Remove 2022 Remove Lease 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

Property managers’ revenue may be growing more than they think [The Lookout]

Buildium

In 2024, we can see that more companies reported equivalent or greater revenue growth than they did in any year between 2017 and 2022. On one hand, companies are anticipating less revenue growth over the next two years than they projected in 2022 and 2023. 41% will expand the services they provide.

Insiders

Sign Up for our Newsletter

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

article thumbnail

What is the San Francisco Silicon Valley’s Sub-Lease Market Impact on Commercial Property Values in 2025

Esquire Property Management Group

The Sublease Market 2025 is shaping the landscape, with sublease space dropping by 3% in the fourth quarter of 2024, falling below 8 million square feet for the first time since 2022. Sublease opportunities frequently present reduced rates and pre-existing fit outs, rendering them appealing alternatives to direct leasing agreements.

article thumbnail

Residential Property Maintenance Metrics and Improving NOI (with Ray Hespen)

Fourandhalf

No one wants to turn a property when maintenance costs are higher and rents are holding or even compressing. Annual Cost of Repairs per Owner: The Magic Number On his previous appearance, Ray said that the magic number is 12 percent of rents collected. In 2022, a property manager could rent a home sight unseen.

article thumbnail

National Rent Growth Flips Positive In February

Rental Housing Journal

National rent growth flipped back to positive in February for the first time since July 2024, according to the March report from Apartment List. National rents fell 0.2% Year-over-year national rent growth also remains negative at -0.4 Year-over-year national rent growth also remains negative at -0.4

Rent 52
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%. Leverage Technology: Use tenant portals for a smoother management experience, allowing tenants to easily pay rent and request services. means that keeping your tenants happy is very important.

article thumbnail

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%

Apartment 130