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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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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.

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Roofstock buys Great Jones platform to help investors profit on their real estate

Housing Wire

Roofstock , a proptech startup aimed at making it easier to purchase an income-producing property, announced Wednesday its acquisition of Great Jones , a property management platform that Roofstock intends to utilize for its “end-to-end single-family rental platform.” markets. .”

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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 481
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How smart home technology increases property value in a challenging market

Housing Wire

The call for smart home technology is coming from inside the house, as it were — but during times of economic pressure, how can investors and property managers justify the effort and expense of upgrading their communities? How does smart home technology benefit investors? Why smart home technology now?

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Rental portal Zumper launches ’Zoe’ AI assistant

Housing Wire

“We want to harness AI to empower both property managers and renters in a whole new way,” Zumper co-founder and CEO Anthemos Georgiades said in a statement. Property managers should expect to receive far better informed and quality Zumper leads when Zoe passes them across.”

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Former rivals become partners as Mynd merges with Roofstock 

Housing Wire

Both firms guide real estate investors in buying, selling and managing single-family rental (SFR) homes across the country. The unified platform will offer real estate investors robust technology, deep data insights and a property management system specifically designed for SFRs.