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%)…
California Rental Market Report Although Florida and Texas may boast better weather and beaches than California, this state remains a magnet for newcomers of all kinds. With a population of around 40 million, it's a massive marketplace of homes, buildings, property, people and opportunities nestled in a diversified economy of farming, tourism, and technology. And…
Housing Market California Both Realtors, investors, home buyers and renters across California continue to wait in limbo for the 2024 California housing market to unfold. Is this spring the "inflection point" the media have touted for markets? Is this the year, frustrated buyers will finally have the opportunity to buy, or will rising home prices…
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…
Apartment Rental Vacancy Rates Multifamily investors, landlords and property managers don't appreciate the hit to profitability when tenants break leases. Whether its rent prices, lease issues, or wage/job worries, unprepared landlords get hit with losses. As landlords might say "vacancies happen." And are you strategizing well enough to prevent losses from all the events that…
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…
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