Residential construction spending rises in April
The Census Bureau’s report on construction spending shows that spending on residential construction put in place in April was up 1.0 percent from the revised level for March. Overall construction spending was up 0.2...
Metro Denver rents decrease in the third quarter
Average rents in Denver fell by $19 per month in the third quarter of 2018, continuing a three-year trend in rent decreases during the third quarter, according to the Denver Metro Area Apartment Vacancy...
Housing starts rise in August amid ongoing affordability concerns
Total housing starts increased 9.2 percent in August to a seasonally adjusted annual rate of 1.28 million units, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department.
The August...
Skyrocketing lumber prices add nearly $36,000 to new home prices
Soaring lumber prices that have tripled over the past 12 months have caused the price of an average new single-family home to increase by $35,872, according to new analysis by the National Association of Home Builders (NAHB)....
HUD awards $144 million to revitalize five neighborhoods
U.S. Housing and Urban Development (HUD) Secretary Ben Carson today announced five communities across the country will receive a combined $144 million to redevelop severely distressed public or assisted housing and to revitalize surrounding...
Cool ROI through property maintenance
One of the most overlooked aspects of property management is maintenance. The maintenance team is on the front lines of the community, interacting with and satisfying residents, and saving money by extending the life...
Most Americans cite a housing affordability crisis nationwide and close to home
Nearly three out of four American households believe that the nation is suffering a housing affordability crisis, and a majority of respondents reported this is a problem at their local and state level as well, according to...
Gebroe-Hammer Associates: Owners are seizing the state of multifamily’s bull market to sell apartment...
At a time when Union County, N.J., multifamily property owners are commanding higher concession-free rents than in the past, a flurry of long-term owners are “seizing the state of the bull market” to shed...
HUD announces winners of 2018 Healthy Homes Awards
The U.S. Department of Housing and Urban Development (HUD) and the National Environmental Health Association (NEHA) are pleased to announce the winners of the 2018 HUD Secretary’s Award for Healthy Homes, an award recognizing...
