Residents are staying in place this year as the market heats up. RentCafe analyzed the most competitive markets in the U.S. based on five factors—number of days an apartment was vacant; percentage of occupied rentals; competition between prospective…
Asking rents are down 0.4% from October to November, resulting in the largest monthly decline in the seven-year history of Zillow’s Observed Rent Index. While November is historically the slowest month recorded in the index, declines had not reached…
On Friday, December 23, 2022, Congress passed a $1.7 trillion fiscal 2023 government funding package (the Omnibus). The National Apartment Association (NAA) and the National Multifamily Housing Council (NMHC) achieved several victories in this…
Meet Ronda Puryear, CAM, CPM, 2023 National Apartment Association Chair of the Board Early on, Ronda Puryear knew she wanted to follow in her father’s footsteps. This is where her passion for real estate and business comes from. It is also what…
The potential for an economic downturn has not dampened rental housing industry executives’ spirit or outlook.  The rental housing industry has gracefully adapted and evolved during the current economic climate and global atmosphere. Nearly…
Everyone in the real estate business knows what “curb appeal” means. This term also has significance in developing a website for prospective renters. The rental process typically doesn’t start when prospective renters walk by a “for rent” sign.…
Outlining six leading considerations for BTR management. With interest rates rising, home prices still unaffordable for many and inventory not meeting demand, developers, homebuilders and institutional investors are looking to alternatives to…
Inflation is among the many factors keeping management companies up at night. Here are how some are limiting the effects of inflation on utility costs. With inflation cooling off a bit but still running historically hot—at 7.7% in October versus…
Industry experts weigh in on whether these leases are a trend or a blip. As inflation continues as the latest villain to the U.S. economy, multifamily owner-operators have been watching rosy predictions about endless rent growth continuing to…