Problems viewing? Click to view online Issue #40, February 2020
Summerfield Management
RENTCafe National Rent Report: The Average Apartment Rent Was $1,463 in January
RENTCafe National Rent Report: The Average Apartment Rent Was $1,463 in January
Summerfield Management - February Industry NewsIrina Lupa, RENTCafe Summerfield Management - February Industry NewsFebruary 15, 2020
The average apartment rent reached $1,463 in January, up $43 since last year, according to apartment data from Yardi Matrix. Rents grew moderately into the new year, increasing by 3% year-over-year, the slowest pace we’ve seen in 18 months, as the seasonal winddown wears on through the winter.
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Industry News
Five Multifamily Housing Trends for 2020
Five Multifamily Housing Trends for 2020
Summerfield Management - February Industry NewsTim Blackwell, RealPage Summerfield Management - February Industry NewsJanuary 29, 2020
Every year about this time multifamily stakeholders want to know the upcoming trends, what’s hot and what’s not, and how they can ride a new wave to grow occupancy, boosts rents and sharpen the knife on ROI.
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Freddie Mac Survey Profiles Renters vs. Owners
Freddie Mac Survey Profiles Renters vs. Owners
Summerfield Management - February Industry NewsGail Kalinoski, Multi-Housing News Summerfield Management - February Industry NewsFebruary 12, 2020
The report shows a record number believe renting is more affordable than owning a home, as affordability becomes a growing issue among both residents and owners.
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7 Ways to Prep for a Profitable Leasing Season
7 Ways to Prep for a Profitable Leasing Season
Summerfield Management - February Industry NewsBrittany Benz, Appfolio Summerfield Management - February Industry NewsFebruary 13, 2020
The new year has only just begun, but the leasing busy season will be here before you know it. To ensure your team is well-equipped to handle the additional volume of prospective renters, you need to start preparing now.
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Gen Z Residents Reshape Multifamily Operations
Gen Z Residents Reshape Multifamily Operations
Summerfield Management - February Industry NewsLew Sichelman, Multi-Housing News Summerfield Management - February Industry NewsFebruary 7, 2020
This cohort is 44 million strong, extremely tech-savvy and used to instant results. Are you prepared to handle their living needs?
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5 Ways to Enhance Your Property's Green Initiative
5 Ways to Enhance Your Property's Green Initiative
Summerfield Management - February Industry NewsBrittany Benz, Appfolio Summerfield Management - February Industry NewsFebruary 3, 2020
Commercial and residential buildings account for 39% of the carbon dioxide emissions in the United States. Is your property management company doing everything it can to be more sustainable?
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Property Managers Face Unprecedented Change in 2020
Property Managers Face Unprecedented Change in 2020
Summerfield Management - February Industry NewsThe Editors, Rental Housing Journal Summerfield Management - February Industry NewsJanuary 24, 2020
Property managers are at the center of the collision between rising rental demand, declining profitability, changing regulations, and the nationwide shortage of affordable places to live, according to the fifth annual survey of 1,738 property managers by Buildium and the National Association of Residential Property Managers.
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5 Housing Regulations for 2020: What Property Managers Need to Know
5 Housing Regulations for 2020: What Property Managers Need to Know
Summerfield Management - February Industry NewsLaurie Mega, Buildium Summerfield Management - February Industry NewsJanuary 16, 2020
Now that New Year’s Eve has come and gone, we find ourselves in a whole new decade that presents property managers with an ever-growing amount of complex regulations to grasp and navigate.
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Seattle's Average Rent Increases Are Slowing
Seattle's Average Rent Increases Are Slowing
Summerfield Management - February Industry NewsShawna De La Rosa, Bisnow Summerfield Management - February Industry NewsJanuary 29, 2020
The metro Seattle area’s average monthly rent is experiencing its slowest year-over-year growth in eight years.
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Let’s start Doing Business together
Summerfield Management has the qualified personnel, systems, policies, and protocols in place to maximize the return on your multifamily investment. If you are interested, please contact Summerfield Management to initiate a dialogue on how we can make a positive impact on your investment.
Summerfield Management
CALL TRAVIS GOLD TODAY
206-960-6003
Summerfield Management Office Locations:
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7525 SE 24th Street, Suite 665, Mercer Island, WA 98040
1124 West Riverside Drive, Suite 325, Spokane, WA 99201

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