Property Management News
Key Takeaways Domestic renter mobility has dropped to a historic low of 21.6 percent, down from 26.7 percent in 2014, as more renters stay put to avoid higher costs — yet those who do move prioritize affordability, lifestyle, and job access. Sun Belt states dominate migration trends, with Texas, Florida, and North Carolina leading net gains, driven by lower rents, high apartment supply, and strong job growth; major metros like Houston and Atlanta offer relatively affordable pricing with high availability. High-cost states continue to lose renters, with California, New York, and Illinois seeing the largest outflows, though demand for major cities remains strong despite rising rents and... Read more
Chandan’s Economic April data shows the independent rental market starting to stabilize. On-time rent payments increased to 84.5%, marking the sixth gain in the...
Seattle renters looking for a three-bedroom house with a yard are finding out the hard way that the classic family rental is quietly disappearing. What used to be a...
For almost all of human history, the word “exodus” has represented a mass departure or emigration of a large group of people from a specific location at the same...
Multifamily operators are embracing AI quickly, but integration problems are still doing more to slow adoption than ROI concerns or staff training gaps. Leasing has...
KEY TAKEAWAYS Rental competition cooled slightly nationwide but rose sharply in Chicago, Atlanta, and San Francisco. Chicago posted the nation’s largest RCI jump, with nine renters per available apartment, trailing only Miami. Midwest cities saw the highest rental competitiveness, led by tight supply and high renewal rates. Small markets like Wichita and Amarillo also experienced steep increases in rental competition. Rental Market Overview The start of 2026 saw a minor cooling in the US rental market, with the national Rental Competitiveness Index (RCI) dipping from 75.7 to 75.4, reports RentCafe. While this points to slightly easier conditions for renters on average, significant... Read more
Renters have the upper hand in Downtown Los Angeles, with sluggish apartment rent growth motivating landlords to offer concessions and even lower rents. Rents fell...
Los Angeles landlord Michael Renkow already had a sinking feeling when one of the new tenants at his Hollywood apartment building, “Igor,” was two hours late to pick...
While many renters are still on the path to homeownership, the American dream is evolving and households are adapting their aspirations with today’s financial...
KEY TAKEAWAYS National multifamily rent growth slowed to 1.0% year-over-year in March. Monthly momentum turned negative for the first time since June 2023. Performance...
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