April 10th, 2020 This week we have updates on items in the news, rent collection, and leasing. If you know someone who would benefit from this, feel free to forward it and they can subscribe using this link. SUBSCRIBE In the News Stay Home, Stay Safe Orders Extended Both Utah Governor Herbert and Salt Lake County Mayor extended their Stay at Home Directive. Statewide through April 30th and Salt Lake County through May 1st. Nothing else was modified with the order which means real estate and property management will continue as essential businesses to operate. Read More Here Other Acts & Orders Currently in Place The CARES Act as well as the state Orders put in place by Gov. Herbert remain in effect. For details, please view last week's update email or get access to them HERE .

Delinquency & Leasing Updates

Rent Collection Report

As of today, 92% of our residents have paid their rent. Usually by this time 98% of our tenants have paid. Although this is lower than usual, this is good news,  as it's been reported that nearly one in four Americans failed to make their April payment within the first week of the month ( View Story ).

Leasing Activity

We had an uptick in leasing activity from the previous week. +8% in number of tenant leads +38% in the number of showings As always, people are still needing places to live and although things are slowing slightly in the sales market, the rental market is still strong.

Have Questions or Concerns? We're Here to Help Whether you're a current client or not, Ryland has freed up her calendar and is available to connect with anyone looking for help or guidance during this time.

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