Tough Times Ahead: Analyze More Than Just A Tenant Applicant’s Income
Three questions about employment involving potential applicants income for landlords and investors to check in today’s challenging market about tenants. By Scot Aubrey Everyone loves a good survivor story. Whether…
Phoenix Maintains Strong Multifamily Fundamentals
Phoenix is showing strong multifamily fundamentals as investment activity remains elevated, year-over-year rent growth outpaces the U.S. rate, and the unemployment rate exceeds pre-pandemic levels, according to the June report…
Portland City Council Settles With Landlords, Amends FAIR Ordinance
The Portland City Council has voted to amend the Fair Access In Renting Ordinance (FAIR) regarding some elements of applicant screening and security deposits, according to reports. The council decided…
Rate Of Rent Growth Slows At Midyear But Multifamily Still Poised For Strong Year
The rate of rent growth in multifamily has slowed slightly as year-over-year asking rents decelerated, from 16 percent in April to 14 percent in May, Yardi Matrix says in a…
Portland’s Multifamily Sector Building a Comeback
Portland’s multifamily sector is building a comeback as construction activity stays elevated, rent development is consistent and the employment market is recouping losses, according to the Yardi Matrix June 2020…
Court Upholds Law Requiring Landlords Pay Rent To Evicted Tenants
A federal appeals court in California has upheld a law requiring landlords to pay one month of rent to evicted tenants, according to reports. The San Francisco Chronicle reported that…
Where Are The Most Competitive Rental Markets?
A look at the 100 largest markets in the U.S. shows where the most competitive rental markets are and what is driving the competition, according to research from RentCafé. Using…
With Traditional Multifamily Rent Drivers Disrupted What Is The Future?
Traditional drivers of multifamily rent growth were upended during the pandemic, first as shelter-in-place policies led to massive job losses and migration, and then as the employment rebound and loosening…
Seattle Mayor Vetoes Plan To Make Landlords Report Rent They Charge
Seattle Mayor Bruce Harrell has vetoed a Seattle City Council ordinance that would have required landlords twice a year to report the rent and other fees they charge for each…
Multifamily Rent Growth Continues To Defy Gravity
Multifamily rent growth continued its strong run in May even as year-over-year rent growth decelerated slightly to 13.9 percent. However, demand remains robust and regionally broad-based, according to Yardi Matrix…