Leveraging an Online Payment Platform to Mitigate Risk

Leveraging an Online Payment Platform to Mitigate Risk

The game has changed in the last decade on taking payments. Many of today’s laws govern the exchange of money from an individual or business to another were written in a walk-in business community, the days when consumers and businesses made payments directly to companies from which they purchased goods in retail locations or offices.[]

Smart Furniture: The Future of Apartment Furnishing

Healthy lifestyles and smaller living quarters have stimulated interest in the last decade to market furniture or equipment that interacts with users or has dual functionality or both. Few may remember much about 1984, but that was the year that a Chrysler salesman had to be pretty pumped. Rolling off the assembly line were the first[]

Customer Experience

3 Tips for Responding to a Failed Customer Experience This Summer

Spring has sprung, and summer is quickly approaching. It is a busy time of year when free shipping deals erupt, summer promotions explode, and retailers see a positive swing in the volume of customer interactions—online and face-to-face. Regardless of the chaos, retailers love each and every rush because they represent a huge percentage of their[]

Between Generations, Housing Preferences Have Evolved

Over the previous few blog posts, the economic factors that are likely causing Generation Y’s lowered propensity to purchase homes was discussed. Declining incomes, higher costs of living, the unavailability of affordable homes and tighter mortgage qualifications all present significant obstacles to young adults’ ability to buy a home. Those were contrary to the majority[]

Electric Safety Month

10 Tips for Maintaining Electrical Safety at your Rental Homes

Electricity that provides the necessary power to make a house feel like a home is a necessary convenience today. It consumes its fair share of the energy that it takes to operate your properties. Because a growing number of appliances are used in today’s homes, more electricity is being consumed, says the Electrical Safety Foundation[]

Qualified Millennials Find Affordable Homes in Short Supply

A previous post, “Millennials Face Unprecedented Economic Hurdles to Home Ownership,” outlined some of the most pertinent economic constraints facing the Millennial generation with regards to home purchase. Declining incomes, higher costs of living and an increasing cost of homes present significant obstacles to young adults’ ability to buy a home. Another obstacle for would-be[]

Millennials Face Unprecedented Economic Hurdles to Home Ownership

A previous post, “For Millennials, Low Ownership Rates Weigh on Household Formation,” showed a lack of participation in the housing market among young adults in the Millennial generation. As a percentage of the population, Generation Y isn’t renting more than young adults in the previous generation. Instead, they are buying fewer homes. The reason for[]

For Millennials, Low Ownership Rates Weigh on Household Formation

The Millennial generation is frequently a topic of discussion in the real estate industry along with almost every other. While fascination in any cohort that is emerging into adulthood is a recurring theme in modern history, the immense size of the Millennial population has heightened anticipation of their entrance into the housing market. However, the[]

Apartment Resident Turnover

What Factors Correlate with Apartment Resident Turnover?

What do a metro’s median age and economic strength have to do with apartment renter turnover? It turns out, the connection is strong. It also turns out that household income, Millennial population and rent growth have very little to do with lease renewal conversion. MPF Research recently covered the metro areas with the highest and[]

It’s a Data-Driven World: Apartment Industry Marketing Trends

2015 AIM Conference Recap Leave it to apartment industry marketers to find levity at any conference. May’s Apartment Internet Marketing (AIM) conference in Huntington Beach, Calif., was no exception. Co-founder of dating website OkCupid, Christian Rudder, entertained the group during his keynote on how he uses data to cultivate his site, and some front-office “PenFu”[]

Jacksonville - Labor Market

The Labor Turnover Metric Can Have Major Implications for the Apartment Market

Labor market data is historically complicated to analyze. First of all, monthly employment data from the Bureau of Labor Statistics comes from two different surveys whose results don’t always line up. Second, similar to most economic data points, the employment results are subject to revision, which can have a dramatic impact on the final result.[]

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