Tuesday, September 10, 2024

News And Trends

At News & Trends you will find trends in rents, real estate sales, apartment development, the economy at large and property management and investing industry matters.

There are new apartment refrigerant requirements coming for communities in the HVAC field for 2024 and beyond to replace R-22 and R-410a.

New Apartment Refrigerant Requirements Coming

There are new refrigerant requirements coming for apartment communities in the HVAC field for 2024 and beyond to replace R-22 and R-410a. By Richard Berger For apartment communities, there is massive change ahead regarding refrigerants. While the...
Rent prices continued to rise in June but rent increases remain modest as the pace of growth slowed in what is typically the busy season.

Rent Prices Rise in June, But Rentals Slow

Rent prices continued to rise in June but overall rent increases remain modest, Apartment List says in its July report. While there have been five straight months now of rent increases, the national median rent...
new “luxury apartments” influence rental costs for all prices of apartments, including the lower-cost Class C apartments NMHC says

Do New Luxury Apartments Bring Lower Rents for All?

In a new research bulletin, the National Multifamily Housing Council (NMHC) says new “luxury apartments” influence rental costs for all prices of apartments, including the lower-cost Class C apartments. But many Americans remain skeptical as to whether...
A growing number of Americans are spending at least 90 minutes each way traveling to and from work, a practice known as “super-commuting"

Super-Commuting Grows As Bosses Pull Back On Remote Work

New data from the U.S. Census Bureau shows a growing number of Americans are spending at least 90 minutes each way traveling to and from work, a practice known as “super-commuting,” Apartment List says...
NAA announced the winners of the 2024 NAA Excellence Awards, a program that recognizes excellence and leadership in rental housing industry

NAA Announces 2024 Excellence Awards Winners

The National Apartment Association (NAA) has announced the winners of the 2024 NAA Excellence Awards, an annual program that recognizes excellence and leadership across the rental housing industry. This year’s award recipients were formally...
As the summer moving and leasing season heats up, RentCafe took a look to find out where the most competitive rental markets are located

Where Are the Most Competitive Rental Markets?

As the summer moving and leasing season heats up, RentCafe took a look to find out where the most competitive rental markets in the United States are located. “Overall, the U.S. rental market is experiencing...
Multifamily challenges and the direction of inflation and interest rates will be closely watched by the industry in the second half of 2024

Multifamily Challenges For Rest of 2024

The direction of inflation and interest rates will be closely watched by the multifamily industry along with other multifamily challenges in the second half of 2024, Yardi Matrix says in their summer report. “Performance continues...
The recent sharp pullback in multifamily construction permits means fewer multifamily projects getting underway Apartment List says.

What Does ‘Sharp Pullback’ in Multifamily Construction Permits Mean?

The recent sharp pullback in multifamily construction permits means fewer multifamily projects getting underway, Apartment List says in a new report. While the number of multifamily units under construction peaked in late 2023 at a...
A report by a progressive watchdog group called cites six big corporate landlords using RealPage rent-setting software and profits

Report Cites Profits of Big Landlords Using RealPage

A report by a progressive watchdog group called accountable.us cites six big corporate landlords using RealPage rent-setting software and how much those companies have raised rents. Three of the companies mentioned in the report are...
In Utah’s rental market, landlords seek effective strategies to ensure their properties remain fully booked year-round

The Utah Landlord’s Playbook: Strategies for Full Bookings

By Andres Dominguez III In Utah’s rental market, landlords seek effective strategies to ensure their properties remain fully booked year-round. With the rise of short-term rentals and an increasingly competitive landscape, staying ahead requires a...