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6 must-know industry trends for small property managers

Buildium

Fact #3: Tenant Quality Is Property Managers’ Top Concern Finding financially stable tenants is getting harder as rent growth outpaces wages, causing property management companies to prioritize tenant screening. Between 2001 and 2022, for example, rents rose by 21%—while renters’ incomes rose by just 2%. This comes as U.S.

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Affordable Rentals Vanish: Sub-$1K Apartments Now Just 7.5% of Market

American Apartment Owners Association

An accelerating surge in apartment rents is tightening the squeeze on the most affordable segments of the U.S. in 2022 and to 32.1% Redfin attributed the decline in listings to a boom in asking rents after the pandemic, which led to rents stabilizing near their record highs soon after. in 2022 and to 32.1%

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Fannie Mae Expands Initiative to Increase Housing Access for Voucher Holders

American Apartment Owners Association

Launched in April 2022 and extended through April 2026, the Expanded Housing Choice (EHC) initiative was created to expand opportunities for HCV holders by incentivizing borrowers who accept the vouchers as a valid source of income. Free Rental Application Get 20 Rental Forms for FREE, including a rental application.

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Seattle Hires Law Firm To Defend Against Landlord Lawsuit

Rental Housing Journal

The company alleges the city passed ordinances between 2018 and 2022 that hurt its ability to successfully operate a low-income apartment building. The city has retained the law firm Bryan Cave Leighton Paisner. The suit claims this is a “taking” of the landlord’s property.

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Single-Family Property Management Service Trends for 2022

Propertyware

By: Laurie Mega According to the 2022 State of the Property Management Industry Report , the number of renters living in single-family rentals has risen steadily for the last several years. Owners look to property managers to help them navigate myriad new laws and restrictions, while calming fears of income loss from delinquent rents.

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5 key property management industry trends to guide your 2025 planning

Buildium

They’re challenged to grow their revenue in spite of increased costs and flat rent growth in many areas of the U.S. T hough a majority of businesses expect their revenue to increase, they’re anticipating slightly less revenue growth than they did in 2022 and ‘23. What’s causing businesses’ revenue growth expectations to moderate?

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What is the Average Cash Flow on a Rental Property?

American Apartment Owners Association

Location can dictate the cost of certain expenses like property taxes, and if your property is in an area with rent control laws, there could be a limit to how much you can charge tenants. A multi-family property will allow you to collect rent from a number of tenants, while a single-family home would yield just one rent payment a month.