RENTERS REJOICE

February 27, 2024 5 ways in 5 minutes to see why homeownership isn’t the only way to build wealth. Long gone are the days of the only path to building long-lasting wealth and stability residing in owning a home. With relentless home-buying obstacles like still-high inflation, interest rates, and low supply – renters can seek comfort in their rental journey …

Human Service vs Tech Service

A recent read in ROBOMOP was quite shocking. Tons of facts and figures about BIG name industry giants, like Amazon, testing humanoid robots. They dangle arms and legs. They never get tired. Profit margins will be noticeable, etc. BUT NOT A WORD ABOUT SERVICE. As we navigate these changing times and an employment world of uncertainty – literally and figuratively …

Follow the Leaders

Last year was special. PorchLight’s 20-year Anniversary. We had such fun reminiscing and revisiting what it took to hit this milestone. Thank you for coming along for the ride. 2024 we’d like to celebrate leadership: A big part of how those two decades happened. It is my pleasure to kick off our “Follow the Leaders” initiative with our very own …

Homeless But Not Hopeless

At PorchLight, sometimes we are asked to find the impossible. Our proven track record of working with our clients until a rental is secured has made us the most trusted name in rental and destination services throughout the U.S. and Canada. Recently, we needed to think out-of- the-norm and help those in desperate need. PorchLight, again, rose to the challenge: …

FINALLY, RENTAL JUNK FEE CRACKDOWN

Well, it’s about time. July marked the first step to cracking down on junk fees so many renters have been facing. Repeated rental application fees. Surprise convenience fees. The “who-knows-what-it’s-for” fees that appear during the rental process that for years renters have faced and just had to accept. The Biden-Harris Administration outlined concrete steps in their effort to create fee …

“UNDER-SERVED” NOT “UNDESERVED”

Wasn’t it great seeing and hearing from Larry Gersch again? Here at PorchLight, we sure enjoyed all your comments and know you too miss working with him, his smiling face, and unrelenting professionalism. Seems as if retirement suits him and he’s loving his hard-earned free time. If you missed Larry, no worries CLICK HERE. If you want to hear more …

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 …

U.S. Rental Trends for 2022

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 …

U.S. Rental Trends for 2021

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, …

An industry challenge rarely talked about.

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 …