Housing Market Going through a Reset? In 2007 to 2009, the housing market went through a great property price reset. Companies could not hold up and a housing market crash ensued. It was the era of sub-prime lending, where major companies were caught off guard by a collapsing banking system. Today, that situation doesn't exist.…
Traditional vs Tech Enabled Property Management Landlords and property managers both have lagged in adopting new technology. The reasons are many, ranging from complacency to a fear of additional work. And with technology progressing so quickly, the thought of catching up might seem impossible to them. For landlords stuck in the routines of the past,…
How to Choose the Right Association Management Software Are you frustrated with your current association management tools? Are you able to fully perform your accounting and produce appropriate reports for your board, manage facilities, keep boards informed, communicate effectively with members, and comply with association management regulations? Do you have limited features and customizability issues?…
Time to Switch to a New Property Management Software? "If the software we're using now is working okay, why would we need to switch?" That's a common question property managers ask when pondering whether to upgrade or switch products. The fact you're thinking about it means you see it as a possibility. And…
Gearing up for the Big Move of Renters 2021 and the pandemic had its big renter migration event, and wouldn't you know it's continuing, but in a different form in 2022/2023? What's driving it this time is the cost of living, and soon, employment. If employment levels weaken in 2023, many renters could decide to…
High Rent Prices are Persistent What comes after a period of steep rent price rises? Housing crash, building boom, or perhaps rent controls? Economists are suggesting these high rent prices are going to persist for some time. Last August, in a CNBC report, Peter Boockvar, CIO of Global Advisors said “Rental increases, which is the…
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