Month: August 2022

Policies and Procedures – The SPANX of Property Management Operations

Yes, you read that correctly. Policies and Procedures are the SPANX of property management operations: the functional, streamlining control panels that make everything else look polished, effortless, and successful. Love them or hate them, they are a necessary component of a high-performing property management company’s strategy. While Policies and Procedures are decidedly unsexy, they provide…
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The Future of Multifamily is Now (And It’s Not What The Jetsons Led Us to Believe)

You remember The Jetsons, right? The classic cartoon series first aired in 1962 but was set “100 years in the future” – which would be 2062. During the show’s first season it was revealed that patriarch George Jetson was 40 years old, which brings us to 2022 being the year of his birth. Internet sleuths…
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Housing Affordability Conditions Fade as Mortgage Rates Push Monthly Payments Higher in June 2022

The monthly mortgage payment increased by 5.3% in June 2022, compared to the prior month, while the median family income increased by 1.4%.

Single-Family Home Prices Display Double-Digit Increase in 80% of 185 Metro Areas in 2022 Q2

National median prices rose 14.2% year over year to $413,500, rising above $400,000 for the first time.