Demand for Rental Properties Rising Dramatically

Inventory shortages are severely impacting the housing market, and will have the greatest effect upon renters. A recent multi-family report estimates that by 2030, 4 million new apartments will be needed to keep up with the demand. The National Apartment Association (NAA) along with the National Multifamily Housing council (NMHC) ... Read More...

For Your Money’s Sake, Rent Don’t Buy

Rising home prices and the possibility of an increase in mortgage rates could put a damper on home ownership. According to an article by Diana Olick for CNBN, Don’t Put Your Money in a House, Says a New Report, renting just might be a better option. Most people believed conventional wisdom ... Read More...

National Rental Data Snapshot

The May edition of Zumper’s National Rent Report is now available and shows another month of mixed data (Zumper National Rent Report: April 2017). There has been little change in the top tier markets which have continued trend trend of plateauing prices. Mid and lower level markets showed more volatility. ... Read More...

Sprucing Up Online Listings With Virtual Staging

There are common complaints from owners, managers, and developers in new communities, high-rises, and resorts. “Vacant apartments are a challenge to rent. Units filled with worn or dated furnishings are a turn-off, too.” If the rooms in your online listings are in need of paint, new furnishings or updated decor, ... Read More...

Excessive Condo Fees Under Fire

We’ve all heard of cases where a prospective tenant or buyer of a condominium has been charged excessive move-in fees and has no recourse but to pay or have their application denied. Reports now show a tenant is suing a Miami condo association over its excessive application and move-in fees, ... Read More...

South Florida Rental Market by the Numbers

The Miami rental market has been booming for the past few years. Higher than expected job growth combined with a growing population has produced favorable conditions for multi-family housing in South Florida. According to the Yardi Matrix 2016 Summer Market Report, job growth has been the driving force behind Miami’s resurgence ... Read More...

Demand Rising for South Florida Rentals

As condo sales slow, South Florida developers are turning to rental properties. Amid a softening economy and fewer foreign buyers, rental apartments are becoming an option throughout the South Florida area. As an alternative to ultra-luxury projects, some developers are targeting renters who are seeking an urban lifestyle. As reported by ... Read More...