Industry Insider
A weekly newsletter of noteworthy articles pertaining to our industry.
Resident Experience Remains Top Priority for Industry
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Exceptional resident experience is a must for rental housing providers.
The cost of losing a resident is a great one that takes more than a year and a half to recover financially. “The State of Resident Experience Management Report” from property technology firm Zego (Powered by PayLease) dives…
Cost of Utilities: Where Does Your City Rank?
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Apartment List ranks the most and least expensive cities for utility costs.
Much of the northeastern United States experiences all four seasons, but this comes at a great cost to residents, as the Northeast is home to some of the most expensive utility bills in the nation.
According to Apartment…
Rents, Occupancy Hit Record Levels
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Rent growth and occupancy reach levels not seen in two decades.
Apartment rent growth and occupancy are both at record levels. According to RealPage, effective asking rents increased 2.2% in July, resulting in a year-over-year jump of 8.3%. The average rent in the U.S. is $1,549 per month.
The…
10 Reasons to Question the Predictions of an Eviction Tsunami
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RealPage's Jay Parsons offers evidence that challenges the prognostications of a landslide of evictions following the expiration of the CDC’s nationwide moratorium.
Jay Parsons, RealPage Deputy Chief Economist and Vice President of Asset Optimization, in a post in the company’s Analytics Blog…
New Rental Assistance Search Tool Launches
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The Rental Assistance Finder provides information on rental assistance programs across the country.
The Centers for Disease Control and Prevention’s (CDC) Eviction Moratorium was a tremendous financial and operational burden on the rental housing community. After months of advocacy by the National…
Rent Growth Continues Outpacing Pre-Pandemic Levels
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There's no stopping rent growth as median rent climbs.
Rent growth across the U.S. has continued its hot stretch, leaving pre-pandemic data in the rearview mirror. The latest Apartment List National Rent Report shows the national median rent has jumped 11.4% in 2021, more than triple what was seen…
Is Regulation Forcing Apartment Owners Out of California?
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Future uncertainty is just one of the reasons owners are looking outside of California, but others say they still see growth potential in the state.
Las Vegas-based The Calida Group has more than 17,000 apartments across the country.
But in the firm’s home state of Nevada, investor…
Why Multifamily Is the Most Attractive Asset Class
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Several factors, including inflation concerns, are attracting investors to rental housing.
Money has been flooding into the apartment industry.
There are a lot of reasons for the buyer interest. In some cases, investors in struggling segments of commercial real estate, like lodging and office, have…
NAA Sues Federal Government to Recover Industry’s Losses Under Nationwide Eviction Moratorium
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Join the lawsuit
The National Apartment Association is taking legal action to recover damages housing providers suffered under the CDC’s eviction moratorium and ensure that similar measures can never again be enacted.
The National Apartment Association (NAA) on July 27 filed a lawsuit in the U.S.…
Lumber Prices Contributing to Rent Increases
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Softwood lumber price increases affecting multifamily housing residents.
While the rising cost of softwood lumber products has impacted builders across the construction industry, the effects of price increases are even wider reaching. The price change between April 17, 2020, and July 8, 2021, has…