Posted on 28. May, 2015 by Vanessa Naranjo.
It looks like the western and southern apartment markets will lead the way in highest rental revenue and job growth. A recent five year forecast conducted by the experts at Axiometrics showed the”long-term cumulative rental revenue and job growth forecasts for 2015-2020 for 54 of the markets that Axiometrics tracks.” Click below to see what the future holds for […]
Posted on 21. May, 2015 by Vanessa Naranjo.
Graduation season is on the horizon and with that comes a flood of college graduates on the prowl for a job and place to live. The experts at Trulia “set out to help new grads find areas where they can afford to rent and still have some money left over to pay back their student loans.” Their findings […]
Posted on 14. May, 2015 by Vanessa Naranjo.
Generation Y is known for a great deal of things – tech-savvy, environmentally conscious, self-expression – that make them a unique bunch. A recent survey held by Rent.com revealed one more thing that this generation is know for: “They’re a generation of movers.” Click below to read more about the reasons behind this latest discovery. Click here […]
Posted on 07. May, 2015 by Vanessa Naranjo.
Improving energy efficiency can save property managers a ton, but deploying a solution can be a costly. As a result of this “upfront investment of traditional sub-metering” many property owners put off executing a plan. That was the motivation behind the creation of the Power Patch. Multifamily Executive recently shared a post detailing how the power patch […]
Posted on 28. Apr, 2015 by Vanessa Naranjo.
Paying rent via check is withstanding the test of time, a problematic trend for property managers who want to transition to electronic payments. The rental market covers a large demographic of economic classes that includes “the very rich, the very poor, and everything in between.” Some renters have bank accounts, and some don’t, which makes it […]
Posted on 16. Apr, 2015 by Vanessa Naranjo.
There’s a multitude of reasons why people prefer the title of renter over homeowner. Being a renter gives you a certain amount of freedom that can be limited with homeownership. Rent.com recently shared a post listing 15 benefits of being a renter, their list includes: Amenities Low utility bills Location options And more… For the full list of reasons, click […]
Posted on 09. Apr, 2015 by Vanessa Naranjo.
First quarter results are in and it looks like the west coast is leading the way with the lowest vacancy rates. Multifamily Executive recently posted Reis’s list of markets with the lowest vacancy rate for 1Q. Click below to see how your metro ranked. Click here to see the list
Posted on 19. Mar, 2015 by Vanessa Naranjo.
Millennials are heading downtown at a rapid pace. With short commutes ranking high on the priority list, millennials are relocating to large metros in an effort to be closer to work and school. A recent post by MultiFamily Executive sheds light on the urban migration trend, which also identified the top five popular, and least popular cities. […]
Posted on 10. Mar, 2015 by Vanessa Naranjo.
San Francisco continues to lead the country in highest rent, but that’s not the only city that’s climbing. Yahoo shared a post discussing the significant rise in rents, which also identified the top 10 cities with the highest rents. Click below to read more about the top expensive metros. Read the full article here
Posted on 26. Feb, 2015 by Vanessa Naranjo.
Recent reports indicate a stark rise in rental households as compared to homeownership. Why? The renter demographic currently consists of millennials that are delaying homeownership due to affordability issues, or who are even reconsidering homeownership altogether. Axiometrics recently posted an article that details the rise in apartment living and explains why so many are opting […]
Posted on 19. Feb, 2015 by Vanessa Naranjo.
Millennials are hitting the rental market at a record breaking force, are you ready? Understanding what new renters seek while simultaineously maintaining current residents’ interest is necessary in order to gain a competitive edge. Trulia Pro Blog recently posted an article discussing 3 hot tech amenities that are sure to be a hit with prospects and residents […]
Posted on 05. Feb, 2015 by Vanessa Naranjo.
A high percentage of millennials are opting to rent than buy a home, a costly decision that equals bad news for the real estate industry. In a recent Market Watch post, it was revealed that “Nearly six in 10 millennials (59%) say they’d rather rent a home than buy one, with just one in four saying they […]
Posted on 29. Jan, 2015 by Vanessa Naranjo.
Today’s renters care more about amenities than unit size. In this article from GlobeSt.com a panel of experts weigh in on target demographics, offering different perspectives on meeting their residents’ needs. Click below to read more about the shift in apartment renters and its affects on the rental industry. Read the full article here
Posted on 20. Jan, 2015 by Vanessa Naranjo.
While schools and neighborhoods can help attract families, having family oriented amenities can also be a deciding factor. “Developers are going after families, not just singles” by including playrooms with games and activities for children of all ages. Epoch Times posted an article discussing the amenity trend that’s taken New York by storm. Click here for the […]
Posted on 15. Jan, 2015 by Vanessa Naranjo.
Finding a pet friendly building can be a challenge when searching for a new home. HotPads shed some insight on pet-friendly metro areas in a recent post, their stats include: Most expensive zip codes Pet premiums An interactive map showing the highest percentage of pet-friendly rental listings And more… Click below to find out what metro areas […]
Posted on 13. Jan, 2015 by Vanessa Naranjo.
What’s your retention strategy? With new units sprouting and rent constantly increasing, retaining residents poses a new challenge. In this MultiFalimly Executive post, some top operators discuss their retention strategies. Click here to view
Posted on 30. Dec, 2014 by Vanessa Naranjo.
With the effects of the Great Recession on the U.S. housing market still being felt, the demand for rental-housing is higher than it has been in years. Households with healthy incomes are disillusioned by what they’ve witnessed and are holding back on buying a home . Bloomberg recently posted an article discussing the rental-housing shortage and […]
Posted on 23. Dec, 2014 by Vanessa Naranjo.
Preceding winter break, students are usually preoccupied with studying for finals and making plans with friends and family, leaving little room for apartment safety precautions. To help with apartment safety, MultiFamily Executive shared this piece with helpful suggestions on what to include on your winter break to-do list to “ensure safe, secure, and well maintained student housing […]
Posted on 11. Dec, 2014 by Vanessa Naranjo.
Are you prepared for the upcoming year? Recent studies suggest that multifamily demand will remain high in 2015, despite “high demand, some markets reflect a possible concern of oversupply, with vacancy rates forecast to reach upwards of 7 percent.” Multifamily Executive recently posted an article that shows what to expect in the rental market. Click here for […]
Posted on 02. Dec, 2014 by Vanessa Naranjo.
Have you winterized your property? Last year’s winter season came as a shock to many proving that “even the typically warmer climes aren’t immune to snow and ice.” To help you prepare for the winter months, Multifamily Executive recently posted an article offering tips for property winterization. Click here for the full article
Posted on 18. Nov, 2014 by Vanessa Naranjo.
A few years ago, staying ahead of the student housing game meant providing in-unit amenities – granite countertops and gourmet kitchen appliances – but in recent years, there has been a shift. Students now prefer “robust communal areas” that support their mobile lifestyles. MultiFamily Executive recently posted an article discussing the top tech-based amenities and resident expectations. Click […]
Posted on 13. Nov, 2014 by Vanessa Naranjo.
Are you privy to the art of marketing to Millennials? A recent article from MultiFamily Executive says that “The key to attracting students and young professionals as renters is to do so on their terms.” Pairing trends with the right content and tone are crucial to the success of marketing to Generation Y. Read the […]
Posted on 06. Nov, 2014 by Vanessa Naranjo.
Multi Family Executive recently shared an article discussing the commonalities between the hospitality and apartment industries and how Property owners and managers can gain knowledge from hospitality tactics. Looking outside of the multifamily industry can offer fresh perspectives on how to approach different aspects of your business. Read the full article here
Posted on 30. Oct, 2014 by Vanessa Naranjo.
The economic shock, better known as The Great Recession, has created a demand that’s here to stay. Millennials witnessed the masses get hurt by home ownership and are now opting to rent. The New York Times recently posted an article discussing this demand increase. Read the full article here