Month: September 2022

Knowing Your Portfolio Can Guide Centralization Efforts

With so many changes occurring in multifamily leasing and management, owner/operators are seeking ways to meet the challenges of shifting consumer tastes, ongoing hiring and retention issues and maximizing revenues.  Centralization is the next natural step in the industry’s continued modernization, offering a path to effectively manage prospects, teams and assets while optimizing their use…
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Why I Want to Know More About ESG in Multifamily

When I conducted the interviews for this year’s 20 for 20 White Paper, ESG (Environment, Social and Governance) was an unsurprisingly common theme. Based on the 20 conversations with senior executives, it seemed that ESG was becoming a driver in many decisions, including technology implementations. At the time, I noted that while the influence was big,…
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Instant Reaction: Mortgage Rates, September 15, 2022

The 30-year fixed mortgage rate rose to 6.02% from 5.89% the previous week, reaching their highest level since 2008.

Charitable Giving by REALTOR® Associations Jumped 20% Since 2020

The typical REALTOR® association donated more than $12,000 to their community last year, up from $10,000 in 2020.

Instant Reaction: Consumer Price Index, September 13, 2022

Consumer prices are still rising too aggressively and will force the Federal Reserve to take an even more hawkish stance to fight them; the overall CPI rose 8.3% from one year ago.

Instant Reaction: Mortgage Rates, September 08, 2022

Mortgage rates continue to escalate, moving closer to 6%. The 30-year fixed mortgage rate rose to 5.89%, surpassing their recent high in mid-June.