Rents Rise, As Do Political Pressure and Rent Control
Multifamily rents in the United States reached a new high in October, signaling strength and resilience across the industry but also provoking a backlash among advocates for renters and their allies in state governments...
Seattle’s Linden Square Apartments Sold For $52 Million
Two companies have purchased the 186-unit Linden Square Apartments in North Seattle for $52,750,000, according to a release.
RISE Properties Trust (“RISE”) a Canadian real estate trust based in Seattle, and Aegon Real Assets US...
Resident Preferences Show In-Person Tours Of Apartments Before Renting Still Important
Resident preferences show most renters still prefer an in-person tours of apartments with a representative, according to a new resident-preferences report from the National Multifamily Housing Council (NMHC).
“While emerging technologies have allowed communities to...
Demographics Continue To Drive Multifamily Demand
Demographics continue to drive multifamily demand, and along with lifestyle changes, will continue to fuel strong demand and the need for 425,000 multifamily rental units per year, Yardi Matrix experts said in a recent...
Man Who Threatened to Kill His Landlords Sentenced to 40 Years
A Beaverton, Oregon man who threatened to kill his landlords and used mercury to deter people from entering his apartment has been sentenced to 40 years in prison, a sentence “commensurate to the danger...
The Job of Property Management Is Changing, Survey Shows
How the job of property management is changing “came through loud and clear” in this year’s annual survey of property managers, said Chris Litster, CEO of Buildium, in a recent webinar.
Litster presented the 2020...
Seattle Improving Some Housing Policies, But More Need To Change
Seattle housing policies are the topic of this opinion blog from an attorney on how bad policy can be the originator of housing issues.
By Ethan Blevins
Pacific Legal Foundation
For decades, cities have slogged through a...
Portland Rents Declined After Three Months of Increases
After three straight months of increases, Portland rents declined slightly in October, declining 0.8 percent over the past month, according to Apartment List.
Currently, median rents in Portland are $1,133 for a one-bedroom apartment and...
Rising Rent Control Is Slowing Development And Investment
States and municipalities threatening to or imposing rent control are losing interest from multifamily firms, causing them to reconsider their investment decisions, according to the latest survey from the National Multifamily Housing Council (NMHC).
The...
4 Easy Steps to Furnishing Your Short-Term Rental Or Your Airbnb
Here are four easy steps to furnishing your short-term rental or Airbnb short-term rental to create a home-like appeal, in contrast to feeling like a traditional hotel room.
Guests who like traveling on their own...