Do late fees actually work? We all know that any consumer or resident hates to be charged a late fee and will be quick to resent it. No one likes to feel that someone else is profiting from his or her mistake or financial pinch. Property managers…
CPI, Latest Release, October 2023   October CPI inflation figures came in slightly below expectations, remaining flat from last month, and increasing 3.2% year-over-year, seasonally adjusted. Price stability was led by declines in…
American apartments are getting smaller. According to a study by real estate consultants RCLCO, the average size of apartments built between 2010 and 2016 in New York and San Francisco was 855 square feet, a reduction from 894 square feet from 2000…
In August, the national annual effective rent growth rate dropped below 3 percent for the first time in two and a half years. According to Axiometrics, “August rent growth of 2.9 percent was the lowest since the 2.8 percent of February 2014, but…
As more people access apartment community websites from mobile devices, responsive website design—which means the site adjusts to fit the screen size that is accessing it—has become more important than ever. Here’s what you need to know: A…
The tides of the talent pool for affordable housing are changing. Onsite associates are working with less, but expected to do more, and keeping teams motivated has never been more pivotal to community success than it is today.   …