Property Management News
KEY TAKEAWAYS Renters are almost three times more likely to be uninsured than homeowners (11.7% vs. 4.4%), and they rely more on public programs for coverage. Multifamily renters are better insured, while single-family renters face the highest risk of being uninsured. Few renters use ACA subsidies, partly due to income limits and low expectations for medical use. Coverage gaps increase financial stress, which may lead to missed rent payments and higher risk for landlords. The Coverage Gap: Renters vs. Homeowners According to Chandan Economics, when it comes to health insurance, renters are falling behind. Nearly 12% of renter households have no coverage, compared to... Read more
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...
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 they can be a powerful force in rental markets with nearby colleges and universities. In the latest Apartments.com survey of prospective renters, full-time students constituted about 6 percent — or just over 1,200 respondents. While student renters have much in common with the larger renter population, they also differ in crucial ways. From what they prioritize to how they search for housing, student renters have unique needs that apartment owners and operators need to understand. Whether your properties are focused on... Read more
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...
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...
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