One In Three Small Portfolio Owners Say They Are Profitable
The majority of rental owners surveyed in 2022 said that they’re struggling to stay in the black, Buildium says in a new survey. And, just one in three small-portfolio rental…
Judge Sides With Landlords Over Tenant Screening Cap Flap
An Oregon judge has sided with landlords over the City of Eugene’s attempt to cap tenant screening fees at $10, according to reports. Two property management groups had sued the…
When Will Sagging Multifamily Sales Rebound?
Yardi Matrix says in a new research bulletin that investor demand and multifamily sales are continuing to evolve in 2023. Multifamily property sales continued to shift toward secondary tech markets…
Newly Built Apartments Getting Smaller
The average size of newly built apartments in 2022 has decreased to 887 square feet, down from the 941 square foot average 10 years ago, RentCafe reports. In a report…
6 Takeaways From The National Multifamily Housing Conference
The John Burns Real Estate Consulting team attended the National Multifamily Housing Council’s recent conference and came away with 6 takeaways to share with our readers. The report points out…
Economic Indicators Show Positive Multifamily Outlook
Multifamily demand remained steady in January, with rents leveling off after a fourth-quarter dip, to show a positive multifamily outlook, Yardi Matrix said in their January report. “The sturdy job…
36 Percent Of Remote Workers Planning To Move in 2023
The remote worker migration in rental property that started in 2022, is expected to continue in 2023 with 36 percent of remote workers planning to move in 2023, a new…
Colorado Bill Seeks To Ban Pet Rent Charges
A bill introduced in the Colorado legislature would prohibit landlords from charging pet rent or extra security deposits for pets. The Pet Ownership In Housing bill, HB-23-1068, was introduced to…
Portland Rents Hold Steady In January
The median rent in Portland fell by only 0.1 percent – essentially flat- over the course of January while rents fell in many other large metros, according to the February…
Oregon Bill Seeks To Restore 60-Day Grace Period For Evictions
An Oregon Senate bill seeks to require landlords to extend notice periods and restore the 60-day grace period for evictions for nonpayment of rent which were part of the pandemic…