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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 …
The U.S. rental market continues to transition following the initial outbreak of the pandemic. The mass exodus from the expensive metropolitan cities in 2020, and people seeking larger spaces and more affordable monthly rents, caused an upheaval in the housing market. During that time, rental rates in traditionally expensive cities such as San Francisco, New York, and Boston drastically fell …
The impact of the pandemic disrupted the rental market turning the most expensive and highly occupied cities into high vacancy locations experiencing rapid rent decreases. What can we expect in 2021? PorchLight prepared this report based on insights gathered through real estate investment firms, apartment data resources, rental and real estate sites and first-hand experience supporting renters, across North America, …
How many of your transferees secure leases as a result of the service your company authorizes? Jack Jampel of Stryker knows. He uses PorchLight, and the ROI is at his fingertips. With over 60% of transferees renting at their destination, this interview reveals the superior service PorchLight provides to renters moving anywhere throughout North America. Find out how measuring relocation …
What words would you use to describe PorchLight? D. Garcia, with Stryker chose: The PorchLight team has been nothing short of phenomenal in aiding me to find a great rental unit that suited my needs. The rental agent I specifically worked with, Mariam, based in the San Jose, CA region, was such a great help and extremely flexible with me …
For the third consecutive year, PorchLight Rental & Destination Services was named Supplier of the Year by MoveCenter. MoveCenter launched this annual award as a platform to celebrate the ‘behind-the-scenes’ companies that are the lifeblood of any successful relocation. “Founded in 1963, MoveCenter is a global Relocation Management Company that offers a full range of employee relocation and assignment management …
PorchLight Rental & Destination Services streamlines its revolutionary online solution for renters receiving lump-sum funds for their rental finding with the newly enhanced – InsideTRAK: First in Everything Renter. PorchLight clients can now offer renters, who are receiving a lump sum, access to an online resource providing expert guidance and access to local rental experts to facilitate a rental search. …
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