Property Management News
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 Gen Z renters conducted in January by property management software company Entrata suggests that, while homeownership remains a goal for this generation — those aged between 13 and 28 — other priorities are overtaking it on their must-do list. More than two-thirds of survey respondents (72%) believe that renting is a better financial option than purchasing a home. An even larger percentage, 83% of respondents, say that renting provides them the opportunity to save money for life experiences. While affordability plays... Read more
Key Takeaways Rent reporting allows tenants to boost credit scores by sharing positive rent payment history with credit bureaus, an advantage homeowners have long...
A rising tide of state-level action is reshaping the environment for so-called junk fees imposed by apartment landlords, marking a pronounced shift in how these...
Since 2008, lawmakers in Pittsburgh have been trying to set up a rental registry to track local housing conditions. Takeaways by Bloomberg AI A 17-year battle...
Most operators see ‘ROI’ and think occupancy or rent growth: ‘I pay X, so I expect Y increase.’ With virtual tours, the financial ROI is unquestionable....
The rental housing market has always been influenced by changing consumer expectations, lifestyle shifts and innovation. In recent years, smart home technology has changed how properties are managed, marketed and experienced. From automated locks and energy efficient thermostats to voice controlled assistants and security systems, technology has redefined convenience and comfort. For tenants these are ease and personalisation, for landlords and property managers they are powerful tools for efficiency and long term value. What was once futuristic is now mainstream, renters expect digital solutions as part of modern living. At the same time property management technology has evolved to work... Read more
Key Takeaways Insurance premiums for multifamily properties are rising at nearly 12% annually—outpacing inflation and overall expense growth. Stricter lender...
Key Takeaways Rent payments rose to 83.5% in October, marking a second consecutive month of improvement. Late payments remain elevated, exceeding 10% for nine straight...
Say hello to the new wave of renters. The youngest renter generation — Gen Z — is growing up. Members of this generation, born between 1997 and 2012, are leaving the...
Key Takeaways National rent growth is stalling, with average rents declining 0.3% in September — the steepest drop for that month in over 15 years. Oversupply of new...
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