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Annual rental market update: New data you can use now

Yardi Breeze

The two most significant factors are apartment occupancy and lease renewal rates. The report also looks at how long apartments remain vacant, how many prospective renters are competing for each unit and the number of new apartments getting built. Whats driving leasing growth in these areas? Despite a 2.6%

Apartment 167
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Why Pet-Inclusive Housing is a Win-Win for Everyone

Rental Housing Journal

According to the 2024 Grace Hill NMHC Renter Preferences Survey , only 6% of renters say that a propertys pet-friendliness would make them less likely to live there. Faster Leasing and Higher Occupancy Rates Properties that welcome pets experience quicker lease signings.

Insurance 119
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Skating Where the Puck is Going: Rethinking Pricing Algorithms

Multifamily Insiders

In the world of multifamily housing, where pricing strategies can make or break performance, one quote from our CEO Donald Davidoff cuts through the algorithm, comp data, litigation noise with startling clarity: "The meat and potatoes is leases and leads. Leads: A real-time gauge of prospective resident interest.

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Multifamily Market Sees Strongest Demand Since 2021 Lowering National Vacancy Rate

American Apartment Owners Association

While the second quarter historically has the highest demand for apartments, this year the third quarter was significant enough to outperform the previous three months. 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.,

Apartment 228
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Rents Rise Slightly For Second Month In A Row

Rental Housing Journal

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.

Rent 96
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Portland, Lincoln, Des Moines Top 2024 Livability Rankings

American Apartment Owners Association

Source: CRE Daily The post Portland, Lincoln, Des Moines Top 2024 Livability Rankings appeared first on AAOA. These cities all ranked high for healthcare access, physical activity opportunities, and mental wellness support.

Education 182
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Fall 2024 Yardi Breeze & Breeze Premier Enhancements

Yardi Breeze

During apartment registration, users will find updates to lease renewal forms and new regulatory agreement fields. The post Fall 2024 Yardi Breeze & Breeze Premier Enhancements appeared first on Yardi Breeze. New York rent control (where applicable) : Updated for the New York Good Cause Eviction Law.