Property Management News
For nearly all renters, Wi-Fi, that four-letter word, has evolved from a nice-to-have perk into a necessity. “Wi-Fi is now treated like the ‘fourth utility,’” says Taylor Jones, co-founder, president and chief technology officer of Elauwit Connection. The other three vital services, of course, are electricity, water and gas. “It is as essential as hot running water,” adds Sandy Jack, vice president of strategic relations, multifamily, at Vingcard and Nomadix, two brands that fall under parent company ASSA ABLOY Global Solutions. Jack views Wi-Fi as such for good reason. “Without it, people cannot work, learn, apply for jobs or fully participate in daily life.” A strong,... Read more
Renters make small decisions fast. Before they ask about the lease terms, before they compare the square footage, before they picture where the sofa might go, they’ve...
Stop “Showing” Apartments. Start “Experiencing” Them! Are your leasing agents just glorified key-holders? If your standard tour consists of...
Key Takeaways Miami saw the largest rent increase among major U.S. cities, with average rents rising 53% since 2020 to reach $2,645 in January. Fast-growing Sun Belt...
A new survey of renters shows speed and ease matter the most in the renting experience at the same time long-term renting is becoming a deliberate housing strategy for...
KEY TAKEAWAYS Rental fees are increasingly regulated to address high upfront housing costs. Caps on application fees and security deposits are now common in several states. Laws require greater fee transparency and often allow tenants to spread payments. Broker fee bans and interest on deposits are gaining traction in major markets. Legislation Targets Rental Fees As housing affordability challenges intensify nationwide, regulators are moving to restrict excessive rental fees that can add thousands to tenants’ move-in expenses. Globe St reports over 30 new pieces of rental fees legislation since 2019 aim to cap costs, enhance transparency, and reduce financial barriers for... Read more
Up-front rental costs — from application fees to broker commissions — are adding thousands of dollars to move-in expenses, exacerbating affordability challenges...
Key Points Nationwide, 16.6% of stabilized apartments offered concessions in January, according to RealPage Market Analytics. That’s an increase from December as...
The year started on a promising note for apartment hunters as the national rental market has cooled off slightly, at least on paper: The U.S. competitiveness score...
Not long ago, the apartment search looked like this: open Google, type “apartments near me,” scroll through a handful of listings, and schedule a tour. That funnel...
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