2023 Rental Market Review from Johnson Property Management LLC
November 2023 Market and Technology Update
*SNAP SNAP SNAP*
We were thrilled to chat with Andrew Johnson from Johnson Property Management about his experience with our app, SnapSnapSnap, and how the company has incorporated it into their workflow for quickly and easily capturing stunning listing photos.
The reviews are in!
“We instantly signed up for it. It was a no-brainer.”
That’s what property manager and licensed realtor Andrew Johnson said when we asked about his first impressions of our photography app, SnapSnapSnap.
His team has been using SnapSnapSnap since April and has found success in utilizing its innovative point, shoot, and edit technology to achieve consistent and polished images for their rental listings. Read more
October 2023 Technology Update
September 2023 Market Update
August 2023 Market Update
While the housing bubble hasn’t burst, there has been a slight leak.
The Treasure Valley housing market is currently experiencing a slight slowdown with some price adjustments. While the national housing market has seen a decline in prices since mid-2022 due to high interest rates, a sudden and drastic crash is unlikely based on the current market conditions. Read more
The Importance of Good Google Reviews
In today’s digital age, online reviews play a crucial role in shaping consumers’ decisions, and this holds true for the property management industry as well. Property management companies often face challenges, one of which is dealing with negative reviews from tenants who may be dissatisfied when asked to adhere to the terms of their signed agreement. However, despite this hurdle, positive Google reviews hold immense value for property management companies, and here’s why:
June 2023 Market Update
As we step into the heart of the summer, the Treasure Valley rental property market has been bustling with activity, offering both opportunities and challenges for property owners and managers. June proved to be an extraordinary month for “affordable” property rentals in the Treasure Valley. We experienced an impressive surge in rental demand for properties priced at $1,500 per month or less. Comparing the numbers to previous years, June 2023 saw a significant increase in the number of “affordable” properties rented, surpassing all records for this month. The rising appeal of the Treasure Valley, fueled by its vibrant communities and thriving economy, has undoubtedly contributed to this unprecedented rental demand. Read more
Amenity Package Upgrades
Pinata rewards: We are happy to announce that we have recently partnered with the best in class renters rewards provider, Pinata! All of our residents are now able to earn rewards with on-time rent payments that can be used in many major retailers. This is a value addition that is being added to our amenity package at no additional cost to you. If you are currently paying for the monthly amenity package, all you need to do is download the Pinata app and create an account with your email address that Johnson Property Management has on record for you! A QR code for the app download is on the flyer attached to this email, or can be downloaded from their website located at https://www.pinata.ai. In the future, JPM has plans to roll out various incentive programs through Pinata, that you can participate in to earn additional Pinata cash. We sincerely hope that you all take advantage of this offering to further realize value in our amenity services package. Read more