage unit sizes in Space City have dropped significantly on a year-over-year basis.
Top 5 Markets for New Self-Storage Construction
The self-storage industry has become one of real estate’s hotspots, mostly thanks to the growing job market and heightened demand that keeps investors busy. Whether people are buying more, or, on the contrary, are downsizing their home, they need storage facilities to keep things in order. According to the National Self-Storage Report conducted by Yardi Matrix in August 2019, the development activity intensified in about 40% of the top markets, compared to the previous month, with the number of self-storage projects under construction or in the planning stages being equivalent to 9.5% of the total current inventory. Drawn from Yardi Matrix’s national database of more than 27,000 stores, here are the top 5 hottest markets for new self-storage construction: