Industry Insider
A weekly newsletter of noteworthy articles pertaining to our industry.
Federal Advocacy Outlook: Advocate 2023
By Greg Brown and Nicole Upano | | Updated
The 118th Congress Convenes While Republicans took control of the U.S. House of Representatives in early 2023 as expected, no one foresaw the razor-thin four-seat majority (222–213). In the Senate, Republicans were only given a roughly 50/50 chance of taking the chamber, but few expected them…
NAA Update on HUD's Affirmatively Furthering Fair Housing
By Cedric Watkins | | Updated
On January 19, 2023, the U.S. Department of Housing and Urban Development (HUD) published a Notice of Proposed Rulemaking in the Federal Register that aims to bolster the mechanisms that allow the agency to enforce the Fair Housing Act’s longstanding requirement to “affirmatively further…
White House Renters Bill of Rights’ Principles & Agency Actions
By Ben Harrold | | Updated
On January 25, the White House announced a number of actions to advance President Biden’s housing agenda, which are intended to protect renters and promote rental affordability. Key actions include:
Unveiling “Blueprint for a Renters Bill of Rights,” which lays out five principles that President…
Rent Growth Continues 2023 Slide
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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"
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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
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Only about half of renters have residents insurance. The 2022 Renter’s Insurance Industry Report from SafeHome.org 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
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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
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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 | | Updated
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 | | Updated
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…