50 Neighborhoods. Zero Open Houses.

Finding “home” is not for the weak-hearted these days. And it seems there is no end in sight. Add in skyrocketing prices, interest rates, reluctant sellers, stressed buyers, whew – renting is becoming not just an option but a necessity. Snacks Digestible Financial News breaks it down for us at Snacks but remember you are not alone with PorchLight. Two …

“Our move wouldn’t have been possible without PorchLight”

It was wonderful to hear from Gene Isaacs again. Just like it was to reminisce with Larry Gersch. After two decades of service, PorchLight has been lucky enough to work with thousands of incredible people. If you missed Gene’s or Larry’s comments, no worries (Under Served, Not Underserved). If you want to hear more from those who helped us reach …

Struggling to find a quality, practical, effective solution for lump sum mobile employees who rent?

This post addresses what PorchLight’s research revealed and what our experience confirms. It’s true that when mobile employees receive a lump sum relocation package they are cautious about spending the money. Research reveals, it’s not because they don’t see value or need help; it’s because they fear coming out of pocket for their move. They’re embarrassed and disgruntled if their …

Dents in Rents?

So many headlines lately discussing rental declines. June 13, 2023 post from Norada Real Estate Investments asked “Will the Rental Market Crash in 2023?” Realtor.com headlined with “Least Expensive Metros See Faster Rent Growth.”   Does anyone have a crystal ball for rental futures?  PorchLight’s research on rental trends accurately informed our clients of what to expect in the rental …

Honing Our “KRAFT”

Hello again from Diane and welcome back to PorchLight’s new 5-minuteish communications that hopefully leaves you informed and inspired. As the industry leader in everything rental for decades — two decades this year to be exact — we wanted to move forward with info that educates and motivates us all to do better and be better. Join us in 2023 …

Market Spotlight

OUTCOME VS. HOURS Most U.S. domestic relocation policies provide for 1 day of service for renters. Destination service companies, serving renters, have modeled services after these policies and when the service day is over, the service is done. Survey feedback reveals that customers question the “time spent” or where the time went because they don’t see or realize the time …

What can we expect for 2023?

After a year of 17.6% rent increases in 2021, American renters saw rental rates begin to slow in 2022. According to realtor.com: Rents are still higher than they were a year ago, but the gains are shrinking, as landlords lose pricing power in the face of inflation. Rents in October, 2022, rose 4.7% compared with October 2021, the slowest annual …

First & Foremost

Hello from Diane and welcome to PorchLight’s new 5 minuteish communications that hopefully leaves you informed and inspired. As the industry leader in everything rental for decades, we wanted to move forward with info that educates and motivates us all to do better and be better. Or the very least, makes you smile. Let’s get started.   Diane Ayres, President, …

THE STRUGGLE IS REAL…but we can help.

2022 Relocation Question: What’s the minimum for a 2-bed rental, and the probability of a one-bed under $5000? 2022 PorchLight Rental Answer: Two beds under $6500 a challenge; one bed we can find lower than 5k. After falling to record lows during the peak of the Covid pandemic, New York City June rents have flipflopped – now reaching record highs, …