Property Management, Tenant Selection, Real Estate News & Tips

Tag: Industry Trends

How To Attract Millennial Renters

By on August 3, 2016 in Education with 7 Comments
How To Attract Millennial Renters

While the economy slowly recovers, millennials seem content to enjoy the amenities associated with renter life, rather than buying. Millennials have been coined the renter generation, and while that title may be debatable, the reality is that millennials and Gen-Y make of one of the largest pool of renters. This means that there are some […]

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2016 Rental Market Outlook – Renting Wins!

By on January 26, 2016 in Education with 2 Comments
2016 Rental Market Outlook – Renting Wins!

Housing market experts reveal trends found in the 2015 rental industry and predict the outlook for 2016.   Renting will continue to a popular option, and for many -the only option, as home prices continue to climb in 2016.  This finding is supported by Zillow’s Chief Economist, D.Svenja Gudell, who predicts that “the median of […]

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The Millennial Effect on Rental Housing

By on November 30, 2015 in Education, News with 0 Comments
The Millennial Effect on Rental Housing

A new report from student housing experts ABODO, reveals the preferences and spending power for student renters and the millennial generation.   Millennials are the largest source of new demand for rental housing, making their housing needs an important consideration for property managers and rental property owners. With 78.6 million young Americans aged 19-36 making up the […]

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Apartment Occupancy Rate Hits A Record High

By on July 6, 2015 in Education, News with 0 Comments
Apartment Occupancy Rate Hits A Record High

Data from May 2015 reveals a historical high for rental occupancy rates that peaked at 95.3 percent nationally, according to Axiometrics, a real estate analytics firm. Higher occupancy rates mean higher rent rates, which grew 5 percent nationally in May 2015, compared to just 3.6 percent in May 2014.  Rent growth is high across all […]

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Millennials and Housing : Why You Need To Care About Gen-Y

By on June 24, 2015 in Education with 0 Comments
Millennials and Housing : Why You Need To Care About Gen-Y

Millennials received a lot of criticism amidst the Great Recession as the generation most likely to move back home with family, with a shiny college degree but no job to help pay off the debt incurred from their education.  But as the economy slowly recovers, so has the outlook for many millennials as they move […]

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Do Higher Rent Prices Mean More Evictions?

By on May 26, 2015 in Education with 0 Comments
Do Higher Rent Prices Mean More Evictions?

It is no secret in our industry that rents are rising at a faster rate than incomes across the country.  And while property managers may be excited about the prospect of collecting more rental income as they adjust their prices to match market rates and demand, they will also encounter less qualified tenants as the […]

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Rents Are Up In These Ten U.S. Regions – 2015 Data Reveals

By on May 11, 2015 in Education, News with 1 Comment
Rents Are Up In These Ten U.S. Regions – 2015 Data Reveals

The first quarter of 2015 reveals a continuing trend in rising rent rates across the country. In a report released last week from RentRange and Real Property Management, rental rates for three-bedroom single-family homes were analyze to reveal changes in rent prices across the U.S. in 2015. The “Rental Housing Statistics” report mirrors recent trends […]

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Smart Home Systems for Landlords and Renters

By on April 21, 2015 in Education with 3 Comments
Smart Home Systems for Landlords and Renters

Turn on the AC. Unlock the door for the cleaning service, and lock it when they leave. Turn on the porch light. Notice a water leak before it causes damage.  And do it all from your office, the airport, or while on vacation with your smartphone. Home automation systems like these gives users extra convenience […]

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Luxury Apartment Amenities – What Some Renters Will Pay Big Bucks For

By on April 13, 2015 in Education with 0 Comments
Luxury Apartment Amenities – What Some Renters Will Pay Big Bucks For

While a mortgage payment might have signaled success in the past, today more people are choosing to rent for convenience over necessity.  These shifting ideologies of success mean a large pool of affluent renters are shaping the market for developers and owners who want to attract high end tenants with high end amenities. Multifamily development […]

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Portrait of an American Renter – Infographic

Portrait of an American Renter – Infographic

With leasing season fast approaching, get to know your current pool of potential tenants with this Infographic about American Renters. This infographic gives you a view at what current renters looks like for landlords and property managers who want to develop a customized marketing plan to improve vacancy rates.   Based on 2014 data from ForRent.com and […]

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