There’s no such thing as a snow day in property management; economic forecasts struggle to capture the impact of rising rent costs; big legislative changes took hold on January 1; Zillow releases data on the 50 largest rental markets in the US; and Buildium CEO Michael Monteiro shares his perspective on the State of the Property Management Industry in 2015.
A snow day means business as usual for D.C. property managers
If Jonas had whipped up the East Coast just a few years ago, it would’ve closed down every D.C. business for the day. Thanks to Skype & Google, businesses didn’t lose any traction, because adopting a work-from-home policy is safer and more convenient than ever.
Rent prices rise so fast, forecasters struggle to capture the impact
Late last year, the national cost of shelter increased faster than ever before, but inflation dipped. The Wall Street journal digs into the cause and predicts several market changes.
Zillow releases the first Zillow Rent Forecast for top 50 markets
Introduced in December as the monthly benchmark for the rental market, the first report is now available for download. Also, visit the Zillow blog to learn more about their methodology.
Don’t miss these legislative changes
A number of laws changed on January 1 (especially in California). If you’ve missed out, don’t worry: this extensive list from Multi-Family Insiders is the perfect way to catch up over your morning coffee.
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