Property Management News
Danielle Rickards is a 30-year-old single mother and a full-time caretaker to her 5-year-old daughter, who has a rare heart condition. For many Americans in similar circumstances, the pressures of affording rent and daily expenses are a constant and crushing burden. But she counts herself lucky: She found an affordable two-bedroom apartment in Grand Junction, Colorado, where rent is subsidized by the local housing authority. On top of that, she also receives a rare financial bonus, part of an experimental program to build equity for affordable housing tenants in Colorado. On the 18th of every month, Rickards receives a small cash stipend – $21.62 – in exchange for paying her rent on... Read more
A new report from Cotality reveals that investment homebuyers frequently overbid by up to 4.3% per property, often pay in cash, close quickly and are more likely to...
Imagine living in (or renting out) an apartment where rent doesn’t jump hundreds of dollars each year. The price stays steady, the lease keeps renewing, and tenants...
Homeownership may still be the American Dream, but for many younger buyers, that dream is increasingly being put on the back burner. A recent survey of more than 2,000...
Student renters make up a small but significant slice of the renter population. Compared to adults in full-time employment, students are much more likely to rent. And...
Key Takeaways US average multifamily rent fell by $6 to $1,750, the largest September drop since 2009 and the worst monthly decline since late 2022. A glut of new supply, particularly in high-growth Sun Belt markets, is intensifying leasing competition and pushing rents down. While demand is softening, renting continues to outpace homeownership due to affordability issues in the for-sale market. A Cooling Market US multifamily advertised rents saw a notable $6 drop in September—down to $1,750—signaling potential softening after years of record-setting rent levels. According to Yardi Matrix, this marks the sharpest September rent decline since 2009 and the worst monthly performance... Read more
Apartment rents slipped for the first time since the Great Recession, signaling a cooling market driven by oversupply. Developers are pulling back—but economists warn...
When you purchase a duplex, triplex, or other investment, there is a crucial question you need to answer: “Should I live on the property?” If this is your...
After more than two years of discussion and debate, the Los Angeles City Council voted Wednesday to significantly lower annual rent increases in most of the city’s...
Imagine having a $2,400 monthly mortgage payment, but only paying $600 out of pocket. The other three bedrooms? They’re covering the rest—plus utilities, plus...
Accessibility