Property Management News
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 feel secure staying long-term. That’s the idea behind a rent-stabilized apartment — housing with built-in protections to keep rent increases reasonable and tenants in place. In this guide, we’ll break down what rent stabilization really means, who it applies to, and what renters and landlords should know. Main Takeaways Rent stabilization keeps rent increases predictable by limiting annual hikes, ensuring tenants can plan ahead and renew their leases with confidence. Landlords must navigate restrictions, balancing rent... Read more
The median U.S. asking rent dropped 1% year over year to $1,633 in May as elevated apartment supply gave renters room to negotiate. Asking rents fell fastest in...
Byron Sellers had wanted to get into real estate investing for years, but the deals he came across were always prohibitively expensive. One day in 2017, he was listening...
Key Takeaways Seattle ranks last among 100 major US cities for average size of new apartments, at just 649SF, down from 706 ten years ago. Developers are prioritizing...
When recession fears rise, budget cuts often follow—and education directors are being asked to make hard choices. Training programs frequently top the list of cuts,...
When developer Steve Patron was planning a neighborhood of townhouses in Winslow Township, Camden County, a decade ago, he expected to sell the new homes. But after running the numbers and looking at demand, “it just made more sense to do it for rent,” said Patron, managing partner at Harvestate Group, based in Somerset County. The company owns the 105-unit Enclave at Winslow. And it’s developing another rental community of 54 townhouses in Glassboro, Gloucester County. Construction is set to start in a few months. “This whole idea of building a single-family community for rent is pretty new,” Patron said. “I liked the idea of doing something different.” Across the country,... Read more
Although rents have been on a decline in the top 50 metros for over a year, low multifamily permitting could unfold higher rent prices. In 2024, within the top 50...
In today’s shifting real estate landscape, investors increasingly prioritize stability and long-term value. One sector that has consistently demonstrated stability is...
Call it another quirk of New York City living. Though washers and dryers have been ubiquitous household items in most of the United States since the Eisenhower...
California law makes it illegal for landlords to refuse to rent to people who participate in rental assistance programs like Section 8, but tenant advocates say the...
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