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Market Updates

Blog Post Market Updates for February 2024

Market Updates for February 2024

February brings an exciting shift in the property management business. Beginning next month, we officially bid farewell to the "slow season," and begin preparations for the upcoming summer leasing season. In this update, we're excited to explore all the latest economic news, along with some updates from the ongoing legislative session...
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Blog Post Market Updates for January 2024

Market Updates for January 2024

Welcome to January! As we bid farewell to the challenges and victories of the past year, we eagerly embrace the possibilities that lie ahead in 2024. Our optimism centers around the hope for easing inflation, a robust job market, and the anticipation of potential for interest rate cuts. In this month’s update, we will spotlight changes in the...
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Blog Post Market Updates for December 2023

Market Updates for December 2023

December is the perfect time of year to reflect on the year that was and look ahead at what the future might bring. 2023 has certainly been challenging as investors grappled with runaway inflation, declining home values, falling rents, high interest rates, and general economic uncertainty. However, we did not experience the crash many economists fe...
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Blog Post Market Updates for November 2023

Market Updates for November 2023

The economic and real estate landscapes are changing just as rapidly as the weather with big news regarding both in just the past couple of weeks. In this update, we will highlight big change in the labor market, discuss the Fed’s outlook on interest rates, and explore the groundbreaking verdict challenging real estate commission structures a...
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Blog Post Market Updates for October 2023

Market Updates for October 2023

With October nearly half way through, we find ourselves focused on sprinkler winterization and finalizing our offseason to do list. We have multiple exciting new features to launch in coming updates, but this month, we will discuss persistent inflation, examine the rent control debate, and highlight a changing rental landscape.  Headlines Augu...
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Blog Post Market Updates for September 2023

Market Updates for September 2023

As we step into September, we begin the slow annual transition from facilitating move outs and filling vacancies to preparing the portfolio for winter and adding new features and processes to better serve our customers. We have a lot of exciting features planned and will be announcing those in the weeks and months ahead. In this month’s updat...
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Blog Post Market Updates for August 2023

Market Updates for August 2023

Entering August, we find even more of what we’ve seen the past few months with unwavering strength in the job market, cooling inflation and even more interest rate hikes. In this month’s update we will discuss weakness in the Utah real estate market, more cooling in rental rates, and several legislative hurdles facing rental property op...
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Blog Post Market Updates for July 2023

Market Updates for July 2023

As we step into the month of July, the real estate landscape continues to captivate our attention. Contrary to predictions of a housing market crash, the Utah real estate market has exhibited remarkable resilience this spring, despite near 7% mortgage rates. In this month’s update we will highlight weakening in the jobs market, falling inflat...
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Blog Post Market Updates For June 2023

Market Updates For June 2023

With June already underway, we stand at an economic crossroads. A recession seems like a foregone conclusion. Rent growth has flattened and home values are off their recent highs. The Fed is looking for clear signals to determine future interest rate decisions but is getting anything but clarity in the data. Inflation is cooling but the job market ...
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Blog Post Market Updates For May 2023

Market Updates For May 2023

Springtime is always a busy time for rental operators. Annual lease renewals are in high gear, exterior maintenance for yards and sprinkler systems begins, and the hustle and bustle of the summer leasing season is beginning to take shape. In this month’s update, we will discuss those items as well as update you on the local real estate and re...
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