Hiring and supporting a maintenance professional in the apartment world was simple in the past. It generally consisted of: “Welcome to the team. Here are your keys.” There is much more to it in 2024—particularly if you want the technician to remain with your organization. With a shortage of maintenance professionals in the industry, procuring…
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Designing a logo for your apartment community is no easy task. It’s not just about crafting a visual emblem; it’s about creating the welcoming face of your brand, the first thing potential residents will see. Your logo serves as a digital welcome mat, setting the tone for your apartment’s online presence. Much like ensuring your…
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In multifamily, data is king. With an increasingly competitive landscape, decisions are made using accurate and granular data. NER, advertised occupancy, exposure, and concessions–the more specific apartment metrics you can get, the more data you’ll have to base pricing decisions on. The problem is, how do you get specific data? What, aside from sp…
Multifamily communities experience a surge in activity during the peak leasing season, typically spanning the spring and summer months. During this period, a flurry of new renters arriving, existing residents renewing leases and an influx of prospects seeking living spaces can present challenges for property managers. This chaos can also lead to hi…
In Q1 2024, national median home prices rose 5.0% year over year to $389,400, with 28.5% of metro areas seeing double-digit price increases.
Housing affordability fell nationally in March 2024 compared to the previous month, with monthly mortgage payments increasing by 2.8% and the median price of single-family homes rising 2.4%.
