Tuesday, January 31, 2023

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.

Company Rolls Out Smart Apartment Technology Package To 25,000 Units

Smart apartment home technology using thermostat and lighting control, digital home access and voice-enabled control is being rolled out nationwide to 25,000 luxury apartments, according to a release. Alliance Residential Company, Dwelo, Google and Nest...

Portland Plans Pilot Program To Expunge Criminal Records For Renters

Mayor Ted Wheeler is planning to have the City of Portland launch a pilot program designed to help potential renters expunge criminal records in an effort to give them access to better housing options,...

Multifamily Market Finishes First Half Of The Year With A Bang

The multifamily market had a healthy first half of the year, setting an all-time high, and easing fears that new apartments coming on line would slow growth, according to new report. Average rents rose $12...

Topless Woman Charged For Apartment Damage With Front End Loader

The topless woman who drove a stolen front end loader into a Montana apartment complex has been charged with four felonies and two misdemeanors after doing $1,600 in damage to the apartment complex, according...

44 Percent Of Workers Would Quit For Better Pay

New research from staffing firm OfficeTeam, a Robert Half company, says more than two in five professional office workers would quit, 44 percent, saying they'd leave their current job for one with better pay. Whatever...

Rent Upsurge Of 2.9 Percent Nationwide In June

Renters are paying an average of $40 more per month than a year ago as June rents brought a rents upsurge of 2.9 percent in national average rents, according to RENTCafe.com, based on Yardi...
Rental Pricing Rises Resources And Trends, By Size

Prices Rising Fastest For Two-Bedroom And Three-Bedroom Apartments

Prices are rising the fastest for two-bedroom and three-bedroom apartments, according to a new rent report, and tenants should expect to see higher prices this summer than last. Rent among two and three-bedroom homes is...

Potential Regional Multifamily Supply Overload In Key U.S. Housing Markets

Outsize multifamily deliveries and development activity in some major metros could increase vacancy rates and stagnate rent growth, according to a new report by Yardi® Matrix focusing on regional multifamily supply in some key U.S. housing...

Portland Multifamily View At Midyear 2018 And Outlook

Here is a look the Portland multifamily activity half way through 2018 and the forecast going forward. By Greg Frick HFO Investment Real Estate We anticipate a lack of on-market product even though significant capital remains available...
Credit Reporting and the CARES Act

Property Managers Challenged By Renters Thin, Limited Credit History

Property managers have a lot of balls in the air and many problems to deal with, but potential renters with thin, limited credit history is one of the bigger issues. In a survey across all...