This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
From renters wanting to embrace technology throughout their property search and leasing process to property managers finding ways to increase tenant retention in light of renters dwindling financial health, this post will provide key insights on what you can do to keep growing. Send communications via text message and email.
Although many people consider a house up to 600 square feet to be a tiny home, the 2021 International Residential Code (IRC) Appendix AQ, stated that tiny houses are dwelling units measuring 400 square feet (37 m 2 ) or less in floor area, excluding lofts. All of your policies need to be incorporated into your lease.
Since 2021, deputies said the couple was able to live for free by not paying rent and dragging out the eviction process, falsifying documents and lying to property owners. Both have been charged with Theft by Fraudulent Renting or Leasing…a Class-C felony. Erica was released Tuesday, July 1, 2025 on a $4,000 bond.
March saw national rents rise slightly for the second month in a row, according to Apartment Lists April report. In dollar terms, the national median monthly rent now stands at $1,384, up $8 per month compared to last month, but down $5 compared to March 2024, according to the report from the Apartment List Research Team.
percent in June, ticking up for the fifth consecutive month, and now sits at $1,401, according to the July report from Apartment List. in March, our national rent index has seen its growth rate trending down over the past three months, at odds with the typical seasonal trend ,” writes the Apartment List Research Team.
Multifamily demand expanded at the highest rate since 2021 during the third quarter of this year, with 176,000 units absorbed in an indication of a strong net change in occupancy. Over the first three quarters of 2024, demand for rental apartments has already surpassed last years total by more than 100,000 units. Washington, D.C.,
After a volatile period in commercial real estate, many multifamily borrowers that seek to increase the stability and profitability of their apartment buildings have a new take on a business basic: customer service. “What makes a tenant base want to stay in their apartment? ” Need a Lease Agreement?
Rent growthis decelerating from the double-digit increases seen in 2021 year-over-year rent growth currently stands at -0.8 Tasks like tour scheduling, applicant vetting, lease renewals, rent collection, and maintenance requests are prime candidates for automation. percent and has now been in negative territory for over a full year.
Although many people consider a house up to 600 square feet to be a tiny home, the 2021 International Residential Code (IRC) Appendix AQ, stated that tiny houses are dwelling units measuring 400 square feet (37 m 2 ) or less in floor area, excluding lofts. All of your policies need to be incorporated into your lease.
percent, or $8, from the prior month, Apartment List says in their January report , ending the year lower than it started. percent, meaning that the typical apartment is currently renting for slightly less than it was one year ago. However, vacancy trends can be highly localized, Apartment List points out.
OA Development entered into two deed-in-lieu-of-foreclosure deals on suburban Atlanta office assets in 2021 and 2022, Granath said. At the time, the building was leased to a company that used the facility as a call center and data center, which he was told was integral to its operations.
A drop in traffic and leases, combined with heavy doses of new supply, established lower occupancy percentages across the board. percentage points from the highs of 2021 to the most current reading of 90.5%. percentage points from the highs of 2021 to the most current reading of 90.5%.
One-bedroom apartments start at around $1,500 a month, and the average rent is over $2,000 in Boca Raton. If anything, the number of people looking to spend time in Florida increased throughout 2020 and into 2021. Our online and digital capabilities have allowed us to market and lease homes without in-person contact.
Usually, the terms of your lease agreement specify what modifications you may make without the landlord’s consent. To avoid disputes over security deposit deductions, it is essential to carefully review your lease agreement and comprehend the requirements for decor choices and property maintenance.
Typically, your lease specifies which alterations are permitted and which require permission from your landlord. To prevent conflicts over security deposit deductions, it is essential to carefully research your lease agreement and comprehend the specifications for decorating choices and property maintenance.
percentage points from the highs of 2021 to the most current reading of 91.2% Figure A – Occupancy Trend – Year-end 2021 through September 2023 The forces driving occupancy down have been in place for many months now. at the end of September 2023. Current rent growth Lower occupancy puts rent levels under pressure.
million homes in 2021 to 4.5 Heres some detail on the biggest benefits: Faster Construction: Modular projects can often be completed in half the time of traditional builds, helping property managers get units leased sooner. is facing a critical housing shortage, as the shortage surged from 4.3 million in 2022.
When winterizing multifamily rental apartments , it is essential to think beyond storm damage prevention. Data from the Insurance Information Institute shows that winter storms caused a record $15 billion in insured losses in 2021 alone. Cold temperatures, ice buildup, freezing, thawing, and even rain can cause significant issues.
National rent growth continued to inch up in April by 0.5%, according to the May report from Apartment List , as 83 of the nations 100 largest cities saw rents rise in April. But despite the cooldown, the typical rent price remains 21 percent higher than its January 2021 level. Read the full report here.
in May, but despite rents ticking up for the fourth consecutive month, rent growth is currently slowing at the time of year when it typically ramps up and apartment vacancy is growing, Apartment List says in its June report. Read the full June report from Apartment List here. The national rent index increased by 0.4%
Using aggregated actual rent payments from more than 374,000 lease agreements, this report sheds light on affordability challenges and regional fluctuations shaping the housing market in 2025. The steepest spike came between 2021 and 2022 as pandemic-era rent breaks ended. To access the State of Rent Report, visit: [link].
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content