This week in property management news: August 22, 2016

Katrina Langer
Katrina Langer | 2 min. read
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Published on August 22, 2016

Why some property values continue to struggle despite market growth; The stress of a first-come, first-served law in Seattle; Should you invest in landing pads for drones?; One startup changing the face of corporate property management; How the Midwest can offer more than other gateway cities.

Property values struggle to recover in some cities
The Wall Street Journal investigates why homeowners in some cities (Detroit, Chicago, Cleveland, and Las Vegas, for example) owe more on their mortgages than their homes are worth, while in other cities, like Denver and San Francisco, property owners are ahead of the curve.

Why first-come, first-served renting hurts more than it helps
Last week, news broke that Seattle passed a law that require landlords to rent to the first qualified applicant for an apartment—even if said applicant was rude, pushy, and speaks poorly of his previous landlords and neighbors. The Seattle Times investigates the impact of this law.

Flying cars are here. Almost.
And, according to Wired, your buildings should be ready with balcony landing-pads for drones. Is that practical? Maybe not. But is it the future? Potentially.

How one startup wants to reshape the rental market
Inc. interviews the co-founders of Status, a startup that aims to alleviate the struggles of being a landlord by working with tenants in a high-tech, fast-paced interface.

The magic of the Midwest
The Midwest has a lot to offer. Especially, according to National Real Estate Investor, tenants and properties that are reliable, steady, and low-key.

Read more on Property Management Trends
Katrina Langer

Katrina is the author of several Buildium ebooks and guides. She holds a B.A. in English from Northeastern University.

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