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How AI and a changing rental market will shape property management in 2024

Housing Wire

Two complex factors are set to transform the rental market in 2024, creating new challenges and opportunities for property managers. The second is a more competitive rental market, driven by record-high construction of multifamily rental properties. At the same time, the data suggests several benefits for early adopters.

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SFR and fix-and-flip investors expect a better market in 2024

Housing Wire

The risky operating environment has been marked by volatile, high interest rates (with 30-year fixed rates now hovering around 7%), high financing costs and moderating rental rates as an influx of multifamily rental properties continues to come online across the country.

Investors 482
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Rent growth to slow further in 2024 as more inventory arrives

Housing Wire

About 900,000 units are currently under construction , and 440,000 new units are expected to be completed in 2024, according to the report. Construction completions have already peaked in Chicago, Washington, D.C. For investors, single-family rentals have emerged as a better hedge against slowing rents than apartments in 2023.

Inventory 482
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Expert Insights: Differentiating Yourself From the Competition

Appraisal Buzz

Michael Gevurtz is an entrepreneur and investor in the real estate and finance industries. He is the CEO and Founder of Bluebird Lending, a national private lender servicing real estate developers and investors with an array of loan products to acquire, construct, and refinance residential and multifamily properties.

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Voices of Velocity 2025: Keith Stone

Appraisal Buzz

Keith Stone is a Dallas, Texas-based Realtor and Investor with the Keith Stone Real Estate Group. He is a multi-million-dollar-producing real estate professional who has spent 17 years in the construction management industry, and now pursues his passion for real estate full-time.

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Investor Insights: How to Thrive in CRE Amid Challenging Market Conditions

Appraisal Buzz

Let me explain — in 2021-2022, many investors purchased properties at high prices, using 2 and 3-year bridge loans. When their 2 – 3 year loans come due, they will have to refinance or sell their properties in an environment where capital is scarce and expensive (if available at all). Some will make it.

Investors 195
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Useful Solutions for SFR Market Concerns

Appraisal Buzz

Education continued Wednesday for attendees of the 2024 Five Star Conference at the Omni Hotel in Dallas, as investors, service providers, and subject-matter experts took part in the Single-Family Rental Roundtable discussion. Welcome Remarks were presented by Single-Family Rental Roundtable host, Kelly Brooks , CEO of Property Masters.

Marketing 221