Monthly Archives: February 2009

The Shadow Market’s Affect on Rental Searches

Apartment marketing professionals have been keeping a sharp eye on how the rampant foreclosures are affecting rental supply across the nation. Of course, unemployment figures are worrisome and are a key indicator of expected rental performance, but what of the looming specter of the shadow market? On the one hand, it is reasonable to predict [...]

Send Apartment Details to your Phone

A new feature that was overshadowed by our recent implementation of Facebook Connect on MyNewPlace, is the “send to phone” option on our property pages. If you click on “send to phone” (pictured right below), you will receive a text message with the name of the apartment building, address, number of bedrooms, rent information and [...]

MyNewPlace Implements Facebook Connect

Starting today, MyNewPlace users have a new resource to help them find apartments for rent–their friends and social graph. We know that finding and moving into a new place is an important event and we want to make it easy for you to get good advice from those you know and trust. To that end, [...]

Apartment Rental News Weekly Roundup: Apartment Environments

The Battle for Smoke Free Apartments Heats Up For the past year we have been tracking the development of the controversial issue of smoking in apartments. The point of contention hinges on whether the renter has a right to smoke within their apartment versus the rights of neighbors to clean air in their apartment. Each [...]

Apartment Rental News Update: Is Optimism for Suckers?

So this week Dr. Government approached the lifeless body of the economy, armed with a fiscal defibrillator; in one hand the Treasury Department’s Geithner plan, in the other, an unprecedented emergency supplemental appropriations bill, commonly known as “the stimulus”. Unfortunately, it will be more than a few seconds until the fate of the economy is [...]

Sitting in Apartment Limbo

Last week, we talked a little bit about the types of things you should consider when you find out that one of your roommates is moving out, followed the very next day with an article on how to prepare for the fact that all of your roommates are now moving out. We mainly addressed the [...]

Apartment Marketing Professionals: Prepare for Sobering Statistics

Last month, we relayed information from REIS, Inc regarding how apartment rents had decreased for the first time in 5 years in Q4 of 2008. That report is reinforced by a recently released study by RealFacts.com, which provides “the first comprehensive assessment of the rental market in 2008.” According to RealFacts: Rents declined in nearly [...]