Resident retention is of utmost concern to property managers, now more than ever.  But how do you actually retain residents?  Property Management Insider has identified the following myths, based on resident feedback, about how landlords keep tenants.  Before you institute any expensive or time-consuming policies, read the following to make sure you’re not barking up [...]

The housing market may still be in a slump but the apartment rental market is continuing to thrive. After a couple years of a freeze on new construction, multifamily companies have finally started breaking new ground again. New apartment buildings are going up around the nation though it’s still going to be at least a [...]

Rental apartments are a rare point of growth in the commercial real estate industry, according to Investor’s Business Daily.  Developers throughout the industry are investing in large and ambitious projects, with the largest growth is in Dallas; Houston; Los Angeles; Orange Country; California; and Northern Virginia.  The new apartments vary as much as their locations—some [...]

Until recently, Americans were on the move.  For decades, they left northern states and headed for the south and the sun.  A recent article in The New York Times describes how these trends are changing.  People are staying put, and American migration patterns have shifted as a direct result of economic downturn.  Houses are harder [...]

By MyNewPlace Guest Blogger, Ron Leshnower – About.com’s Apartment Living Expert Understanding your lease and paying your rent are two essential aspects of apartment living, and so it’s no surprise that many apartment hunters and renters alike have questions about both topics. When these questions go unanswered, however, problems often arise that could lead to [...]

The job-creation plan that President Obama is pushing congress to pass may have some great ideas about how to help this country and its citizens climb out of the giant hole of debt we’ve all fallen into. It does not, however, address one of the biggest problems that the nation is currently facing: the housing [...]

It’s still not clear exactly how the increase to the debt ceiling will affect the behavior of the American economy. The long term effects of this change are difficult to predict in the global marketplace, but there are three ways this increase could significantly affect the multifamily industry. Changes in the mortgage rates, falling stock [...]

In a down economy charitable giving is often among the first corporate cutbacks, but in 2011 the Apartment Rental Industry will donate well over $1 million to charitable causes.  MyNewPlace, one of the nation’s largest apartment and home rentals websites, is one of several companies that are donating to breast cancer research and using their [...]

As rental prices continue to rise, many people are looking for roommates to help offset the high cost of living. It’s hard enough for friends or acquaintances to share a place when there’s one bedroom for each of them, but the slow recovery of the economy has made it difficult for some people to afford [...]

Three and a half years after the start of the Great Recession and two years after it officially ended, Americans are still worried about the anemic economy.  The unemployment rate is stubbornly high at 9.1% and first-quarter GDP growth was a weak 1.8%.  There’s been a lot of talk in the media about the risk [...]