Property Management News
Minneapolis was the most in-demand city for renters during the first half of 2024 thanks to a strong job market, walkable neighborhoods, a desirable lifestyle and a growing supply of new apartments with modern amenities, according to RentCafe.com’s mid-year rental activity report. The number of renters searching for apartments in Minneapolis using RentCafe.com nearly doubled compared to the first half of 2023 and saved searches increased 49%, which the report considers a strong indicator of interest. The report noted high demand in Minneapolis has led to a 21% decrease in available apartments year over year. RentCafe.com’s report revealed that renters are taking a... Read more
A new report on housing rent by Realtor.com shows that in June median asking rents for 0-2 bedroom units in the top 50 U.S. metros rose 21.2% compared to the same...
You’re witnessing an exciting transformation in multifamily real estate. Rental demand is surging with occupancy rates at 94.5%. Expect stabilizing rent growth...
San Francisco has become the first city in the nation to adopt an ordinance to ban the use of artificial intelligence software to set rental rates, according to...
A year ago, Moody’s research said expenses like insurance, utilities, and property taxes could experience inflation that exceeds revenue growth, straining net...
In multifamily real estate, you’ll find five emerging trends reshaping the landscape. Technology-driven amenities like smartphone apps and IP video intercoms enhance convenience and security. Sustainable living features, including energy-efficient appliances and green spaces, meet growing environmental demands and attract premium rents. Urban and transit proximity increases property desirability due to easy access to jobs and services. Flexible workspaces integrated into properties support remote work needs and increase tenant retention. Lastly, community-oriented designs with shared spaces foster social interaction and a sense of belonging. For a deeper insight into these... Read more
You’re seeing several key trends in multifamily real estate. Demand for eco-friendly buildings is rising as renters prioritize sustainability. Suburban...
In the face of high costs and various economic headwinds, rental housing providers continue to experience incredibly narrow margins that cannot sustainably withstand...
Cities around the world are imposing stricter rules for short-term rentals offered as vacation properties by the likes of Airbnb and Vrbo. Short-term bookings, often...
That’s right; email marketing is back, multifamily! Well, emails never went away; they’ve been integral to most apartment communities’ marketing...
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