Advantages of Diversifying Properties One of the rising trends of the last few years and one picking up steam is the diversification of rental asset portfolios. Residential property investors are reviewing their properties and culling out those that are underperforming or have dim outlooks given the economy, costs, tax and regulatory disadvantages. Aside from technology…

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…

Real Estate Housing Market Forecast US resale home sales have dropped to their lowest level since 2010. The lagging effect of fast-rising mortgage rates, mortgage rate lock ins, and tougher loan qualification has stopped first-home buyers from entering the housing market, and homeowners are locked in at previous lower mortgage rates and can't sell. The…