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.

Are Bots Better at Delivering Bad News?

By Paul Bergeron | June, 2022 | Updated June, 2022

A new report suggests that for leasing teams, virtual leasing assistants might be a better way to deliver rent renewal increases.As society grows more accustomed to interfacing with artificial intelligence (AI) and chatbots that are potentially driving residents’ decisions to rent an apartment,…

Lawmakers Release Federal Data Privacy Bill

June, 2022 | Updated June, 2022

Bipartisan bill will have an impact on multifamily data practices. For the past several years, Congress has continued to debate a federal consumer data privacy standard, but disagreements on federal preemption and private right of action have prevented meaningful progress. But in a significant…

Multifamily Builders Cautiously Optimistic After Q1

June, 2022 | Updated June, 2022

New data from the National Association of Home Builders reports slowing confidence in rental housing industry.Multifamily confidence has taken a slight hit overall, but developer sentiment sank during the first quarter of 2022. The latest Multifamily Market Survey (MMS) from the National…

Asking Rents Hit Record High

June, 2022 | Updated June, 2022

Asking rents are at an all-time high with year-over-year and month-over-month gains.U.S. asking rents are at an all-time high, and in some metros, more than double the average growth. According to the latest research from Redfin, the median monthly asking rent was up 15.2% year-over-year (YoY) in…

Lunch Program Returns to Local Community

June, 2022 | Updated June, 2022

Envolve returned to El Paso for its Resident Lunch Program.Envolve LLC continues to help its local communities and neighborhoods. The affordable housing owner and manager returned to El Paso, Texas, for its Resident Lunch Program. Envolve previously held the program in El Paso earlier in March.All…

Single-Family Rental Profits Declining in U.S.

June, 2022 | Updated June, 2022

Three-bedroom single-family rental profits are declining across the U.S. Single-family rental (SFR) profits are declining across the U.S. Real Estate data firm ATTOM analyzed 2022 first quarter profit margins of three-bedroom SFR homes in 212 counties with a population of at least 100,000.…

Rent Growth Heats Up

June, 2022 | Updated June, 2022

Month-over-month rent growth is at its highest in 2022. Rent growth is inching forward at a faster pace than seen during the first half of the year. The June 2022 Apartment List National Rent Report shows rents increased 1.2% during the month of May, and rents are now up 15.3% year-over-year (…

Pool Maintenance: Are You Ready for Summer?

By Paul Bergeron | May, 2022 | Updated May, 2022

With spiking chlorine prices, maintenance teams must focus on pool water management. Add chlorine to the list of apartment maintenance products that has seen its price soar in the past year.Just in time for summer, prices for pool chemicals (specifically chlorine tablets) are approximately 50…

How to Rent in Retirement

May, 2022 | Updated May, 2022

NAA’s President and CEO dives into renting in retirement in his latest Washington Post column.As with anything that requires due diligence and research, so too does searching for your next apartment home. Bob Pinnegar, President and CEO of the National Apartment Association, reviews what renters in…

NAA and NMHC Push Back on DOL Announcement Citing Supply Chain Disruption and Workforce Shortage Concerns

May, 2022 | Updated May, 2022

Ninety-three organizations have asked the Department of Labor not to issue a new rule altering overtime regulations. NAA and NMHC joined 91 organizations on May 11 to request that the Department of Labor (DOL) abandon the issuance of new rule altering the overtime regulations under the Fair…