Property Management News Let's take a quick look at the latest stats and stories in the rental property sector. Is the Multifamily Apartment Glut Already Over? Rent prices have been impacted by a large release of new construction at the same time as the economy is cooling. Some expect a mild recession but would that…

How to Get Renters to Pay Rent With inflation, emergency costs, and other issues that tenants might experience, it's inevitable a rent payment will be delayed or missed. If your tenant doesn't contact you or take your calls, it might be they're embarrassed or mentally unable/hopeless to face their situation. It's not always a case…

Real Estate Housing Market Forecast US resale home sales have dropped to their lowest level since 2010. The lagging effect of fast-rising mortgage rates, mortgage rate lock ins, and tougher loan qualification has stopped first-home buyers from entering the housing market, and homeowners are locked in at previous lower mortgage rates and can't sell. The…

Housing Market Going through a Reset? In 2007 to 2009, the housing market went through a great property price reset. Companies could not hold up and a housing market crash ensued. It was the era of sub-prime lending, where major companies were caught off guard by a collapsing banking system. Today, that situation doesn't exist.…

Buy vs Rent a Home? Americans, Canadians, Brits, and Australian renters still hear the same sage advice, "why are you renting? You're throwing all your money away, you should be buying." But it's been a long time since buying a home was a better choice to renting.  And now in fall of 2023, renting is…