Rise in Rental Applications

Rise in Rental Applications

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...
Term: Renter Migration

Term: Renter Migration

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...
Lumber Prices Decline

Lumber Prices Decline

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...
Apartment Wellness Amenities

Apartment Wellness Amenities

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,...
Boise Rapidly Attracting Residents

Boise Rapidly Attracting Residents

For many years, Boise, ID, has been a hidden gem, attracting retirees and outdoor enthusiasts looking for a slower pace of life. However, in recent years the city has begun to attract attention from major corporations and young professionals, leading to an influx of...