Cooling U.S. Multifamily Market No Cause for Alarm
Multifamily market rent declines in November reflected the normal seasonal fluctuation, are no cause for alarm, and demand remains strong, according to the latest report from Yardi Matrix.
“Multifamily rent growth in 2018 stands at...
Landlords And Tenants Sue Seattle Over Mandatory Rental Inspections
Landlords and tenants in Seattle have filed a class action lawsuit challenging the city’s use of warrantless mandatory rental inspections, according to a release from the Institute for Justice.
The lawsuit, which was filed in...
National Apartment Rents Climb In December
October and November now look like a short-lived two-month hiatus from rent increases as December apartment rents for one-bedrooms rose nationally by .57 percent or a modest $6, according to the Abodo National Apartment...
Some Renters Say Rising Mortgage Rates Their Biggest Obstacle To Buying
In a new survey 19 percent of current renters say rising mortgage rates are their biggest obstacle to buying now so many renters will now continue renting.
“Rising mortgage rates will take a bite out...
New Study Says Seattle Has Smallest Apartments In U.S.
A new study shows the average size of apartments has declined over the past 10 years and Seattle has the smallest apartments in the U.S.
In its latest study, RentCafe, says the average apartment size...
How to Attract Eco-Conscious Tenants With Organic Decor Elements
If you are managing properties, your goal is to try and put together a liveable space people will actually want to rent and knowing what eco-conscious tenants want can be important.
However, before you start,...
Seattle’s Avenue5 Hires New Head Of Property Marketing
Seattle’s Avenue5 Residential, a private third-party multifamily property management services firm, has hired Catherrine Swaback-Jacobson as its vice president of property marketing.
In her new role, Swaback-Jacobson will lead Avenue5's property marketing team, which includes nearly...
Multifamily Rent Gains In Many Metros Overshadow Seasonal Decline
U.S. multifamily rent dropped by $1 to $1,420 in October 2018, the second straight month of decline, according to a survey of 127 markets by Yardi® Matrix Multifamily.
The 3.3% year-over-year multifamily rent growth for the...
New Short-Term Multifamily Rental Player In Portland, Seattle
A Portland based vacation rental management company has launched a new short-term multifamily rental site that claims it is “ready to become your most reliable tenant,” according to a release.
Vacasa, the largest vacation rental...
Portland Apartment Technology Company Cozy Sells For $68 Million
CoStar Group has acquired Portland apartment technology company Cozy Services Ltd., and plans to integrate its Innovative renter screening and rent payments solutions into Apartments.com, according to a release.
Cozy is considered an industry leader...