Multifamily jobs up in December
The latest Employment Situation Report from the Bureau of Labor Statistics (BLS) stated that the numbers of both residential construction jobs and apartment operations jobs were both up for the month. However, this report...
Study shows April rent payments delayed
A study by the National Multifamily Housing Council (NMHC) using data provided by 5 leading property management software (PMS) providers found a 12-percentage point decrease in the share of apartment households that paid April...
Rents fall in December
The latest rent reports from Yardi Matrix and Apartment List continue to show declining rents for the country as-a-whole. However, they both also show wide variations in results between different metro areas.
Rent slide continues...
Four secrets to lowering your commercial insurance premiums
Based on the recent hurricane activities and other coastal disasters over the past couple years, it is no secret that an increase in 2018 insurance premium is coming. These disasters have also led to...
Multifamily builders and developers remain positive about the apartment and condo market as demand...
Confidence in the multifamily housing market remained positive in the first quarter of 2018, according to the Multifamily Production Index (MPI) and the Multifamily Vacancy Index (MVI) released today by the National Association of Home Builders (NAHB)....
California extends eviction moratorium
California Governor Newsom has signed into law Senate Bill 91 (SB-91), which extends the state’s eviction moratorium to June 30, 2021. The bill also creates the State Rental Assistance Program which will use funds...
Rising rents push Millennials to become homeowners
Forty-four percent of all respondents are looking for a three-bedroom home; 93 percent want at least two bathrooms
Twenty-three percent of millennials reported rising rent as a trigger for their purchase
More than...
Falling mortgage rates bolster Freddie Mac’s Apartment Investment Market Index in Q1
The Freddie Mac Multifamily Apartment Investment Market Index (AIMI®) rose by 2.4 percent in Q1 2019 as mortgage rates fell and net operating incomes (NOI) continued their decade-long rise. The annual change in the index remained negative...
Millennials leading the growth of new home buyers
As the housing industry celebrates New Homes Month in April, recent data from the Census Bureau confirms that millennials are increasingly entering the housing market as first-time buyers.
The homeownership rate of millennials--now at 36 percent--registered the largest...
HUD launches campaign to boost landlord acceptance of housing vouchers
U.S. Housing and Urban Development (HUD) Secretary Ben Carson today announced a Department-wide task force as part of a larger campaign to encourage more landlords to participate in the Housing Choice Voucher (HCV) Program....
Yardi Matrix reports rents rose in March
The latest rent report from Yardi Matrix sets a positive tone for rent growth for the country as-a-whole in 2021, with most markets returning to rent gains.
Rents rise again in March
Yardi Matrix reported that...
Senior living community reputations succeed or fail based on quality of their staff, J.D....
The key to winning the hearts and minds of senior living community residents and their families is ensuring the facility has a great staff that communicates clearly, knows personal details about residents and makes...
Single-family and multifamily growth solid but trended in opposite directions in last half of...
New findings from the National Association of Home Builders (NAHB) Home Building Geography Index (HBGI) show that the rate of year-over-year single-family growth in all small and large metro urban, suburban and rural regional...
NMHC and NAA respond to House’s passage of the YIMBY Act
Statement from the National Multifamily Housing Council (NMHC) and National Apartment Association (NAA) on the passage of the Yes in My Backyard (YIMBY) Act (H.R. 4351) by the House of Representatives:
NMHC and NAA are...
Housing starts rise 1.9 percent on multifamily surge
Gains in multifamily production pushed overall housing starts up 1.9 percent in March to a seasonally adjusted annual rate of 1.32 million units, according to newly released data from the U.S. Department of Housing and Urban Development...
