Agency Changes; Self-Employed Borrowers; Wells Layoffs; Training and Events

By Rob Chrisman

Posted To: Pipeline Press

“ADT Security left a business card in my door. Their marketing would be much more effective if I found it inside my house.” As I continue my time at the MBA and STRATMOR Peer Group Roundtables, learning what is effective, the increase in rents is of great interest to lenders, big and small. Zelman and Associates’ Single Family Rental Survey indicated that in January, tenant turnover was lower than normal and renter demand moderated year over year, with pricing power and occupancy still strong. Overall rent growth accelerated YoY to 3.2% (renewal growth increasing 2.9% and new move-in growth increasing 3.8%). Leasing speeds recently were better than expected and demand was strongest in the Arizona, Texas, and California markets. Vacant rental supply fell slightly in January and leasable occupancy…(read more)

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