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 Hits Record Levels

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Multiple factors are impacting growth in rent prices. Rent in the multifamily housing industry continues to hit record levels. According to the National Multifamily Report for June released last week by Yardi Matrix, asking rents in June surpassed 6% growth on a year-over-year (YoY) basis. That is…

Rental Scams Hit West, Growing States

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Rental scams with the highest losses occur in the summer. As the heat rolls in with the summer months so do scammers looking to take financial advantage in the rental housing industry. Apartment Guide reviewed data from the Better Business Bureau scam tracker and analyzed nearly 1,900 reported…

Movers Have More to Spend on Rent

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Renters are spending more on post-pandemic moves. Apartment hunters have more disposable income to spend on rent. The Apartment List Renter Migration Report for the second quarter of 2021 shows Americans are moving at a higher rate than before the COVID-19 pandemic, and they have more money to…

Yes In My Backyard (YIMBY) Act Introduced in House and Senate

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NAA members advocated for the YIMBY Act during NAA's 2021 Advocate conference, which will help eliminate barriers to housing development and help address the country's housing affordability crisis.   On May 13, the Yes in My Backyard (YIMBY) Act legislation was reintroduced in both the…

Remote Work and Its Impact on Moving

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New research shows that remote work options post-pandemic will affect where Americans choose to live. Remote workers are on the move, with more relocations to come, according to new research from Apartment List. Its Remote Work Survey of 5,000 employed adults across the country found that 40% of…

New Ruling Voids CDC Eviction Order

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A new federal ruling has voided the CDC’s Eviction Order; a stay of the decision has been issued until the appeal is heard. On May 5, a federal judge from the U.S. District Court for the District of Columbia issued a ruling voiding the U.S. Centers for Disease Control and Prevention’s (CDC)…

New Rule Requires Notifying Renters Being Evicted

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A new rule will require “debt collectors” to provide renters written notice of their rights under the CDC Eviction Order. On April 19, the Consumer Financial Protection Bureau (CFPB) issued an interim final rule requiring “debt collectors” to provide written notice to renters of their rights under…

The Tools to Reach Prospects and Residents in 2021

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Communication is a priority in 2021, necessitating the right tools, tactics and training are in place. Marketing to potential prospects has grown increasingly sophisticated during the past decade. But the move from an old-fashioned grassroots approach to digital lead generation intensified during…

A Modern Approach to Code Compliance

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Code noncompliance can lead to a host of monetary and reputational consequences for owners and operators. But it doesn’t have to be that way. By Stephen Ursery Apartment owners and operators often dread the many building inspections that take place at their communities. Making sure their properties…

Staff Safety Comes to the Forefront

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Apartment companies think outside the box to protect staff from COVID-19. By Bendix Anderson Apartments companies across the U.S. have worked hard to keep residents safe during the COVID-19 pandemic. But they have been just as focused on protecting employees—even as growing business activity brings…