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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.

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Spotlight Interview: Tim Wehner, Past NARPM President & Property Manager Extraordinaire

Yardi Breeze

His term as president ended in 2023, but hes been involved with the association in one way or another for his entire career in real estate. which focuses on protecting tenants rights, landlords rights and property rights. Looking ahead, AI could be used to analyze leases and answer questions like, When is my rent due?

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Justice Department Sues 6 Large Landlords

Rental Housing Journal

The Justice Department, together with 10 state co-plaintiffs, has filed an amended complaint in its antitrust lawsuit against RealPage to sue six of the nations largest landlords for participating in algorithmic pricing schemes that harmed renters, according to a release. billion in 2023. Regularly conducting call-arounds.

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Rapidly Rising Rents Squeeze Millions in the Middle Class

American Apartment Owners Association

Rent costs have long weighed on lower-income households — now it’s coming for the middle class. Burdened by rents The percentage of middle-class renters burdened by costs has increased rapidly since 2019. A cost-burdened household is defined as one paying 30% or more of pretax income on rent and housing costs.

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Tips to Minimize Tenant Turnover

American Apartment Owners Association

Accordingto a report from Zego, the average cost of turning over a rental unit was $3,872 in 2023. For property management companies and landlords, focusing on tenant retention is not just a smart business move it’s essential for long-term success. Offer a range of flexible lease options to cater to diverse resident needs.

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6 must-know industry trends for small property managers

Buildium

However, the pace of growth has slowed since 2023, with a majority of businesses planning to expand their portfolios by 25% or less over the next two years. Between 2001 and 2022, for example, rents rose by 21%—while renters’ incomes rose by just 2%. In 2024, tenant quality emerged as the #1 concern for property management companies.

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Columbus Single-Family Rental Market: 2025 Investor Update

RL Property Management

In this exclusive investor update , we break down: Rental & pricing trends Where are home values and rents headed? Regulatory updates New policies landlords need to know. One key change is the Source-of-Income Protection Ordinance , requiring landlords to accept Section 8 tenants if they meet screening criteria.

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