Thursday, April 25, 2024

Tag: RealPage

RealPage provides a technology platform that enables real estate owners and managers to change how people experience and use rental space. Clients use the platform to gain transparency in asset performance, leverage data insights and monetize space to create incremental yields. Founded in 1998 and headquartered in Richardson, Texas, RealPage currently serves over 19 million units worldwide from offices in North America, Europe and Asia.

New study from RealPage reveals portfolio-wide gap in leasing fraud protections

RealPage released its 2024 National Multifamily Fraud Research Study: Uncovering the Impact of Rental Application Fraud in Multifamily this month. The study...

1.1 million apartments occupied since 2020

National apartment occupancy hit a 10-year low at the end of 2023, while demand reached its highest point since Q2 2022 and...
multifamily housing construction

Building more luxury apartments lowers rent for all classes

One of ten unintended consequences of rent control, according to the National Apartment Association, is that it reduces developers’ incentives to build...

Fannie Mae predicts instability and cloudy skies in 2024

Fannie Mae issued a multifamily market forecast this month predicting instability and cloudy skies in 2024. “Our prediction of turbulence in the multifamily...

High-income households drive renter growth

Data from several sources suggests high-income renters drive renter growth.What does it mean that the number of renters with incomes above $100K...

Renewed consumer confidence boosts apartment demand

As 2023 comes to a close and inflation eases a bit, consumer confidence has rebounded, according to two December surveys. Renewed consumer...
Biden DOJ supports those suing RealPage

DOJ weighs in on RealPage suit

The Biden Department of Justice (DOJ) has come down on the side of the plaintiffs suing RealPage and many property management companies over their...
apartment vacancy

RealPage compares markets by strength of lease-up absorption

Comparing markets by strength of apartment lease-up absorption sheds light on market-adjusted demand. Jay Parsons, RealPage SFV and chief economist, warned earlier this...

Class B rents soften, drive renter flight to quality

The recent flood of new multifamily deliveries is softening Class B rents in submarkets with high supply more than any other asset...
multifamily housing construction

Soaring supply flattens rents while demand normalizes

The balance of power in the apartment market has finally shifted, giving renters a lot more options, suggests a Q3 market report...

RealPage reports rent-to-income ratio flip

RealPage reported this month that wages are outpacing rents by a widening margin. Moody's Analytics tells a much different tale. After reporting...
market rents

Market rents: who’s hot, who’s not

The pandemic created a number of anomalies in the rental market that will take some time to normalize, not the least of...
Elizabeth Warren targets YieldStar revenue management

Senators ask DOJ to investigate revenue management software

Senator Elizabeth Warren (D-Mass.) along with senators Ed Markey (D-Mass.), Tina Smith (D-Minn.) and Bernie Sanders (I-Vt.) have asked the Department of Justice (DOJ)...
apartment demand

Apartment demand fell in 2022

RealPage’s Early Edition report for Q4 2022 sums up key apartment absorption measures for 2022 and looks ahead to what we can expect for...

Renters renew at record levels

More apartment renters than ever are choosing to renew leases in the same unit, even as rents jump amidst rapid inflation. At the same...

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