News & Trends

This department of Rental Housing Journal is dedicating to keeping apartment owners, multifamily executives, real estate investors, landlords and other real estate professionals up to date with the latest trends in real estate, property management and more. Here you will find trends in rents, real estate sales, apartment development, the economy at large and property management and investing industry matters.

real estate market trends
Tue
09
Jan
The Editors's picture

Rents Unchanged In December But Still Up 2.5% Year-Over-Year

Rents Unchanged In December But Still Up 2.5% Year-Over-Year

The average multifamily rent in the U.S. stood at $1,359 in December, unchanged from November but a 2.5% year-over-year increase for rents, according to a survey of 121 markets by Yardi Matrix.

Strong demand, the economy’s solid footing and a robust job market offer encouraging signs that growth will continue in 2018.

Rents were down 0.3% in the fourth quarter, which is only the second negative quarter of growth nationally since the second quarter of 2010 (rents also fell 0.2% in the fourth quarter of 2016).

“Although the results are somewhat negative compared to recent history, what’s notable is how consistently strong the market has performed during the entire recovery,” Yardi Matrix writes in the report.

Tue
09
Jan
The Editors's picture

Portland Tenants United Founder Resigns After “White Supremacy” Charge

Portland Tenants United Founder Resigns After “White Supremacy” Charge

Portland Tenants United founder Margot Black is resigning her leadership post with the organization after a black activist accused the group of "white supremacy," according to a report in Willamette Week.

 Portland Tenants United  has organized protests the last two years at the annual awards ceremony of a Portland property management association with pickets showing up at the event and carrying signs.

Tue
09
Jan
The Editors's picture

Are Your Social Media Posts Compliant With Fair Housing Laws?

Are Your Social Media Posts Compliant With Fair Housing Laws?

The Grace Hill training tip of the week focuses on how Fair Housing Laws apply to social media posts and property management.

By Ellen Clark

 Social media is a great tool for marketing in the multifamily industry to help build strong connections and community with your customers, but did you know Fair Housing laws apply?

When you share information in print or in person you may be aware of the Fair Housing issues, but are you watching all of your social media posts as closely?

The same rules apply. You are responsible for complying with anti-discrimination and anti-harassment laws, no matter what form of communication you are using.

Wed
03
Jan
The Editors's picture

The 2018 Salt Lake Home Show Opens Friday, January 5

Aubrey and Bristol Marunde of HGTV’s Flip or Flop Vegas at Salt Lake Home Show this weekend

The Salt Lake Home Show opens Friday at the Mountain America Expo Center featuring Anthony Carrino and John Colaneri of HGTV’s Kitchen Cousins and Aubrey and Bristol Marunde of HGTV’s Flip or Flop Vegas. The will appear on the design stage at the Home Show this weekend, according to a release.

The show runs from Friday through Sunday, January 7 at the Mountain America Expo Center, formerly South Towne Expo Center.

Tue
02
Jan
The Editors's picture

Oregon Tops List For Inbound Movers As They Flee Midwest, Northeast

Oregon Tops List For Inbound Movers As They Flee Midwest, Northeast

Movers are heading to the Mountain West and Pacific Northwest as those locations dominate where people are moving to, according to a new study.

Among the Mountain and Pacific Northwest, Oregon dominates all states. As a region, the Mountain West continues to increase in popularity with 54 percent of moves being inbound. The West is represented on the high-inbound list by Oregon (65 percent), Idaho (63 percent), Nevada (61 percent) Washington (59 percent), and Colorado (56 percent). 

Wed
27
Dec
The Editors's picture

Utah Population Growth Shifts To People Coming For Jobs

Utah Population Growth Shifts To People Coming For Jobs

Utah population growth is continuing and shows a shift in the sources of population growth which is putting a strain on the state's rental housing, according to a report from the Utah Population Committee at the Kem C. Gardner Policy Institute at the University of Utah.

Economic expansion is drawing migrants to Utah and continuing to put pressure on the housing market and rental markets in the state.

“Historically natural increase has been the mainstay of the state’s growth, a product of high birth rates and low death rates. Utah, along with the nation, has had gradual long term increases in median age and declines in fertility,” the report says.

Tue
26
Dec
The Editors's picture

7 Predictions For Housing And Property Management In 2018

predictions for housing and property management in 2018

Predictions for housing and property management are things a property manager or landlord rarely have the time to look at. So here is a quick guide from the folks at Buildium.com that looks at 7 predictions for 2018. The start of a new year is the perfect time to pause and reflect on the larger forces at work in the real estate and housing world  impacting your job.

“We know that you don't have the time to find out what hundreds of experts have to say about the 2018 real estate market. That's why we did it for you—and we’ve boiled down our extensive research into 7 quick predictions to help you prepare for the challenges you can expect to face,” Buildium.com writes.

Thu
21
Dec
The Editors's picture

Seattle Last Of The Boom Markets To See Rents Moderate

Seattle Last Of The Boom Markets To See Rents Moderate

Seattle is the last of the apartment boom markets to begin to see rents moderate, according to a release from Axiometrics.

Seattle was one of the top major metros for effective rent growth back at the peak of this apartment cycle back in 2014 and 2015. And rent trends in the Emerald City area have remained among the elite as the national market moderated in 2016, Dave Sorter reports for Axiometrics.

Mon
18
Dec
The Editors's picture

More Adults Living With Roommates Due To Rental Prices

More Adults Living With Roommates Due To Rental Prices

As rents across the country rise, the number of working adults living with roommates or parents in order to cut costs and share living expenses has grown rapidly, according to new research.

"As rents have outpaced incomes, living alone is no longer an option for many working-aged adults," Zillow senior economist Aaron Terrazas, said in the release.

 "By sharing a home with roommates -- or in some cases, with adult parents -- working adults are able to afford to live in more desirable neighborhoods without shouldering the full cost alone. But this phenomenon is not limited to expensive cities.

Wed
13
Dec
The Editors's picture

Salt Lake City, Phoenix Among Top Cities For Tech Hiring in 2018

Technology executives anticipate strong tech hiring activity in the first half of 2018, according to the latest Robert Half Technology IT Hiring Forecast and Local Trends Report.

 Twenty-one percent of CIOs surveyed say they plan to add full-time technology professionals to their teams in the first six months of the year, the same as the second half of 2017, and up 5 points from one year ago at this time, according to a release.

 In addition to hiring plans, the bi-annual report also highlights technology skills in demand and CIOs' top business priorities.

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