North Jersey is the most competitive market in the U.S. New research from RentCafe shows eight of the top 20 most competitive markets are in the Northeast. The Rental Competitivity Index is at 60 out of 126, and apartments, on average, are being…
Arlington County, Va., will now allow the development of multiunit residential buildings by-right after a unanimous vote by local lawmakers in March.  “As housing stock locally and nationally has failed to keep up with demand, Arlington becomes…
Before beginning my career in residential property management (RPM), I worked in retail while completing my degree. Working in retail gave me experience and a strong appreciation for customer service and sales, and an internship in commercial real…
CPI, Latest Release, March 2023   Inflation surprised on the upside, accelerating at rates below the consensus forecast. On a monthly basis, headline CPI rose just 0.1%, and increased 5.0% annually, the slowest pace since May 2021.…
The 2023 National Multifamily Housing Council (NMHC) Authoritative Rankings are out with little change surrounding the top 10 largest apartment managers.Greystar Real Estate Partners remained the No. 1 manager based on units managed: nearly 727,000…
The share of residents looking for furnished apartments has skyrocketed. According to new data from CORT, 77% of survey respondents would consider a furnished apartment if they were to move in the next 12 months. That’s up from 37% just last year…
The New Year provides the opportunity for new beginnings, and as we resolve to better ourselves and kick off 2017 with a fresh start, so too has the National Apartment Association. As a matter of fact, 2017 brings an all new NAA. To begin, you…
Millennials are now a homeowner-majority generation. New research from RentCafe shows 51.5% of Millennials own a home, flipping from a renter-majority to an owner-majority.There were 18.2 million Millennial homeowners in 2022, up 7.1 million owners…
On April 14, Minneapolis city staff published an impact analysis, “Rent Stabilization Staff Analysis,” to provide in-depth background and research after voters approved an amendment to allow rent caps in November 2021. The report recommends…