July 2026 - Real Estate Market Update

Send us Fan MailWe break down the July 2026 multifamily market update using CoStar and Apartments.com data, with a clear takeaway: the market stabilizes while operators still fight for real revenue. We walk through what elevated vacancy, widespread concessions, and weak rent growth mean for underwriting and day-to-day operations.• supply wave slowing after the 2024 delivery peak• vacancy staying above 8% as absorption cools• concessions becoming common and masking true economic rent• tracking advertised rent vs effective rent vs net collected revenue• rent growth hovering under 1% and why that changes deal math• market-by-market divergence and why local supply matters most• lower priced properties outperforming higher-end product• execution focus: occupancy, collections, retention, expense control• operational discipline: control turns, underwrite flat, know the submarket• mindset shift from appreciation to operations Support the showFREE — The 30-Day Operator Reset: 5 moves to start treating your rental portfolio like a business. Yours when you join my weekly Landlord to Operator newsletter: https://signal.elitestrategiesconsulting.com/?utm_source=podcast&utm_medium=description&utm_campaign=operator-resetOwn rentals and ready to operate? Apply to the private community: https://signal.elitestrategiesconsulting.com/apply?utm_source=podcast&utm_medium=description&utm_campaign=community-applyLive masterclasses (Pennsylvania & Florida): https://event.elitestrategiesconsulting.com/