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...
Amazon To Spark Apartment Boom With New Second Headquarters Locations
Amazon is expected to spark an apartment boom in the Long Island City and Crystal City areas of New York and Washington where the company has announced it will place its additional headquarters locations.
So...
Rent Control Expansion Soundly Defeated By California Voters As Landlords Win
Rent control expansion in California was soundly defeated by voters who declined to repeal a 23-year-old law that limits cities’ ability to enact rent control, giving an election-day win for landlords.
Voters declined to repeal...
Seattle Rents Decline Sharply Over The Past Month While Other Cities In Metro Rise
Seattle rents have declined 0.7% over the past month, and have decreased moderately by 1.3% in comparison to the same time last year, according to the November report from ApartmentList.com.
Currently, median rents in Seattle...