According to Arizona State University, rents have skyrocketed by 72% recently, partly because of a statewide housing unit shortage of over 65,000 units. The author of this article makes some fascinating points about the recent RealPage rent price fixing lawsuit trend and it’s chilling effect on future inventory counts just as the country desperately needs…
If you’re a rental property owner, you’ve probably considered countless ways to boost your income and property value. But have you looked at your rental investments backyard lately? Installing a fence is a surprisingly simple upgrade that delivers outsized returns. It’s a modest investment that can increase your rental income, attract higher-quality tenants, reduce vacancies,…
By the end of this year, every major metropolitan market is expected to see positive rent growth, said Jay Lybik, national director of multifamily analytics at Costar. That’s the takeaway from a recent Wall Street Journal article that was exploring the negative issues surrounding inflation and rising housing costs including rents. Read the full article here. We’re…
The real estate cycle is evolving rapidly in 2025. Local trends mirror national shifts. Our community is impacted by rising demand and a tight housing supply. Investors and residents alike are watching this cycle closely. To read more about the cycle, read this article. Market Trends Current market conditions show clear signs of change. Inventory…
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