Property Management News
KEY TAKEAWAYS Apartment demand and revenue are increasingly shaped by regional median age differences. Younger states like Utah, Texas, and Colorado see stronger rental demand and lease-up momentum. Older states offer steadier cash flows through higher lease renewal rates and lower turnover costs. Investors must adapt their underwriting and operational strategies to local age profiles for reliable returns. Demographics Reshape Apartment Demand The steady rise of the US median age—now above 39—is driving significant shifts in apartment demand and revenue models. According to Globe St, LeaseLock’s chief economist, Greg Willett reported uneven age distribution across states... Read more
A near-record number of homeowners are becoming rental property owners as accidental landlords rise when they turn their unsold properties into rentals, according to...
Artificial intelligence is quietly changing one of the most familiar parts of real estate marketing: the listing photo. Tools that once focused on basic editing now...
Onsite teams are drowning in calls—maintenance questions, gate codes, “What’s my balance?”, “Did you get my request?”, “What time...
Why are you still waiting for the “perfect” market while 42% of the world’s millionaires continue to build their empires on the back of apartment...
Yardi Matrix’s Multifamily National Report for February highlights external factors, some tied to government policy, which are working against the industry – especially immigration and declining birth rates. And while it notes that “conditions are by no means dire,” it observed that rent growth during the month was stagnant and over the year experienced a drop of 10 basis points. “Population growth, a key element of multifamily demand, is slowing sharply in the U.S. due to immigration policy and the long-term decline in the birth rate,” the report noted. It cited Census data showing that the U.S. population grew by 1.8 million to 341.8 million between... Read more
In property management, first impressions are often discussed in terms of curb appeal, amenities, or the professionalism of a leasing agent. However, one of the most...
Property management is undergoing a quiet revolution. Tasks that once required human attention are increasingly being automated or at least considered for automation....
When Aron Sotnikoff got a letter from an attorney seeking a payout for an apartment tenant who slipped and fell in standing water at one of his firm’s...
With peak leasing season around the corner, what are renters looking for in their rental search? A new survey from Apartments.com reveals seven top takeaways for...
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