Despite recent talk about an interest rate easing in 2024 and a low likelihood of a severe recession, people still feel pessimistic. There is a general feeling of low housing confidence among both homebuyers and home sellers. A rise in interest rates in 2022 contributed to a plummet in consumer confidence in the housing market. In 2023, confidence stabilized slightly, but quickly reached a … [Continue reading...]
Property Management Articles
If you’re considering hiring a property management company in Denver, Colorado Springs and/or Fort Collins, Colorado Realty and Property Management, Inc. could be the right choice for your needs. The property management articles below are a great resource for landlords and real estate investors.
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Trends Predicted for the 2024 Rental Market
In the wake of the once red-hot rental market of previous years cooling down, the Apartment List economists have predicted 7 trends for 2024. A key topline summary for 2024 is as follows: In 2024, new apartment construction will reach its highest level in decades, giving renters more options and better negotiating power. The growth rate of year-over-year rents is expected to crawl out … [Continue reading...]
How the Priorities of Renters are Changing
An upcoming study asks housing providers whether they truly understand the changing priorities of renters. More than 170,000 renters in more than 4,000 communities were surveyed in a new study from the National Multifamily Housing Council (NMHC) and Grace Hill. Renters' preferences are influenced by financial motivations, evolving expectations, and the influence of remote work in the … [Continue reading...]
Long-Term Rentals: A Better Choice Than Airbnb Rentals
The concept of renting accommodations has evolved dramatically in recent years, thanks in large part to the rise of platforms like Airbnb. While Airbnb and similar services have undoubtedly offered convenient options for short-term stays, there are compelling reasons why long-term rentals remain the superior choice for those seeking stability, affordability, and a true sense of belonging. In this … [Continue reading...]
The 9 Best Ways to Find a Property Manager
In addition to working a job and doing other things, real estate investors may not have time to manage their properties. However, you don't have to let time constraints stop you from investing. For property owners, a good property manager can be a valuable resource to oversee rentals and free up your time. There are a lot of factors to consider when looking for a property manager. Several … [Continue reading...]
How Come the Housing Market Hasn’t Crashed Yet?
In 2023, the housing market seemed poised for a correction due to sky-high property prices, the highest mortgage rates in decades, and economic uncertainty. However, that hasn't happened. The property market has remained flat for most of the year, and some reports suggest that it is even rising. Is this possible? How have residential housing prices managed to remain so resilient despite all the … [Continue reading...]
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