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 rent growth will crawl out of negative … [Continue reading...]
Property Management Articles
If you’re considering hiring a property management company in Denver, Colorado Springs and/or Fort Collins, Colorado Realty and Property Management, Inc. could be the right choice for your needs. The property management articles below are a great resource for landlords and real estate investors.
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Exactly How Much Goes into One Dollar of Rent?
Landlord-tenant relationships are filled with myths and misconceptions. In this article, we'll address the myth that landlords don't rely heavily on consistent rent payments to stay afloat. Based on the latest data from the National Apartment Association (NAA), this article breaks down how each dollar of rent is distributed. These are only national averages, and individual cases may differ. … [Continue reading...]
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 neighborhoods, knowing local house prices, and … [Continue reading...]
Despite a slump in housing confidence, there is light at the end of the tunnel
Despite recent talk about an interest rate easing in 2024 and a low likelihood of a severe recession, people still feel pessimistic. There is a general feeling of low housing confidence among both homebuyers and home sellers. A rise in interest rates in 2022 contributed to a plummet in consumer confidence in the housing market. In 2023, confidence stabilized slightly, but quickly reached a … [Continue reading...]
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 rate of year-over-year rents is expected to crawl out … [Continue reading...]
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 in the … [Continue reading...]
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