According to the 2017 NMHC/Kingsley Associates Renter Preferences Report, 65 percent of respondents said they would be interested in a community with sustainability/green initiatives, and 78 percent said they’d be interested in a community with Energy Star-certified appliances.
National resident satisfaction hit a four-year high in the first quarter of 2018, with 77.0% of residents reporting they were satisfied overall with their renting experience.
The apartment sector continued its strong economic run last year, reflected in the National Multifamily Housing Council’s (NMHC) and Kingsley Associates’ newly released 2018 NMHC 50—the authoritative ranking of the nation’s largest apartment owners, manager, developers, builders and syndicators.
Over the past three years, national renter satisfaction has remained steady, with the rate fluctuating between 76.6% and 76.8%. However, for the first time since the end of 2014, renter satisfaction has surpassed that line, climbing to a high of 76.9% in Q4 2017.
Home-buying and -selling may be the most profitable segments of the real estate industry, but the rental market is the underlying factor that helps new agents build their initial contact database, which in most cases turns into buyer business. Rentals, however, are not what they used to be. In an…