Housing Market California Home prices declined slightly while home sales rose slightly making the month of October 2023 an unusual one. Is this the start of a housing market revival in affordability, credit access and sales? Or are your chances of buying a home, condo or rental property still slim to none?  For sure, the…

USA Rent Prices City by City The latest rent price reports for the US from Zumper, Census Bureau, Redfin, Rent.com, and Apartmentlist show asking rent prices have flattened and the median rent price growth has slowed. Their reports reflect an ongoing struggle between the economy, supply shortages and builders who are trying to produce more…

Apartmentlist: Rent Drops Just Ahead? Apartmentlist, one of the leading apartments-for-rent portals online has just released their rental marketing report for October. The report shows rents dropped again last month part of a 3-month decline. The US median rent dropped by 0.7% to $1,354, and is down 1.2% YoY. It's primarily a seasonal drop, however…

Corporate Landlords Selling Properties? The big news in 2023 was about corporate landlords and billion dollar-sized investment firms buying up rental houses and condos. Fast forward to late 2023, and there are signs these mega-sized firms are selling off some multifamily properties due to high financing costs and a rental market that is cooling. After…

Offering Concessions to Protect Asking Prices Are you finding it a little more difficult to sign good tenants at your asking price? It might be a trend. Instead of responding by dropping your rent prices and creating havoc with your business, it's wiser to have a collection of incentives or concessions to offer them during…