901RES Newsletter – December 2024
How Tech Can Attract The Best Tenants 901RES keeps on top of tech trends to keep finding and renting a home easy, especially for those relocating to Memphis Modern tenants are tech-savvy and adept at searching for the best deals online. They recognize their value as ideal renters and expect professional property management that matches […]
901RES Newsletter – November 2024
Rental Trends For 2025 Zillow’s annual report on renter preferences and the market in general offers a sneak peek into the coming year The Post-Pandemic New Normal Nationally, rent rates have cooled, and even trended negative in certain markets. Nearly a third of rentals are offering some type of rent concession, which has been the trend […]
901RES Newsletter – August 2024
Memphis Rental Market Updates While many cities in the US have continued to see a strong rental market, other cities (like Memphis) are cooling down. Increased Supply Causing Drops in Rents According to Berkadia’s Q1 2024 Multi-Family report, the Downtown/Midtown Memphis submarket alone has 4,723 units under lease-up, construction, or planned. This oversaturation of available rentals has not […]