Property Management News
Generation Z, the only renter-majority generation, eclipsed 5 million households in 2022 and will become the largest renter demographic by 2030. Gen Z faces more significant barriers to homeownership than their parents did, including elevated interest rates, a higher cost of living, and a limited supply of quality housing. One in three Gen Z adults say that homeownership at any point seems to be financially out of reach. Now as old as 26, Generation Z is on the cusp of reshaping the rental market as they leave the nest in increasing numbers. In fact, it is the only generation adding rental households, while the amount of millennial renters has already peaked. Gen Z, the first digital... Read more
Adapting for the residents of tomorrow is becoming increasingly essential for residential communities. Here are five emerging multifamily trends for 2024. The realm of...
When Terri Clifton began sifting through insurance policy renewal offers for Better World Properties’ multifamily assets last month, she felt a moment of relief that...
No, landlords are typically not permitted to live with their tenants due to privacy concerns and the potential for legal liability. Living arrangements between...
With today’s technologies, paying rent, for many landlords and tenants, has become either an automatic process or a simple matter for pressing a few buttons on their...
Renters hoping to catch a break might be able to find deals in the western parts of the United States as the rental crisis starts to ease across the country, according to researchers at Florida Atlantic University and two other schools. At least 21 of the 100 measured metropolitan areas are renting at a discount relative to their long term rental pricing trend, January data from the Waller, Weeks and Johnson Rental Index shows. Boise City, Idaho offers prospective renters the largest discount in the country: the typical unit is renting at a 5.45 percent discount. It’s followed by Austin, Texas, a 3.27 percent discount; Phoenix, a 3.15 percent discount; Las Vegas, a 2.88 percent... Read more
We’re well into tax season now, and that means it’s time to start prepping those tax returns. While it’s typically not a fun task, there’s...
Naming apartments is a tricky game—and creating it to be one-of-a-kind is the NAME of the game, pun completely intended. What Can an Apartment Name Do? The purpose of...
Construction of low-density housing like duplexes hovers near record lows, as states pass zoning reform to tackle the affordable housing crisis. More small multifamily...
Multifamily rents are creeping up as spring approaches, and many locations saw rents rise slightly in February, according to Yardi Matrix. Metros in the Northeast and...
Accessibility