Tag Archives: millennials
Posted on 19. Oct, 2015 by Rachel Jefferson.
Despite a decrease in the unemployment rate, it seems there has been no increase in the amount of young adults establishing their own households. The 18-34 age group is largely living with family or “doubling up” with multiple roommates. The rental market will see a large increase when millennials finally decide to move out, but […]
Posted on 27. Aug, 2015 by Rachel Jefferson.
The number of Millennials represents almost 50 percent of home buyers, yet the number of Millennials in the real estate workforce is tiny by comparison. In this article, Inman shares three tips to learning more about and how to connect with this influential generation. And these tips easily translate to property managers who are looking to bring in […]
Posted on 25. Aug, 2015 by Marc Courtenay.
In today’s housing market there are some unmistakable trends that I’ve commented on in recent articles. The number of owner-occupied dwellings is dropping while rental vacancies are vanishing. Put another way, recent data from varying sources—including the Census Bureau—verifies that vacancy rates have fallen to a 30-year low. Residents are finding fewer choices available to rent than […]
Posted on 11. Jun, 2015 by Vanessa Naranjo.
Increased mobility will continue to play an important role for the modern renter. In this recent article by Axiometrics we see how Millennials are setting the stage for the next generation, a generation of “experiential people.” Click below to see how the rental industry is preparing for Generation Connected and the “experience economy.” Read the full article here
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 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 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