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Good Morning and Happy RPM Week!
I am wondering if there is anyone who is using a ai chat, that will nurture leads, that integrates with Entrata AND works well with podded communities that have 1 central leasing office.
We currently use Resmate and they are amazing with our communities that have 1 property working out of the leasing office, but how we are mainly operate is 2-5 communities that works out of one leasing office. So it creates more...Good Morning and Happy RPM Week!
I am wondering if there is anyone who is using a ai chat, that will nurture leads, that integrates with Entrata AND works well with podded communities that have 1 central leasing office.
We currently use Resmate and they are amazing with our communities that have 1 property working out of the leasing office, but how we are mainly operate is 2-5 communities that works out of one leasing office. So it creates more strain on the team, doing double entry.
Picture for attention: 2009 Leasing Professional in Charlotte, NC. I am sure some could tell with those white tip nails 🙂
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U.S. Home Purchase affordability directly influences multifamily rental property rents and values. In 2023, only 16% of homes were affordable in America, falling from 21% in the year before.
An affordable listing was defined as one with a monthly mortgage payment no more than 30% of the median monthly income of that county. Below, we show the share of affordable listings in the 97 biggest U.S. metropolitan areas by population:
Although mortgage...U.S. Home Purchase affordability directly influences multifamily rental property rents and values. In 2023, only 16% of homes were affordable in America, falling from 21% in the year before.
An affordable listing was defined as one with a monthly mortgage payment no more than 30% of the median monthly income of that county. Below, we show the share of affordable listings in the 97 biggest U.S. metropolitan areas by population:
Although mortgage rates may decline over the year if the Federal Reserve cuts interest rates, it may not be enough to boost the supply of affordable housing.
That’s because rates may not fall sharply enough to undo the “golden handcuff” effect, where homeowners are reluctant to sell to hold on to their low mortgage rates. Adding to this, home construction has fallen significantly since the global financial crisis. During this time, home builders and lenders became increasingly cautious, leading home construction to drop 55% between 2006 and 2021.
Although mortgage rates may decline over the year if the Federal Reserve cuts interest rates, it may not be enough to boost the supply of affordable housing.
The good news is that new-home construction is forecast to increase in 2024, with single-family housing starts projected to grow 4.7%.
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Interesting. What do y'all think? "We can't rent to you because you have a messy car" seems like a bad idea.
I hope everyone had a good weekend.
The only thing that was injured in this accident was my mental health and the building.
Send positive vibes y’all.
In the past couple of weeks I ran a poll on LinkedIn and you all were kind to share your thoughts on common misconceptions about leasing professionals. The option with the most votes indicates that many believe leasing professionals "just show apartments".
I'm now trying to go deeper and understand why this is. What could be causing this misconception, and how could we as an industry fix it. Would love any thoughts from folks in this fine...In the past couple of weeks I ran a poll on LinkedIn and you all were kind to share your thoughts on common misconceptions about leasing professionals. The option with the most votes indicates that many believe leasing professionals "just show apartments".
I'm now trying to go deeper and understand why this is. What could be causing this misconception, and how could we as an industry fix it. Would love any thoughts from folks in this fine community.
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It's time for the Wisteria to bloom...don't forget to be creative when landscaping your community. Make your property stand out!