Industry Insider
A weekly newsletter of noteworthy articles pertaining to our industry.
Cost-Burden Residents at Record High
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The share of residents' rent-related expenses is at an all-time high. According to Apartment List, 22 million rental households—as of 2023—spend more than 30% of their income on rent, a 226,000 jump from 2022 and a new record pace.
Just over a quarter of renters spend at least half of their income…
Strategies for Attracting and Retaining High-Performing Employees
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Acquiring high-performing associates can be a difficult undertaking. Keeping them with an organization can be even more challenging. Readily aware of this notion, the rental housing industry is taking steps to make property management roles more attractive—and a place where associates have the…
Standard Communities Expands into 3 New States
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Standard Communities is in three new states following a large acquisition in early November. The portfolio consists of 6,000 apartment homes at more than 60 communities in four states: Arizona, Colorado and Texas join the already popular California portfolio.
Standard's portfolio now covers nearly…
Treat Each Lease Like It’s a Big Deal
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The intricate dance between property managers, leasing professionals and prospects holds the key to unlocking sustained occupancy rates, revenue growth and a thriving community. Undervalue any element of the leasing process or onsite teams and owners are setting themselves and their portfolio up…
Over a Fifth of Rental Households Foreign-Born
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New analysis by Chandan Economics of the Census Bureau's 2022 American Community Survey shows 21% of rental demand comes from residents from outside the U.S. That's based on 9.4 million of the 36.3 million rental households that are listed as having a foreign-born head of household.
The rate…
Emerging Trends in Apartment Supply, Demand
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Emerging Trends in Real Estate 2025 from the Urban Land Institute and PwC dives into the near-term outlook of the rental housing industry. Supply and demand, transactions and affordability are among the topics examined.
While rent growth has flattened compared to 2021 and 2022, and despite rent…
Housing Headlines 2024 Election
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The following article is from NAA's 2024 pre-election coverage. To view results and analysis on how the election will impact rental housing, view NAA's 2024 Election Insights.
View NAA's 2024 Election Insights
On or before Tuesday, November 5, 2024, voters from across the country are…
Politics a Pain Point for Neighbors
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Election Day is right around the corner, and Redfin is diving into political disagreements between neighbors. According to a new survey from the company, 18.7% of people have had a political disagreement with a neighbor. The survey also went into detail about getting into disagreements based on…
Coverage Dries Up: Housing Provider Sues Insurer After Coverage Denial
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On July 16, 2024, housing provider Mill Creek Management and Real Estate Sales, Inc. (Mill Creek) filed suit in the Superior Court of California against its insurance company provider, United States Liability Insurance Company (“USLIC”). Mill Creek alleges USLIC unlawfully refuses to defend the…
Seasonal Rent Declines Begin
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Median rent is on the decline across the U.S. According to the October 2024 Apartment List National Rent Report, rent declined by 0.5% in September, which is seasonally aligned with past years. Year-over-year rent growth is also down 0.7%.
Rents are down month-over-month in 80 of the 100 largest…