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2025 To See Decline in Rent Concessions, More Pet-Friendly

Rental Housing Journal

Zillow predicts in 2025 that rent concessions will decline and more rental properties will become pet-friendly. Apartment renters enjoyed a relatively friendly market in 2024, at least compared to the record rent growth seen in 2022, Zillow said in the report.

Rent 104
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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 suit claims this is a “taking” of the landlord’s property. The city has retained the law firm Bryan Cave Leighton Paisner.

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Tenant Retention 101: Essential Tips for Property Managers

BetterWho

You’re not only looking at lost rent for every month your property is empty. in 2022, which is much better than the average of 19.5%. This includes checking backgrounds and speaking with previous landlords to ensure reliability. Call previous landlords to get insights into their behavior and reliability.

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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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2024 Annual Rental Housing Report Key Takeaways

Rental Choice

The rental market rapidly increased during 2021 and 2022. However, rent growth for apartments with professional management fell during the third quarter (Q3) of 2023. Only 1% of the markets reported a rent growth of 10% in Q3 of 2023. In 2022, a record-high number of renter households (approximately 22.4 to just 0.4%.

Apartment 130
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Best Cities for Real Estate Investment by GRM (Price/Rent Ratio) in Q4 2024

SparkRental

home prices went on quite a ride—going from $250,000 to $400,000 during the pandemic years before cooling off in late 2022. This compares with the annual pace of 3.13% seen in 2023 and is more normal than the frothy 7.45% growth in 2022. by population, mapped with their GRM, median rent, and median home price.

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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.