Will Rent Prices Fall in 2024? Renters continue to ask about when apartment and house rent prices will fall. According to >Redfin's most recent news release, asking rents are beginning to go down faster.  November's numbers are down 2.1% year over year. Is this the leading edge of more vacancies and lower rent revenues for…

Corporate Landlords Selling Properties? The big news in 2023 was about corporate landlords and billion dollar-sized investment firms buying up rental houses and condos. Fast forward to late 2023, and there are signs these mega-sized firms are selling off some multifamily properties due to high financing costs and a rental market that is cooling. After…

Buy vs Rent in 2023 Redfin's latest report found that in only 4 major US metros , is it better to buy than rent. Those cities were Houston, Detroit, Philadelphia and Cleveland. The rest? Better to rent. Yes, mortgage rates have climbed and housing supply has cratered, especially in the single family market pushing house…

HomeBuyers Pulling Out of Deals A new report from Redfin reveals homebuyers and builders are bailing out of purchase and construction agreements. The recent decrease in home price growth in the US and big jumps in interest rates is sending a shockwave through the housing market. Will the shockwave hit the rental market too? As…

A Strategy for Improved Rental Property Advertising A new year is just ahead and plenty of landlords are planning their budgets for the coming year. Some are even considering outsourcing administration, leasing, maintenance and even marketing to a property management company. Given portfolio growth, material and labor shortage and costs due to the pandemic, it's…