American Apartment Owners Association

DECEMBER 16, 2024

Over the first three quarters of 2024, demand for rental apartments has already surpassed last years total by more than 100,000 units. ended the third quarter with the strongest annual asking rent growth of the top 50 markets nationwide, 3.5%. At the opposite end of the scale, average apartment rents fell by 4.7%

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T&H Realty

JANUARY 20, 2025

Its common to see dips in rental rates and the number of homes rented, along with an increase in days on market (DOM). We expected two out of those three trendsbut rental rates actually increased in Q4 2024. Meanwhile, the number of homes rented? To put this in context, Q3 2024 saw 798 homes leasedmore than double Q4s total.

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Yardi Breeze

DECEMBER 6, 2024

I get many rent checks all at once and dont want to use the Yardi CHECKscan mobile app to deposit them individually. With the December 2024 update in Breeze Premier, you will be able to use Yardi Bill Pay to process EFT and check payments to tenants. Is there a way to get a reminder for when a tenant lease is coming due?

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MRI Software

FEBRUARY 6, 2024

As 2024 begins, the two main factors that plagued market conditions in 2023 are still present. Read on for more discussion on how occupancy and rent levels are responding to this less-than-positive setup. Occupancy Figure A looks at occupancy levels at the end of 2021 and compares them to occupancy at the end of January 2024.

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MRI Software

AUGUST 14, 2024

Adding to the analysis, an examination of how the fundamentals of occupancy, rent, supply, and demand have performed during 2024 currently provides the best guidance for how the year will end. Despite varied occupancy performances in the metro areas we cover, the negativity of rent trends is easing.

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MRI Software

MARCH 5, 2024

Hopes were high that February would bring an early start to the ‘fast leasing season’ and provide some occupancy recovery; however, February was fickle as new construction deliveries continued to overwhelm absorption in two thirds of the markets we serve. Austin now claims the largest drop in occupancy of the twelve metros listed below at -7.1

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Rental Housing Journal

JANUARY 7, 2025

The national median monthly rent closed out 2024 at $1,373 in December, after declining by 0.6 Year-over-year rent growth nationally also currently stands at -0.6 percent, meaning that the typical apartment is currently renting for slightly less than it was one year ago.

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MRI Software

APRIL 3, 2024

March brought disappointment to those anticipating the traditional start of the “fast leasing season,” hindering hopes for some occupancy recovery. Read on for more discussion on how occupancy and rent levels are responding to this less-than-positive setup. percentage points. percentage points.

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Authority Property Management

AUGUST 9, 2024

Thriving Redding Rentals: August Market Insights Welcome to our August 2024 rental market update! Quick Turnover: We’re renting units quickly, ensuring minimal downtime and maximizing rental income for property owners. For a comprehensive analysis on what your unit can rent for please reach out.

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MRI Software

JULY 15, 2024

Though it was expected to materialize in March, the “fast leasing season” finally arrived in June. Looking back, rent levels peaked in the middle of 2022. Since then, two routes of downward rent movement have been established. Twin peaks” would be an apt description of the profile for this group’s rent movement.

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Authority Property Management

JULY 18, 2024

July 2024 Newsletter: Optimizing Property Performance and Navigating New Legislation Welcome to our July 2024 rental market update! Enhanced Property Appeal: Properties that receive regular maintenance and updates are more appealing, resulting in quicker leasing periods.

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Authority Property Management

OCTOBER 25, 2024

If you’re unfamiliar, an "accidental landlord" describes property owners who rent out their homes because of life changes rather than a planned investment strategy. Maybe it’s a job relocation, or maybe the housing market isn’t exactly playing nice, but either way, renting becomes the smarter option. dip from last year.

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Buildium

NOVEMBER 12, 2024

For example, data analytics can help pinpoint what you should charge for services, the most effective leasing strategies, or what market to invest in next. In fact, as of 2024, 24% of property management companies are using virtual assistants. Even the slightest tweaks can greatly improve your profit margins over time.

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California Pacific Realty

JANUARY 7, 2025

Are you curious why owning a home offers more advantages than renting? In recent years, many individuals and families have considered homeownership a viable alternative to renting. Unlike renting, owning a home can provide security and personalization. Unlike renting, owning a home can provide security and personalization.

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MRI Software

DECEMBER 14, 2024

The multifamily housing sector is buzzing with changes in 2024, and staying ahead of these shifts is key for multifamily property managers and landlords. Lets explore the top multifamily trends for 2024 that you need to know about. What are the most important design trends in multifamily properties for 2024?

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Muldoon Associates

MARCH 7, 2024

Our property management insights for 2024 are around technology, tenant demand, and remote work. Colorado Springs Rental Values While rents are peaking and even dropping elsewhere, they’re still rising in Colorado Springs. Recent statistics show that between January and July of 2023, the average rent in Colorado Springs is 0.6%

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Bay Property Management Group

DECEMBER 16, 2024

According to Apartments.com, the average rent for a two-bedroom apartment is $1,598 a month, while a four-bedroom houses rent is $2,665 a month (as of Dec. In general, Baltimores average rent prices are 6% lower than the national average.

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Muldoon Associates

SEPTEMBER 5, 2024

As with any investment, there are rewards and challenges to buying property here, but there’s a sustained interest in buying and renting out homes because there’s such a high demand of people who are looking for those homes. If you’re an investor with a home for rent, you’re in a pretty strong position.

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Multifamily Insiders

DECEMBER 3, 2024

This is the fourth in a 9-part series of “quick hit” blogs on the quickest way to uncover hidden revenue from leasing based on the presentation Bryan Pierce, Carol Enoch and Donald Davidoff gave at NAA’s 2024 Apartmentalize conference. Just enter those as “$0 amenities.”

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T&H Realty

OCTOBER 21, 2024

Properties are being leased faster than we have seen in a while, which translates to fewer vacant days and more consistent income. A word of advice – Q3 is typically one of the best months for leasing in Indianapolis. Speaking of rent rates… rents rose $57 on average in Indianapolis to $1,550.

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MRI Software

DECEMBER 13, 2023

As we look towards 2024, a few key trends are emerging, driven by changing renter preferences, technological advancements, and societal shifts. In this guide, we explore the top trends in multifamily housing for 2024, offering insights to help you adapt and thrive in this dynamic market.

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T&H Realty

JULY 15, 2024

It seems investors are beginning to make the smart choice to not spike rents during the busier season. We still are just not seeing the demand currently to back up those big rent increases, and others investors are starting to take notice. Speaking of demand, the number of homes leased saw a 20% decrease compared to Q1.

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California Pacific Realty

DECEMBER 6, 2024

Will renting do more harm than good for your finances and living preferences? When searching for a place to live, renting and owning can affect one’s financial decisions and lifestyle. Why Is It Better to Rent Than Buy a Place in 2024? For several reasons, renting can be more advantageous than buying a home.

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Rental Choice

MAY 7, 2024

After all, you can’t rent out a dilapidated and unlivable property. Tenants may withhold their rent payment, hire a third party to perform the maintenance task, or even call local law enforcement regarding the rental property repairs. Often, landlords outline the tenant’s maintenance responsibilities in the lease.

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Multifamily Insiders

DECEMBER 9, 2024

This is the fourth in a 9-part series of quick hit blogs on the quickest way to uncover hidden revenue from leasing based on the presentation Bryan Pierce, Carol Enoch and Donald Davidoff gave at NAAs 2024 Apartmentalize conference. This is because those reports only audit the base rent as they assume amenity pricing is correct.

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Authority Property Management

SEPTEMBER 12, 2024

Why you should vote for us as Best Property Manager in the Best of North State 2024 When it comes to property management, we at Authority Property Management know that choosing the right partner can make all the difference. From the moment you start working with us, you’ll notice the attention to detail and personal touch that sets us apart.

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Property Manager Property Management Management Property 78

Nest DC

DECEMBER 16, 2024

Question: What is the best way to get DC tenants to leave when they do not pay their entire rent on a regular basis? Here's our recommended approach: For late rent payments, we follow a structured process: When a resident owes over $600 in unpaid rent, the eviction process can begin. The good news?

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Avantio

JUNE 3, 2024

Short-term rentals are a real estate investment strategy where you rent out a property for stays lasting days to months. Unlike traditional rentals with year-long leases, short-term rentals offer flexibility and potentially higher nightly rates. However, investors must navigate strict local regulations​​.

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Multifamily Insiders

DECEMBER 10, 2024

This is the fourth in a 9-part series of quick hit blogs on the quickest way to uncover hidden revenue from leasing based on the presentation Bryan Pierce, Carol Enoch and Donald Davidoff gave at NAAs 2024 Apartmentalize conference. Into the home stretch of this series, lets talk about the misuse of $0 amenities.

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RL Property Management

DECEMBER 23, 2024

Its a delicate balancing act: set the rent too high, and you risk prolonged vacancies, reducing cash flow and increasing turnover costs; set it too low, and you leave money on the table, potentially undervaluing your property. Market Analysis: Knowing what comparable properties are renting for is key to effective pricing.

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Landlord Property Management Property Manager Tenant 98

Multifamily Insiders

DECEMBER 16, 2024

This is the eighth in a 9-part series of quick hit blogs on the quickest way to uncover hidden revenue from leasing based on the presentation Bryan Pierce, Carol Enoch and Donald Davidoff gave at NAAs 2024 Apartmentalize conference.

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Multifamily Insiders

NOVEMBER 26, 2024

This is the third in a 9-part series of “quick hit” blogs on the quickest way to uncover hidden revenue from leasing based on the presentation Bryan Pierce, Carol Enoch and Donald Davidoff gave at NAA’s 2024 Apartmentalize conference. Undercharging 30 homes by $45 is $1350 per month or $16,200 in lost rent.

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Multifamily Insiders

DECEMBER 2, 2024

This is the fourth in a 9-part series of “quick hit” blogs on the quickest way to uncover hidden revenue from leasing based on the presentation Bryan Pierce, Carol Enoch and Donald Davidoff gave at NAA’s 2024 Apartmentalize conference. However, add those up and the 40th floor $640 premium which may be too much.

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Lease Rent Management Apartment 59

Multifamily Insiders

NOVEMBER 20, 2024

First in a 9-part series of “quick hit” blogs on the quickest way to uncover hidden revenue from leasing based on the presentation Bryan Pierce, Carol Enoch and Donald Davidoff gave at NAA’s 2024 Apartmentalize conference.

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Lease Property Management Property Manager Maintenance 59

MRI Software

NOVEMBER 6, 2023

A drop in traffic and leases, combined with heavy doses of new supply, established lower occupancy percentages across the board. New construction deliveries in 2023, as well as in the coming years of 2024 and 2025, will be greater than the best year of deliveries since the Great Financial Crisis, or since 2010.

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MRI Software

JANUARY 5, 2024

As 2021 closed, occupancy levels were near all-time highs driven by the spike in leasing activity with the economic reopening from COVID shutdowns. New construction deliveries in 2023, as well as in 2024, will be well above long-term averages due to the historic levels of new construction.

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MRI Software

OCTOBER 5, 2023

New construction deliveries in 2023, as well as in the coming years of 2024 and 2025, will be greater than the best year of deliveries since the Great Financial Crisis, or since 2010. The additional demand that multifamily lease-ups once enjoyed from home buyers who became renters due to high mortgage rates has faded. and is now -3.1%.

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