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Property Management Blog

Sunday, April 19, 2015

Southwest Idaho Vacancy Report; Quarter 1, 2015
Property Management Blog
The Southwest NARPM Vacancy report for the first quarter of 2015 has been released! Data from a total of 17 property management companies were included in the survey results, which accounted for a total of 4347 homes: 2396 single-family and 3321 multi-family. Vacancy rates moved slightly down to 3.0% for the 1st quarter of 2015. This is a...

Wednesday, April 15, 2015

Rent Growth High
Property Management Blog
The apartment market is continuing its upward trend to start 2015, according to preliminary first-quarter data from Axiometrics. The primary reason being; jobs–though the latest employment report from the Bureau of Labor Statistics (BLS) suggests that job-creation may be slowing down a bit. Annual effective-rent growth in the firs...

Tuesday, March 24, 2015

Property Management In Treasure Valley Could Get Interesting With Exciting New Developments!
Property Management Blog
There are some interesting things happening in Boise right now in regards to construction of new living spaces! New concepts in live/work spaces and urban renewal projects in Garden City shake things up for new living spaces. The Modern and Yet Also Historic Idea Of Live-Work Spaces The Idaho Statesman ran a story in January about “...

Tuesday, March 10, 2015

We’ve Got The Best Techs!
Property Management Blog
We’ve got the best Techs! If you’ve been an owner of rental property for any period of time you know, or will know shortly, that maintenance is not only inevitable but sometimes very unexpected and can be costly. This is why it is essential to have technicians who are putting your property as first priority. We have a staff of...

Wednesday, February 25, 2015

Apartment Living is Gaining Popularity Nationwide!
Property Management Blog
If there was a need for further proof that apartment living is gaining popularity nationwide, we have it!! In recent reports we learned that: 1. Some 2 million new renter-occupied households were added in 2014, while the number of owner-occupied households decreased by more than 350,000, according to a Jan. 28 report from the...

Monday, February 23, 2015

WHAT IS PROPERTY MANAGEMENT?
Property Management Blog
Property management is defined as the operation, control and oversight of real estate as used in its most broad terms. The term “management” shows a need to be monitored, cared for and accountability given and in this sense, the management is of real property. One of the most used applications of property management in the United Stat...

Wednesday, February 4, 2015

Foreign Investment
Property Management Blog
The United States apartment market has seen a dramatic rise in the flow of foreign capital over the past decade. But panelists at the National Multifamily Housing Council’s Apartment Strategies Conference expect an even bigger influx if policymakers address tax law. The Foreign Investment in Real Property Tax ...

Monday, January 12, 2015

SW Idaho 4th Quarter NARPM Vacancy Report 2014
Property Management Blog
Vacancy rates moved slightly up to 3.2% for the 4th quarter. This is an increase of .6% from last quarter. The largest increases in vacancy rates from last quarter, was multi-family homes in Ada County with a 1.1% increase and single-family homes in Canyon County with a 2.6% increase. Rental rates in Ada County increased...

Wednesday, January 7, 2015

Kids Living at Home is on the Decline!
Property Management Blog
During the economic dive of 2008-2009, the share of young Americans living with their parents skyrocketed and then, through several years of recovery, held at its new, worryingly high level. But good news for moms and dads! Now, Goldman Sachs reports in a circular for clients that while it’s still elevated, the number of twenty-somethin...

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