Property Management News

As 2019 enters its homestretch, the U.S. apartment remains in very good shape. According to a recent report from Yardi Matrix, “the average national occupancy rate has been above 95.0 percent for several years, and housing trends would indicate that demand will remain strong for some time to come.” Additionally, “rents have grown 2.9 percent through the first three quarters of 2019,” the same report notes. “That represents a slight slowdown from the same periods over the last few years, but the performance is very respectable compared to long-term historical trends.” Given this, it’s no surprise that equity investors remain highly interested in the apartment market. In...Read more >

When considering the depth and breadth of the real estate industry there are myriad opportunities that could be included from realtors, appraisers, inspectors and attorneys to architects, general contractors and tradespeople to all things supporting home ownership like insurance agents, home improvement stores and their staff. In fact, according to the NAHB, housing accounts for 15-18% of the nation’s economy through either direct residential investment or through consumption spending on residential services. Personally, I see this as an investment question from a reader seeking to narrow down the universe of potential properties - or type of property - to purchase. Unfortunately no...Read more >