January Quarterly Survey Indicates Apartment Conditions Mixed
Chart courtesy of the National Multifamily Housing Council.
Rental housing In January showed mixed results for apartment conditions with some softening of the market, according to a release from the National Multifamily Housing Council (NMHC).
Certain...
Federal Legislation Proposed to Target Eviction Crisis in America
Landlords are facing challenges to eviction practices in many cities and states and often vilified for simply taking steps to protect their businesses. The reality is that evictions are an awful side of the...
Property Managers Face Unprecedented Change In 2020
Property managers are at the center of the collision between rising rental demand, declining profitability, changing regulations, and the nationwide shortage of affordable places to live, according to the fifth annual survey of 1,738...
3 Reasons Why You Should Consider Trash Valet Service
Have you been thinking about adding a trash valet service at your property? In the race to attract renters, properties are continually trying to find new ways to make life easier for renters and...
Cincinnati Landlords Must Give Renters Security-Deposit Options
The Cincinnati City Council has passed an ordinance that takes effect in 90 days requiring landlords to give potential tenants security deposit options to traditional cash security deposits, according to reports.
Cincinnati is the first...
Apartment Jobs Almost 40 Percent Of Real Estate Jobs, NAA Says
Nearly 40 percent of available real estate jobs across the United States were in the apartment jobs sector during the fourth quarter of 2019, well above the longer-term average of 30 percent, according to...
Lack of New Construction Underlying Cause of Oregon Housing Affordability Crisis
The Oregon housing affordability crisis that rose in the last decade is tied to the lack of new housing construction over the past 10 years, according to the Oregon Office of Economic Analysis report.
“While...
Seattle Rents Decline for Third Month While Metro Rents Continue Rising
Seattle rents declined 0.2 percent over the past month, the third month in a row of slight declines, but have increased slightly by 1.8 percent year-over-year, according to the latest report from Apartment List.
Median...
National Average Rent Fell $1 In December
There was a weak end to a solid year for multifamily, with national average rents falling by $1 in December, according to the latest report from Yardi Matrix.
The report says 2019 will go down...
Rental Pricing Resources And Trends, By Size
By Steve Geidl
Rental pricing and how to set the price of their rentals is naturally one of the first questions asked by owners.
They often have some idea – which, unsurprisingly, may lean towards the...