The Multifamily Applicant Risk Index (MAR Index) Report indicates an increase in national renter credit quality and applicant pool quality for the second quarter 2012 and now includes renter trends. The second quarter 2012 MAR Index value increased six points from the first quarter 2012 and three points from a year ago.
Here is how Seattle-Tacoma-Bellevue, WA performed in the second quarter compared to last year:
• Seattle-Tacoma-Bellevue, WA: 2Q12 MAR Index = 127
• Seattle-Tacoma-Bellevue, WA: 2Q11 MAR Index = 125