Renter delinquency trends worsen in 2025
A new industry report on renter delinquency trends paints a starker picture of the multifamily sector in 2025 than was suggested here last month. Produced by J Turner Research in partnership with...
Construction materials prices higher despite lumber price decline
The producer price index (PPI) report from the Bureau of Labor Statistics (BLS) stated that construction materials prices rose 0.3 percent month-over-month in June on a seasonally adjusted basis. The index of components and...
Yardi Matrix: Rents continue slow rise in June
Yardi Matrix reported that the national average asking apartment rent was up $3 in June compared to the revised level of the month before at $1,749 per month. The national average year-over-year asking apartment rent growth...
With cash infusion, Entrata pursues AI opportunities
When Dave Bateman and Johnny Hanna submitted their business plan to a competition at BYU-Idaho in 2003, they had no idea their startup would one day be worth over $4 billion. But that’s exactly...
HUD requests your comments
On July 7, HUD published a notice in the Federal Register requesting further comment on its adoption of compliance with the 2021 International Energy Conservation Code (IECC) or the ASHRAE 90.1-2019 standards as requirements...
Multifamily CMBS special servicing rate moves lower in June
Trepp reported that the special servicing rate for multifamily commercial mortgage-backed securities (CMBS) loans fell in June. It has been generally trending lower since reaching a recent high in December 2024. However, the overall...
Positive outlook for multifamily sector
In a recent episode of the Walker Webcast, Willie Walker interviewed Dr. Peter Linneman on the current state of the U.S. economy and of the multifamily housing market. Their conversation drew on observations in...
New GSE credit scoring rules could shift multifamily demand
Fannie and Freddie’s adoption of alternative data use in credit scoring may expand mortgage access — and eventually thin the renter pool.
In a move that could eventually reshape renter demand, government-sponsored enterprises...
Amenity fees and resident demand for technology
The multifamily housing sector is experiencing intensified competition, largely due to a wave of new construction projects initiated during the COVID-19 pandemic. As these new properties enter the market, existing properties are compelled to...
Applications for Best in American Living Awards now being accepted
Since 1990, the National Association of Homebuilders (NAHB) has sponsored the Pillars of the Industry Awards to recognize excellence in apartment and condominium design and development, interior merchandising and superior property management and marketing. The Pillars...
Superwood promises greener cities
InventWood’s “Superwood,” a new engineered material touted as stronger than steel and lighter than aluminum, is drawing attention from environmentalists and investors alike. The product, created by modifying natural wood at the cellular level,...
Choose window coverings for efficiency
Growing up in California’s central valley meant arid, hot summers. My maternal grandparents did not have air conditioning. When I was around five years old, I hated going to their house. Not because the...
Bread, circuses, rent control
People are naturally drawn to free stuff for emotional reasons with deep neurological roots. Free triggers the brain’s reward system releasing dopamine and creating a sense of excitement.
What’s in it for the giver relies...
California CEQA reform removes barriers to housing development
The state of California is finally addressing one of the biggest barriers to housing development through much-anticipated CEQA reform. The misuse of the California Environmental Quality Act (CEQA), which rental housing economist...
Rise in multifamily employment outpaces national gains
The Employment Situation Report from the Bureau of Labor Statistics (BLS) stated employment grew in June, but many of the jobs added were in government, health care and social assistance. The employment levels for...
