While rent growth has been continuing to follow its typical seasonal pattern, the pricing cooldown of the current off-season has outweighed the price increases of last year’s busy season, such that year-over-year rent growth is currently negative at -0.5 percent. This marks the third consecutive winter in which seasonal discounts have been notably sharper than…
Wilmington is emerging as a leader in the build-to-rent communities. These provide much-needed housing options, blending the flexibility of renting with the appeal of single-family living. Investors are taking notice as demand continues to grow. However, external factors such as climate risks and mortgage inaccessibility could shape the long-term viability of these developments. What Are…
A closed bedroom door offers a simple yet effective safety measure that protects tenants during emergencies and reduces fire risk dramatically. Key Benefits of a Closed Bedroom Door Implementing Safety Measures Effectively Tenant education is essential for successful safety implementation. Therefore, include comprehensive door safety tips in tenant handbooks, newsletters, and onboarding sessions. In addition,…
The U.S. housing market is undergoing a significant transformation. The median age of first-time homebuyers has surged to 38 years in 2024, a dramatic increase from 28 in 1991 (see here). This shift reflects growing financial barriers, including rising home prices, high mortgage rates, and limited inventory. For property managers and real estate investors, this…
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