article thumbnail

Property management software: Why more Americans firing their property managers

Housing Wire

Hiring a property manager to handle day-to-day operations may seem like the best way to alleviate the stress. Traditional property managers are expensive, and with high interest rates and expenses, potential profit margins for rental property owners can be slim to none.

article thumbnail

Housing Market Forecast: Unpredictable Mortgage Rates to Shake Up 2025

Appraisal Buzz

Zillow anticipates a more active housing market with more buyers obtaining the upper hand in 2025. More inventory should shake loose in 2025, giving buyers a bit more room to breathe.” As the market gradually recovers, 2025 should bring more sales and relatively moderate increases in property values. Zillow predicts 4.3

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to minimize tenant turnover using online property management tools

Housing Wire

Tenant turnover happens when the current tenants move out of a rental property and the property is now vacant and it needs to be prepared for new tenants to move in. Turnover is one of the most costly aspects of the property management business, with the average turnover costing more than two thousand dollars.

article thumbnail

Why some brokerages are embracing property management

Real Estate News

Between investor purchases and property management, it can be a lucrative business for brokerages — and a source of buyer leads. The rental market is massive.

article thumbnail

CubiCasa launches AI tool that creates virtual home tours in minutes

Housing Wire

We’re excited about how this will enhance property listings across the world, as well as what professionals can bring to the table for potential home buyers.” It starts with a five-minute property scan using a smartphone or smart device photo. “Now, all of this can be created from a simple smartphone scan and listing photos.

Tools 476
article thumbnail

A new source of affordable housing inventory: Private seller auctions

Housing Wire

Tony Richards recently purchased four properties in his hometown of Montgomery, Alabama. He bought it from an outside landlord who didnt have the local market knowledge or presence needed for property management. All four of the properties are in underserved neighborhoods as defined by the Federal Housing Finance Agency (FHFA).

Sellers 349
article thumbnail

57 crucial real estate statistics that explain the 2025 market

Housing Wire

Visit Altos Research Sources: Altos Research Buyer statistics Part of being a great buyers agent is getting inside the mind of a buyer. You can do just that by reviewing real estate statistics that quantify the behaviors, decisions and trends of the mass buyer population. 89% of sellers used an agent to sell their home.