by Natalie Lemas Hernandez | Jul 12, 2022 | Blog, Owners
Home ownership has long been considered a cornerstone of the American dream. However, that dream is increasingly out of reach for many millennials, who are saddled with student debt and facing higher housing costs. As a result, more and more higher-income millennials...
by Natalie Lemas Hernandez | Jul 12, 2022 | Blog, Owners
Renter migration is the sleeping giant that apartment communities won’t want to ignore. In a November 2021 survey conducted by RentPath, 60% of renters indicated that they planned to seek a different apartment or home within the next six months. The shift toward...
by Natalie Lemas Hernandez | Jul 12, 2022 | Blog, Residents
For apartment investors, the recent surge in mortgage rates is good news. As rates have increased, so has the cost of borrowing, which has helped to cool the housing market in recent weeks. This is good news for apartment investors, as it means that more people will...
by Natalie Lemas Hernandez | Jul 12, 2022 | Blog, Owners
Lumber prices have been on a rollercoaster ride over the past year, and the latest dip could provide some relief for apartment developers. After reaching a record high in April 2021, lumber prices have fallen 47% year-to-date. That significant decline is starting to...
by Natalie Lemas Hernandez | Jul 12, 2022 | Blog, Owners
A few years ago, apartment developers in Idaho might have been able to get away with a pool and a gym, but now they’re feeling the pressure to provide residents with more than just a place to exercise. With people spending more time at home than ever before,...
