USA Rent Prices City by City Zumper has released its latest rent price report (January 2024) and it shows rents continuing to flatten in most US cities. Rents in southern cities are falling while rising strongly in some Northern cities. Year over year, rent prices in Cleveland (+18.8%), Milwaukee (+17.9%), Columbus (+16.8%) and Chicago (+16.7%)…

The Power of Managing Landlord Expectations Some might say you can't control the weather or other people's expectations. However, in the world of business clients, it's wise to understand "the weather" and guide expectations.  In the case of a property manager, it's important to manage your client's expectations because that's what's guiding their decision-making. If owners…

Property Management in the US As we enter 2024, a new set of demand and supply factors will color the property management industry landscape. Each area of property management including single-family, apartment, multifamily, associations, retail and commercial sectors has unique demand profiles. And rental owners will face mounting pressures from regulatory, political, residents and financial…

30 Key Trends for the Property Management Industry in 2024 As you turn your attention ahead to the new year, you might be carrying a large set of legacy business challenges with you. Rent payment delays, falling rent, rising vacancy rates, debt, fewer trained staff and higher wage costs, higher maintenance and financing costs, rent…

Apartmentlist: Rent Drops Just Ahead? Apartmentlist, one of the leading apartments-for-rent portals online has just released their rental marketing report for October. The report shows rents dropped again last month part of a 3-month decline. The US median rent dropped by 0.7% to $1,354, and is down 1.2% YoY. It's primarily a seasonal drop, however…