Apartment Watch
Things to watch, what to know, in your apartment operation
Multifamily construction spending trends lower
The Census Bureau’s report on construction spending said that the value of multifamily residential construction put in place in March was down 0.61 percent...
Construction jobs market cools in March
The Job Openings and Labor Turnover (JOLT) report from the Bureau of Labor Statistics (BLS) said that the number of job openings in March...
Renter households on the rise
The Census Bureau released its quarterly report on home ownership and occupancy for Q1 2024. It stated that the rental housing vacancy rate was...
Multifamily property prices down again in March
CoStar reported that its value-weighted index of multifamily property prices fell 1.0 percent month-over-month in March, the seventh decline in a row. This index...
Class A apartments in high-supply markets outpace Class B on year-over-year rent growth
Although it might defy conventional wisdom, Class A apartments in high-supply markets are outperforming upper tier Class B assets on year-over-year rent...
The sun will heat it
As I have shared before, I grew up in a rural part of California in a farmhouse built in 1913 which was surrounded by...
Studying commercial to residential conversions
The Multifamily Economic and Market Commentary for April from Fannie Mae focused on the conversion of commercial property to residential uses. It looked at...
Fannie Mae sees lower multifamily starts as inflation persists
Fannie Mae’s April economic forecast calls for multifamily housing starts to decline modestly through the end of 2025. Single-family housing starts are expected to...
MSCI: Multifamily property prices continue to fall
The latest commercial property price report from MSCI Real Capital Analytics said that multifamily property prices in March fell 0.9 percent from their level...
Remembering Earth Day
I know, when people think of U.S. presidents who made significant impacts on the environment, we think of Teddy Roosevelt and the founding of...
Apartment supply from both sides – deliveries and starts
Multifamily analysts take a look at apartment supply from both sides, predicting the market will work through its current supply overhang by...
March is a down month for multifamily housing construction
The Census Bureau’s new residential construction report for March showed multifamily permits were flat for the month, and that was the relative bright spot....
