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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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Indianapolis Property Management Update: Rental Statistics Q4 2024

T&H Realty

We expected two out of those three trendsbut rental rates actually increased in Q4 2024. Number of Homes Leased The number of homes leased in Q4 2024 dropped to 348, marking a 39% decrease from 573 homes leased in Q4 2023. To put this in context, Q3 2024 saw 798 homes leasedmore than double Q4s total.

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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 most competitive markets in 2024 In 2024, there was a clear winner for the hottest rental market: Miami. Occupancy hit 96.5% with a steady influx of new residents and 72% of existing renters renewed their lease. Despite a 2.6%

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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.

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6 proven ways to prevent rental fraud at your multifamily properties

Yardi Breeze

Sometimes, simply presenting automated rental fraud prevention technology in the online leasing workflow will deter would-be fraudsters. Its all too easy for leasing staff to miss fraud warnings on a credit report. The survey found that 50% prefer online leasing, and 30% could go either way. But is that realistic?

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Property managers’ revenue may be growing more than they think [The Lookout]

Buildium

In 2024, we can see that more companies reported equivalent or greater revenue growth than they did in any year between 2017 and 2022. First: Leasing has become less profitable, with renters moving less often than they have in previous years. 41% will expand the services they provide.

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A new phase in property management companies’ portfolio growth? [The Lookout]

Buildium

But starting in 2024, weve been seeing early signs of a shift into a new phase of that growth cycle. The Pandemics Impact on Property Management Companies Portfolio Growth All of this represents a continuation of a cycle that started back in 2021.