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First Rate Property Management Blog

Q3 SW Idaho NARPM Vacancy Report 2021

Blog Post Q3 SW Idaho NARPM Vacancy Report 2021
By Kat K. Friday, October 29, 2021
Closing out Q3 of 2021, vacancy reports from the National Association of Residential Property Management indicate the rates have increased to 3.3%. However, looking back at the 3rd quarter of 2020 to the 3rd quarter of 2021, rates have decreased overall by 1.22%. First Rate avera...
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How Rising Boise Rents Affect Renewal Rates for Tenants

Blog Post How Rising Boise Rents Affect Renewal Rates for Tenants
By Beny W. Thursday, September 30, 2021
Now that the busy rental season of summer is ending, I thought we’d take a look at how First Rate has navigated this unprecedented market, as well as explain the Who, What and Why of FRPM’s renewal strategy. Idaho has seen an average increase in rent of 25% over the l...
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Q2 NARPM Vacancy Report for the Treasure Valley

Blog Post Q2 NARPM Vacancy Report for the Treasure Valley
By Melissa Sharone Tuesday, August 3, 2021
The SW Idaho Chapter of NARPM just released their Q2 Vacancy report and the results are to be as expected in this hot market.  The vacancy is still very low considering the time of year and rents are still climbing.  The vacancy is still at a record low for this quarter...
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Q1 NARPM Vacancy Survey

Blog Post Q1 NARPM Vacancy Survey
By Melissa Sharone Tuesday, April 27, 2021
The SW Idaho Chapter of NARPM just released its1st quarter vacancy survey and the results are record breaking.  The data collected indicates that the trends in Ada & Canyon county vacancy rates have decreased by 3.47% from the 1st quarter of 2020 to the 1st quarter of 20...
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SW Idaho NARPM Vacancy Report Q4 2020

Blog Post SW Idaho NARPM Vacancy Report Q4 2020
By Kat K. Wednesday, January 27, 2021
Closing out 2020, Q4 Vacancy Reports from the National Association of Residential Property Management indicated the lowest vacancy rates that has been reported in over 15 years! As Idahoans continue to spend more time at home as a result of the lingering COVID-19 pandemic, low va...
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Boise Housing Market Continues to Break Records

Blog Post Boise Housing Market Continues to Break Records
By Kat K. Tuesday, December 15, 2020
As the Boise housing market continues to break records for high prices and low inventory, local renters who are on the quest for homeownership are finding it more and more difficult to make the transition. In August 2020, the average median home price in Boise reached $400,000 fo...
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SW Idaho NARPM Vacancy Report Q3 2020

Blog Post SW Idaho NARPM Vacancy Report Q3 2020
By Julie Tollifson Friday, October 23, 2020
View Report Here Quarter 3 Vacancy Report from the National Association of Residential Property Management indicated that Canyon and Ada County both had a slight increase in vacancy since quarter 2. Less than ½ a percent, but an increases none the less.  Of these vaca...
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Eviction Ban Moratorium - What You Need to Know

Blog Post Eviction Ban Moratorium - What You Need to Know
By Julie Tollifson Wednesday, September 9, 2020
On the 1st of September, the Center for disease Control and Prevention (CDC) issued a nationwide moratorium to protect individuals from eviction upon non-payment of rent until the end of 2020. This order went into effected in the Federal Register on Friday, September 4.Under the ...
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NARPM SW Idaho 2nd Quarter Vacancy Report

Blog Post NARPM SW Idaho 2nd Quarter Vacancy Report
By Julie Tollifson Friday, July 31, 2020
The National Association for Residential Property Management; SW Idaho Chapter to have a 4.14% Vacancy for Q2 of 2020. The industry has been stagnant since Q1. Similar to last quarter, landlords are wanting to be proactive and anticipate a potentially higher vacancy. In order to ...
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Maintenance by Season

Blog Post Maintenance by Season
By Lacey Hofman Monday, July 20, 2020
When looking at routine maintenance, proper planning can save time and energy. There are different projects a property manager or Landlord can focus on, depending on the time of year.  Planning and setting the expectations with the vendors prior to the work starting will hel...
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