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Rental Demand is Slowing Down

Genuine Property Management

A popular topic with property managers nowadays is simply “are red hot rents finally starting to cool down?” ” Here’s some insight as to what is happening out there… RealPage has just reported that the third quarter was the largest drop in apartment rents since 2010.

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Customer Story: CAP Real Estate

Rent Manager

Operating since 2010, CAP Real Estates mission is to provide quality housing thats economical for […] The post Customer Story: CAP Real Estate appeared first on Rent Manager Property Management Software.

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Multifamily rental growth update through October 2023

MRI Software

New construction deliveries in 2023, as well as in the coming years of 2024 and 2025, will be greater than the best year of deliveries since the Great Financial Crisis, or since 2010. Current rent growth Lower occupancy puts rent levels under pressure. Houston’s rent growth continues to outpace all other markets at 2.1%.

Rent 52
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Multifamily rental growth update through September 2023

MRI Software

New construction deliveries in 2023, as well as in the coming years of 2024 and 2025, will be greater than the best year of deliveries since the Great Financial Crisis, or since 2010. Current rent growth Lower occupancy puts rent levels under pressure. Austin’s rent trend at the end of August was -3.4% and is now -3.1%.

Rent 52
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Multifamily rental growth update through November 2023

MRI Software

New construction deliveries in 2023, as well as in 2024, will be greater than the best year of deliveries since the Great Financial Crisis, or since 2010. Current rent growth Lower occupancy puts rent levels under pressure. All markets realized lower rent growth through November. off-market to -6.7%. off-market to -6.7%.

Rent 52
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Choosing Between Long-Term and Short-Term Rentals in Colorado Springs: A Guide for Real Estate Investors

Renjoy

from 2010 to 2020, reflecting a healthy influx of residents and a strong demand for housing. According to RentCafe, the average rent for an apartment in Colorado Springs is $1,439, reflecting a year-over-year increase of 9%. According to the U.S. Census Bureau, Colorado Springs’ population increased by 13.8%

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Staying Ahead of Market Trends: Colorado Springs Property Management Insights for 2024

Muldoon Associates

In fact, it’s increased by 15 percent since 2010. Colorado Springs Rental Values While rents are peaking and even dropping elsewhere, they’re still rising in Colorado Springs. Recent statistics show that between January and July of 2023, the average rent in Colorado Springs is 0.6% So many experts were sure it was coming.