Rental Growth Rates Return To Pre-Pandemic Levels
Rental growth rates are returning to pre-pandemic levels in line with historic standards even though “asking rents are increasing at a slower rate than the last two years,” Yardi Matrix says in a special...
Now Is The Time to Promote Mental Health In Multifamily
"Multifamily experienced an improvement in mental health last year, but the number of people who reported less stress in 2023 fell to nearly the same level that multifamily experienced during the pandemic, according to...
2 Background Check Providers to Pay $5.8 Million Over Inaccurate Reports
The Federal Trade Commission (FTC) will require background check report providers TruthFinder and Instant Checkmate to pay $5.8 million to settle charges that they deceived consumers about whether consumers had criminal records, according to...
Expense Growth Clouds Future Multifamily Performance
While economic growth and a strong job market have helped multifamily asking rents grow nationally in August, operators are now facing the rapid expense growth on that side of the ledger, led by mushrooming...
Rental Market: August Rent Slows, Annual Fall Decline is Early
The rental market continued slowing down in August as both monthly and annual rent growth turned negative, according to the September report from Apartment List.
Rent growth typically follows a seasonal pattern with rents up...
Operational Efficiencies Top Challenge For Property Managers
Inflation has spoken “loud and clear” says a new report and operational efficiencies that can reduce costs are now the top challenge for rental property owners and property managers.
The National Apartment Association (NAA) along...
Rents Are Falling But Falling Slower In The Suburbs
Rents are falling and down year-over-year in most parts of the country but many suburban communities, which experienced dramatic rent inflation in 2021 and 2022, are seeing slower rent drops than urban areas, according...
Accessing Utah’s Home Energy Rebate Programs
Ryan Kristoff
The U.S. Dept. of Energy (DOE) recently announced that States can apply for their funding allocations through the Inflation Reduction Act (IRA)-created Home Energy Rebate programs.
Utah’s Office of Energy Development (OED) will administer...
New Apartment Construction To Remain High Until 2025
The new apartment construction building boom- the biggest since the 1970s – while slowing somewhat is expected to continue until 2025, according to a new report from Rent Café.
“Our annual apartment construction report based...
As Demand Slows, Supply is Key to Multifamily Rent
Rent growth is being driven by new units, and those multifamily rents are tied to supply as demand slows, says Yardi Matrix in its July report.
Also, demand is being driven by a strong job...