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The 2024 Benchmark Report: In an Emerging Renters’ Market, Property Management Professionals Still Expect Growth

App Folio

The 2024 AppFolio Property Manager Benchmark Report shows a shift in priorities, with a sharper focus on improving the resident experience, leveraging AI for efficiency, and a greater emphasis on cybersecurity. All of this comes with optimism for business growth. Here’s a peek at what you’ll find in the full report.

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Yardi’s rent-setting software illegally drove rent prices up for millions of renters: lawsuit

Housing Wire

A renter in Seattle last week filed an antitrust class action lawsuit against 18 property management companies, along with property management company software Yardi Systems Inc., Overall, the rate of rent growth has fallen back toward historical norms after nearly two years of historically high growth.

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Announcing HousingWire’s 2024 Finance Leaders

Housing Wire

. “Even the best business operators, innovators and entrepreneurs have no chance at winning or growing without creative, diligent and strategic financial management and execution,” said Clayton Collins, CEO of HW Media. They navigate capital markets, execute strategic growth initiatives and facilitate accretive M&A deals.

Finance 441
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The current REO market requires an expansion of services for business growth

Housing Wire

Growing and changing is vital to expand your services and business growth so that you can tailor services in REO. Balancing supply and demand is a delicate dance between new construction and existing properties. HW: What are the risk management challenges for REO assets? territories.

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Financial services firm Consolidated Analytics acquires Real Info

Housing Wire

a provider of property data and valuation technology solutions. The Santa Ana, California-based financial services company provides solutions including due diligence services, property valuations, mortgage fulfillment and consulting and advisory services. Financial services firm Consolidated Analytics acquired Real Info, Inc. —

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Key housing markets are starting to buck national trends: Redfin

Housing Wire

Cape Coral, Florida, led the way in this category with supply growth of 51%. Major markets such as Tampa, Orlando and Dallas also posted supply growth of 20% to 30% during this period. year over year in March, although growth in listings is expected to subside due to the lock-in effect of higher mortgage rates.

Marketing 431
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Corcoran launches first franchise in Oregon

Housing Wire

“The experienced team behind Corcoran Prime provides a foundation that is poised for both growth and success when paired with Corcoran’s innovative tools, iconic branding, and world-class support systems.” ” Corcoran Prime, previously known as The Agency Inc. Realtors , was founded in 2014 by Jackson and Matt Lesher.

Brokerage 431