According to Federal Reserve Chairman Jerome Powell in March 2021, these price increases will only have transient effects on inflation. Thereafter, “transitory inflation” became the phrase of the year in economics, with high hopes that inflation would return to its regular programming and maybe even deflate after the initial supply chain shocks and government stimulus […]
Property Management
A 7-point guide to the rental market in 2024
Based on the cooled rental market of previous years, here are 7 predictions for where rentals will go in 2024 from Apartment List‘s economists. Renters will have more options and better chances to negotiate prices and lease terms in 2024, which will be the strongest year for apartment construction in decades. According to expectations, year-over-year […]
Tips for Successful House Flipping
Tips for flipping houses are plentiful, but you should know one thing: The only tips that matter are the ones that move you toward a profitable flip. To ensure success in house flipping, here are 10 tips. Become familiar with the market Real estate market knowledge is key to success in house flipping. Identifying up-and-coming […]
Trends Predicted for the 2024 Rental Market
In the wake of the once red-hot rental market of previous years cooling down, the Apartment List economists have predicted 7 trends for 2024. A key topline summary for 2024 is as follows: In 2024, new apartment construction will reach its highest level in decades, giving renters more options and better negotiating power. The growth […]
How the Priorities of Renters are Changing
An upcoming study asks housing providers whether they truly understand the changing priorities of renters. More than 170,000 renters in more than 4,000 communities were surveyed in a new study from the National Multifamily Housing Council (NMHC) and Grace Hill. Renters’ preferences are influenced by financial motivations, evolving expectations, and the influence of remote work […]
Long-Term Rentals: A Better Choice Than Airbnb Rentals
The concept of renting accommodations has evolved dramatically in recent years, thanks in large part to the rise of platforms like Airbnb. While Airbnb and similar services have undoubtedly offered convenient options for short-term stays, there are compelling reasons why long-term rentals remain the superior choice for those seeking stability, affordability, and a true sense […]