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Residential Housing Market Update for Washington, DC 2023

Nest DC

Home prices, interest rates, and rental rates have steadily increased, and 2023 has seen a halt in movement because folks are giving careful consideration to the costs of moving versus staying in place. Rental Rates Rental rates are increasing alongside inflation, and faster than incomes.

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Investor’s guide to multifamily real estate syndication

MRI Software

In fact, according to a 2023 study by CBRE , multifamily properties have shown a strong recovery post-pandemic, with investment volumes increasing by 50% year-over-year. This makes multifamily real estate syndication an attractive option for investors looking to tap into the lucrative world of large-scale property investments.

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Property Management Outsourcing Services: Benefits and Cost

Second Nature

Repair and maintenance Many PMCs outsource repairs and property maintenance. We’ve spoken with experts like Bob Preston, who run their own maintenance companies separately as another source of income and an added value to their clients. At Second Nature, our renters insurance program has 100% compliance.

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Quitting Airbnb Hosting

Thanks For Visiting

Cities across the globe are implementing strict rules and imposing significant fines on short-term rental properties. For instance, New York City introduced regulations in 2023. Property maintenance, cleaning fees, higher utility bills, and insurance premiums all eat into profits.

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