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Prospective renters are still out there shopping for their next home. And while they understand some of the limitations of leasing in the COVID era, they still expect onsite associates to bring their A game and deliver a high level of customer service.
More than 26 million people have filed for unemployment in the five weeks since cities and state began to order non-essential businesses to close. Millions of apartment renters across the U.S. have lost jobs and income in the economic crisis caused by the spread of the novel coronavirus.…
Our data indicates that for the week ending on April 22, traffic was down 55% nationally from the same time last year. However, it was up 21% on a week-over-week basis. Meanwhile, the average U.S. apartment community signed 2.1 leases during the seven days ending on April 22.