Have you ever wondered how to gauge the vacancy rate of a particular market? Further, have you ever wondered what the vacancy rates are based on the type of property you invest in? Well, you are in luck if you are investing in the Treasure Valley! Each quarter the NARPM Southwest Idaho Chapter conducts a vacancy survey with data sourced from local property management companies! The Southwest … [Continue reading]
The Southwest Idaho Chapter of the NARPM(National Association of Residential Property Managers) has released its findings from the 2022 Q1 Vacancy and Rental Trends survey. The report is as of March 31, 2022. This survey tracks key performance indicators and market trends for single and multi-family homes in the Ada and Canyon County region. There are a total of 10,352 units managed between the … [Continue reading]
What exactly are NARPM Designations? Some states require property managers to have their real estate license, some don't. Regardless, most property managers choose to go beyond that license and get certifications specializing in the property management field. It's imperative to make sure your Property Manager has some credentials when choosing who helps manage your property. You will find that … [Continue reading]
The National Association of Residential Property Managers (NARPM) Q3 reports show the vacancy and rental rate trends amongst single-family homes and multi-family units in the Ada and Canyon County area. The NARPM collected data indicates vacancy rates increased .33% from 4.3% in the second quarter of 2020 to 4.63% in the third. Ada County increased by .41%, and Canyon County also showed an … [Continue reading]
This quarters NARPM survey was published a little later than expected but the numbers are in and they are interesting. This year has been curious to say the least and housing is just one area that has been affected by this years pandemic. 19 property managers participated in this quarters survey of almost 7,700 single family and multi-family properties throughout our Treasure Valley. Take a look … [Continue reading]
Has your property manager received the official Residential Management Professional badge establishing them as being accomplished, qualified, educated & recommended? We have worked diligently to ensure we are meeting this highest standards within our professional industry. While there are companies out there that are not serving the community in their best interest, we operate every day with … [Continue reading]