Property Management News
A new report from the apartment search website RentCafe has found that the size of new US apartments is once again rising, most notably in large cities including San Francisco, Manhattan, Chicago and Washington, DC. Nationwide, RentCafe found that new rental apartments are on average 916 square feet, 27 square feet larger than they were last year, with certain cities’ tenants gaining more space than others. Chicagoans gained an average of 97 square feet over the past decade, while San Franciscans gained 73 square feet over the same period. The reason for the trend towards general growth is no mystery. The report attributes it to a large sum of under-construction housing finally... Read more
As the real estate market continues to evolve, property owners have encountered a notable surge in insurance premiums. This increase has sparked the need for a deeper...
KEY TAKEAWAYS Airbnb hosts nationwide have formed impactful advocacy groups to combat regulations against short-term rentals. Financial backing from companies like...
RealPage says it isn’t doing anything wrong by suggesting to landlords how much rent they could charge. In a move to reclaim its own narrative, the property management...
President Biden has introduced a proposal that would impose rent control measures on nearly half the U.S. rental market, sparking alarm from some experts and industry...
New York state’s insurance regulator is warning companies that they can’t deny coverage to property owners because they rent to low-income tenants or residents with government housing subsidies. The state’s Department of Financial Services began sending letters today to property insurers, detailing a new state law that bans them from asking about tenants’ source or level of income and then refusing to cover apartment buildings based on those tenant characteristics. The directive comes nearly a year after Gothamist revealed the extent of a practice that critics have called insurance “redlining” and said is a driver of rising housing costs for landlords and tenants... Read more
Everyone has experienced the introduction of artificial intelligence in one way or another, not least in the travel and hospitality industries. From how we book flights,...
Do you know what motivates younger renters? What they plan to do about rental housing and the features and amenities they really want? Apartments.com ran a survey and...
Tiny home living comes with perks: a minimalist lifestyle, a reduced carbon footprint, and affordability, which is something that’s top of mind as housing...
The Housing Choice Voucher Program is the federal government’s major program for assisting low-income tenants, the disabled and the elderly to afford safe and sanitary...
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