Remove 2022 Remove Landlord Remove Rent
article thumbnail

Rents Rise Slightly For Second Month In A Row

Rental Housing Journal

March saw national rents rise slightly for the second month in a row, according to Apartment Lists April report. While the last two months have seen some rent increases, overall national year-over-year growth remains negative at -0.4 At the local level, 82 of the nations 100 largest cities saw rents rise in March.

Rent 96
article thumbnail

Cabinet and Countertop Solutions for Apartment Renovations or Builds

American Apartment Owners Association

In today’s market, the kitchen and bathroom design, look, and feel are major contributors and factors in renting and buying decisions. Why Landlords, Property Managers, and Property Owners Should Take an Interest The industry is calling for updates. This lowers the labor cost and decreases the time a unit is unavailable to rent.

Apartment 237
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The 5 best rental markets in New York State for investors & property managers in 2025

Buildium

Alongside the many positive factors that may pique real estate investors interest, there are three considerations that you may want to keep in mind when considering investing in New York State: Regulatory environment: Passed in 2019, the states Housing Stability and Tenant Protection Act dictates how landlords can operate rent-regulated units.

article thumbnail

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 105
article thumbnail

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.

article thumbnail

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.

article thumbnail

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.