Research reveals that the U.S. rental market remains strong due to families and individuals choosing to rent homes rather than purchasing their own.
In a tight real estate market like we have experienced for over the past two years, high demand for rentals puts extra pressure on an assignee. Even astute, resourceful folks who find several good options prior to the tour day are likely to find them already rented. By scheduling an accompanied tour, the assignee can rely on the local real estate expert to pay close attention to the availability of rentals so that their search is more efficient.
A recent study about new directions in our driving preferences states how millennials are leading a trend to driving less. But really, it’s not about what they don’t want that’s most interesting, it’s about what they do want: walkable communities.
The relocation industry looks vastly different today than it did in 2007. In the past, more than 60 percent of relocating employees were homeowners; today, more than 70 percent of relocating employees are renters. In fact, executives and their families are driving growth in single-family home rentals. With this shift, corporate relocation policies are changing, impacting how HR professionals support employees in transition.
You’re adjusting to your new environment, with a new office space and new systems and procedures to deal with or create. Relocating to a temporary office space and arranging office furniture rental can be very challenging, especially if it also means moving to a new city.