Commercial Weekly: Florida’s Hot Rental Market Leads to Highest Share of Cost-burdened Renters
Apartment asking rents are rising at a double-digit pace in 35% of 390 metro areas, according to NAR’s analysis of asking rent data in those areas.
Apartment asking rents are rising at a double-digit pace in 35% of 390 metro areas, according to NAR’s analysis of asking rent data in those areas.
Thinking about Installing a Boiler Control System? I know, I know… you are thinking that spring is coming and why do I need a heat controller now anyway? Whether you call it a heat controller, boiler controller or energy management system, there is never a bad time to install one in your building. You…
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We go through a very strict hiring practice, but still having issues. People start and then no show on day 3. We run a personality test to see if they are a good fit for each position. Then run a background on each individual. We greet them with warm hello’s on day 1. We have…
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He’s ten and sometimes I think he just isn’t listening. Then I see him prepping for his seed game, creating a playbook for his team and I see two things: Slow and steady wins the race (my advice to myself when I’m attempting to avoid a knee jerk reaction vs a well executed response). He’s…
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Nationally, the existing single-family median home price rose 14.6% year-over-year to $361,700, with 67% of the markets showing double-digit home price appreciation.
At the national level, housing affordability fell in December 2021 compared to the previous month according to NAR’s Housing Affordability Index. Compared to the prior month, the monthly mortgage payment increased by 0.5% while the median family income rose modestly by 0.3%.
Apartment demand is still outpacing supply across all classes of apartments and with demand likely to rise, rental prices are also likely to rise.
When looking at the household composition of home buyers today, 60% of all home buyers are married couples, 19% are single women, and 9% are unmarried couples.
We understand how demanding it is to be a regional or property manager. Not only do you have to ensure you have the right people to serve the never-ending resident requests, but you also have to be constantly innovating and finding new ways to get an edge over the comps, drive retention, and increase revenues. …
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Keeping a leasing call positive is the foundation for the first impression. As the leasing inquiry begins with a question. Its 50/50 will the answer be yes or no? We don’t have any three bedroom apartments. We don’t supply washing machines and dryers in our apartment homes. We don’t have any one bedrooms available.. We…
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