July 2023 Sales Velocity

I hope this email finds you in great spirits and that your long holiday weekend was nothing short of amazing! This month, we will look at sales velocity.  As expected, sales velocity fell off the cliff in the first quarter of 2023.  At the risk of coming across as Captain Obvious, I will share some […]

Read More

May 2023 Average Expenses

Last month we took a deep dive into effective rents along the MS Gulf Coast and the insane cost of insurance this year. In this update we will examine the average expenses by category, and as promised, we are adding south Alabama data to our report. Why is this critical?  Over half of the $2.9 […]

Read More

April 2023 Insurance

The number one issue facing apartment owners along the Gulf Coast right now is the rising cost of insurance. We are seeing renewal quotes ranging from $1,500 per unit to as high as $4,000 per unit depending on the age of the buildings and distance from the coast.  The problem is that so many insurance […]

Read More