Fueled by fears of a continued rise in inflation, investors are aggressively bidding up apartment prices. Nationally, the average apartment cap rates stand at 5.1%, but that’s for closed...
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The National Apartment Association announced that it filed a lawsuit on July 27, 2021 in the US Court of Federal Claims “to recover damages on behalf of rental housing providers that have suffer...
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Many landlords, frustrated with the extension to the CDC pandemic eviction moratorium, are likely counting the days to its end on July 31. So are many others, whether in CRE or public policy, but wit...
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In June, the headline inflation reading came in at 5.4%—the highest level since 2008. Fed Chairman Jerome Powell says that inflation is well above their 2% target. But he thinks this is a tempo...
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Multifamily asking rents increased by a whopping 6.3% on a year-over-year basis in June. This is the largest YoY national increase in the history of our data set. Rents grew an astonishing $23 in J...
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The presidential executive order of July 9, 2021 to promote “competition in the American economy” was intended more to prevent anti-competitive activity by corporations. “What we&rs...
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As a landlord, you want the best possible tenant to occupy your rental. Therefore, you may wonder what kinds of questions you should ask during the tenant screening process. In order to weed out undes...
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The last thing a landlord wants is for a bad tenant to occupy their rental property, as selecting the wrong person could lead to a costly eviction, damaged property, or nonpayment of rent. Finding hi...
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When selecting a new tenant for your rental property, calling your applicant’s previous landlord for a reference check can be an important part of the screening process. A landlord reference che...
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Forty-four of the 50 largest metros broke new records. The US median rent price rose 8.1% year-over-year and 3.2% month-over-month to a new high of $1,575 in June, according to the Realtor.com Monthl...
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