January 2021 JWB Property Management Statistics

January 25, 2021

Happy New Year to our clients, residents, staff, friends, family and our entire JWB network! 2020 certainly was a year like no other. Every month, we like to share our newsletter, the Cashflow Digest where we include insights, trends and an update on our current property management statistics.

 

Here are a few of the highlights:

A Look Back at COVID in 2020 and the Impact as we Look into 2021

  • Many investors and analysts agree that single-family rental properties, particularly those located in the southeast region of the US, have performed as well or better than most investing alternatives.
  • JWB’s Rent Collection & Eviction Rates remain strong

Jacksonville Home Prices on the Rise

  • Home prices have risen 11.7% from
    October 2019 to October 2020
  • Incredibly low supply and high demand fueled by historically low interest rates and high net migration to the southeast due to the pandemic has been the main factor.

Current Properties Under Management

Total Rented Houses in 2020

Average Duration of Leases Signed in 2020

% of Leases Re-Signed in 2020

Current Occupancy %

By Gregg Cohen

I am a co-founder at JWB Real Estate Capital, and I love to talk about investing in rental properties! You’ll often find me here contributing to our blog and in our Facebook group connecting with the community & sharing insights.

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