Industry Insider

A weekly newsletter covering a broad range of topics affecting rental housing.

Industry Insider

A weekly newsletter of noteworthy articles pertaining to our industry.

Rent Growth Continues 2023 Slide

January, 2023 | Updated January, 2023

Rent growth continues to slow to rates not typically seen at this time of the year. The national rent index for the duration of January declined 0.3%, according to the latest Apartment List National Rent Report. This is the fifth consecutive month of month-to-month declines.“This month’s price dip…

NAA Update on the Biden Administration's "Renters Bill of Rights"

January, 2023 | Updated January, 2023

On January 24, 2022, the National Apartment Association (NAA) participated in a White House call previewing the Administration’s blueprint for advancing a “Renters Bill of Rights,” an explicit campaign promise from President Biden. This call followed months of engagement between NAA and the White…

Renters Insurance Premiums Constant

January, 2023 | Updated January, 2023

Only about half of renters have residents insurance. The 2022 Renter’s Insurance Industry Report from reports 55% of residents have renters insurance and of those insured, 75% of residents are required to have coverage.The report found the average renters insurance policy was $211 per…

Single-Family Rent Growth Slows

January, 2023 | Updated January, 2023

Single-family rent has declined for seven straight months. The latest Single-Family Rent Index from CoreLogic shows year-over-year (YoY) rent growth in November 2022 at 7.5%. All four pricing tiers measured saw a decline as well.Year-over-year changes across the four tiers—lower-priced, lower-…

U.S. DOE Hosting Better Buildings Webinars, Summit

January, 2023 | Updated January, 2023

The U.S. Department of Energy (DOE) is hosting its “Better Buildings Webinar Series,” which features conversations with experts on best practices, cost-effective strategies and new ways to approach sustainability and energy performance. View the details and registration for the webinars,…

Organizing and Leveraging Data to Create Actionable Reporting

By Darcey Leach | January, 2023 | Updated January, 2023

How data is governed, leveraged and implemented can help companies set up meaningful portfolio-wide KPIs and best practices. During the 2022 Apartmentalize session, “Organizing and Leveraging Leasing Data to Create Actionable Reporting,” industry experts shared their successes, failures and…

What You Don’t Know About Data Can Hurt You

By Kevin Juhasz | January, 2023 | Updated January, 2023

Data is a valuable tool for making business decisions, but without business intelligence (BI) to provide reliable, timely data, it’s impossible for an organization to nail down the best direction to move. It’s that lack of trust in the data that is driving the need for more advanced BI tools.“Data…

Sun Belt Markets Among Best for New Apartments

January, 2023 | Updated January, 2023

The number of new apartments opened in the past 10 years was analyzed by RentCafe based on unit size, occupancy rate and neighborhood quality. Many of the top 50 cities to find a new apartment were in the Sun Belt—Texas had 12 cities in the top 50, while Florida had seven.Boca Raton, Fla., was the…

EPA Expands Water Protections

By Zach Quimby | January, 2023 | Updated January, 2023

On December 30, 2022, the Environmental Protection Agency (EPA) issued a final rule expanding and redefining what “waters of the United States” means under the Clean Water Act. “The final rule restores essential water protections that were in place prior to 2015 under the Clean Water Act for…

Rent Growth Ends 2022 on the Decline

January, 2023 | Updated January, 2023

Potentially more to seasonal rent growth slowdown.Rents have fallen for four straight months. The Apartment List National Rent Report slipped 0.8% during December. This puts national median rent growth a 3.8% for 2022, well shy of the 17.6% increase witnessed in 2021. This also places 2022 rent…