Apartment watch

Things to watch, what to know, in your apartment operation

2022 multifamily outlook

Freddie looks ahead to 2022

Freddie Mac has released its 2022 Multifamily Outlook report. It predicts that 2022 will be another strong year for multifamily rental housing, both from an operational perspective and as an investment. Where we came from After...
CRE market

IRR assesses the state of the CRE market

Intergra Realty Resources (IRR) released its Viewpoint 2022 report on the CRE market. The report states that the economy has strong momentum going into 2022, but that the markets may not be adequately pricing...
construction materials

Construction materials prices continue their advance

The Bureau of Labor Statistics (BLS) released its producer price index report for December 2021. It showed that construction materials prices were up 1.5 percent in the month, seasonally adjusted. The index was 22.0...
rent growth leader tampa fl

Seasonality returns to rent growth

The latest rent report from Apartment List shows that the national average rent fell slightly in December, the only month-over-month rent decline in 2021. Nationally, rents fell 0.2 percent for the month while they...

Builder confidence edges lower on inflation concerns

Growing inflation concerns and ongoing supply chain disruptions snapped a four-month rise in builder sentiment even as consumer demand remains robust. Builder confidence in the market for newly built single-family homes moved one point lower to 83...
student housing dorm room

Student housing regains its shine

Yardi Matrix released their latest quarterly report covering the purpose-built student housing market. It shows that preleasing performance for fall 2021 and early preleasing for 2022 are running ahead of their paces in the...
residential construction jobs apartment operations jobs

Multifamily jobs decline in December

The latest Employment Situation Report from the Bureau of Labor Statistics stated that the numbers of both residential construction jobs and apartment operations jobs were down in December. Total employment growth disappoints The BLS reported that...
Governor hochul new york housing

Planning the future of New York housing

New York Governor Kathy Hochul’s State of the State report for 2020 identifies a number of goals and proposes several programs to improve access to housing in the state. The overarching goals defined in the...
multifamily outlook

CBRE gives 2022 multifamily outlook

CBRE recently released its 2022 U.S. Real Estate Market Outlook report. It forecasts that 2022 will be a very good year for the multifamily housing business. Economy on path to normal CBRE expects that the post-pandemic...
multifamily housing construction

Multifamily housing construction activity higher in November

The Census Bureau’s new residential construction report for November showed higher multifamily housing construction activity than in recent months in all three measures that we track. Multifamily housing permits edge higher The number of permits issued...
construction materials prices

Construction materials prices move higher

The Bureau of Labor Statistics (BLS) released its producer price index report for November 2021. It showed that construction components and materials prices were up 1.6 percent in the month, seasonally adjusted. The index...
multifamily property prices

Commercial property prices hit new high

New reports from CoStar and from Real Capital Analytics (RCA) state that commercial real estate prices reached an all-time high in November, with multifamily property prices showing strong year-over-year gains. Indexes defined The CoStar report focuses...

Remodeler sentiment continues to improve year-over-year

The National Association of Home Builders (NAHB) released its NAHB/Royal Building Products Remodeling Market Index (RMI) for the fourth quarter, posting a reading of 83, up four points from the fourth quarter of 2020. The finding is...
multifamily property prices

Multifamily property prices continue record rise

A new report from Real Capital Analytics (RCA) said that multifamily property prices rose 23.6 percent year-over-year In December.  This is the fourth month in a row where the annual increase in the apartment...

FHA expands real-estate owned property purchase opportunities for owner-occupant buyers

The Federal Housing Administration (FHA) on Thursday announced it is increasing its exclusive listing period on certain HUD single-family real-estate owned (REO) homes to allow more time for owner occupants, HUD-approved nonprofit organizations, and...
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