When good employees give notice, it might be tempting to figure out how to keep them. Do they want more money, a different schedule, better benefits?
But Mary Gwyn, chief innovator at Apartment Dynamics, offers three reasons not to try to keep an…
Seasonally speaking, rent growth across the country tends to decline in the latter third of the year. But, according to data from Axiometrics, cities in warmer climates are more likely to buck that trend.
In the post-recession era, Miami and West…
From 2005 to 2015, households with yearly income of more than $150,000 that chose to rent increased by 217 percent, compared with an 82 percent increase in those who chose to buy, according to U.S. Census data. This represents a jump of 1.2 million…
The rock-bottom price of oil has taken a toll on Houston’s multifamily market: The vacancy rate is projected to hit 7 percent by the end of the year, and rent growth is below the national average.
However, Iggy Grillo, vice president of…
Apartment turnover is a fact of life, but taking steps to minimize it through a focus on resident retention can save tens of thousands of dollars a year.
In a recent post on her blog Property Management Minutes, Lori Hammond breaks down turnover…
As apartment supply reaches demand in many cities across the country, a rent plateau or even decline could be on the horizon.
Bob Clouser, vice president of business development for digital marketer RentPath, suggests the following tactics to…
Good corporate citizenship comes with a short-term price, but long-term benefits. Strategic Environmental, Social and Governance (ESG) programs are topical commodities for investors and insurance companies, and best practices for corporate…
Apartment residents today expect high-speed Wi-Fi in their units and throughout the community. But for apartment owners with out-of-date internet service and wiring, this might seem like a prohibitively expensive upgrade.
In a post on the…
Facebook is facing a potential class-action lawsuit on the grounds that the social networking site allows racial discrimination in housing and employment ads, violating the Fair Housing Act and the Civil Rights Act of 1964.
Through its ad…
In September, national rents rose 4.7 percent year over year, but decreased by 0.1 percent compared with the previous month, according to data from Yardi Matrix.
Average national rent in September was $1,219. The average luxury apartment rent was…