05/20/2026
The housing market has made some changes in the past few years so it is important to go about purchasing and managing them in the right way.
As we are getting into peak leasing season, we always recommend that a homeowner renew the lease with good tenants, even if it's slightly below market rate. The costs of a turnover (no rent during vacancy and additional costs from maintenance) are usually not worth the minimal increase they would have made per month at market rate.
And for new rental properties on the market right now, curb appeal and upkeep is especially important. Tenants want to have a sense of pride in their home.
The aggressive real estate sales and rental market of the post-pandemic era has cooled significantly, leaving many landlords and investors grappling with a reality that no longer mirrors the "gold rush" of recent years.