Doug Bibby responds to killing of George Floyd and continuing racial inequities
Statement by NMHC President Doug Bibby on the killing of George Floyd, Ahmaud Arbery and Breonna Taylor, and continuing racial inequities:
The tragic killing of George Floyd, as well as Ahmaud Arbery and Breonna Taylor,...
Building more luxury apartments lowers rent for all classes
One of ten unintended consequences of rent control, according to the National Apartment Association, is that it reduces developers’ incentives to build new rental housing. Rent control has proven to backfire on...
Best properties and PMCs by reputation
Online reputation management company, Reputation.com, has analyzed its database of 3 million customer reviews of more than 70,000 multifamily properties to compile a list of the best properties and best property management companies.
How good...
Residential construction spending shifts to improvements
The Census Bureau’s report on construction spending shows that the value of multifamily residential construction put in place in September was up 0.3 percent month-over-month. Spending on single-family fell, with spending on improvements rising...
Fastest home building activity continues in suburban, exurban communities
Residential construction continued to shift toward the suburbs and lower-cost markets, and this trend is especially pronounced within the multifamily sector, according to the latest Home Building Geography Index (HBGI) released by the National Association of Home Builders...
NAA celebrates National Apartment Housing Month
The National Apartment Association is celebrating National Apartment Housing Month this April as well as Residential Property Management (RPM) Careers Month.
Join NAA, its members, affiliates and supplier partners across the country as we celebrate...
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)....
Growing demand and construction costs lead universities to get creative
Quality student housing and other amenities have proven to be key considerations for attracting and retaining top students at colleges and universities. As the cost of construction and need for financial subsidies both increase,...
Housing Supply and Affordability Act introduced in US Senate
Senator Amy Klobuchar (D-Minn.) introduced a bill March 23 that would provide funding to support the development and implementation of local plans to increase the supply of housing. This bill is designated SB902. It...
Fannie Mae introduces sponsor-initiated affordability incentives for multifamily borrowers
Fannie Mae announced that it is offering Sponsor-Initiated Affordability (SIA) incentives for multifamily borrowers through its network of Delegated Underwriting and Servicing (DUS) lenders to lead the market in addressing the nation's shortage of...
Response to reinstatement of 2013 version of Disparate Impact Regulation
Statement from the National Apartment Association (NAA) and the National Multifamily Housing Council (NMHC) on the U.S. Department of Housing and Urban Development (HUD) reinstating a 2013 version of disparate impact regulation:
“NAA and NMHC...
September job openings reported higher
The Job Openings and Labor Turnover (JOLT) report from the Bureau of Labor Statistics (BLS) said that the number of job openings in September was 9.55 million. This was reported to be up 55,000...
Google faces antitrust lawsuit
Warm weather regularly signals the time to move for many marked by a precipitous increase in Google searches for apartments. There were over 6 million searches for the word apartment nationally in May 2022...
Job openings set a record in April
The Bureau of Labor Statistics (BLS) recently released the Job Openings and Labor Turnover (JOLT) report for April. In addition to setting a series record for the highest number of job opening, this report also saw...
Rental housing law in Colorado
Nexus Commercial Realty recently presented a webinar outlining legislation being considered which affects multifamily housing. While the focus of the webinar was on legislation pending in Colorado, many of the issues being discussed there...