Thursday, May 2, 2024

Apartment watch

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

Rent delinquencies fall in latest Pulse Survey

The “Week 44” edition of the Census Bureau’s Pulse Survey has been released. It shows that the portion of renters who are behind on their rent payments dropped slightly since we last reported on...
new residential construction

Residential construction spending up in November

The Census Bureau’s report on residential construction spending for November shows a 2.7 percent increase from October’s level. Overall construction spending was up 0.9 percent for the month and was 3.8 percent higher than...
jobs data

Job openings remain high in February

The February Job Openings and Labor Turnover (JOLT) report from the Bureau of Labor Statistics (BLS) said that the number of job openings and separations were nearly unchanged for the month while hires were...

Multifamily employment grows in March

The latest Employment Situation Report from the Bureau of Labor Statistics stated that the number of residential construction jobs and of apartment operations jobs both rose for the month. Total employment grows The BLS reported that...
residential construction spending

Residential construction spending rises despite multifamily stall

The Census Bureau’s report on construction spending shows that the value of residential construction put in place in March was up 1.0 percent from the revised level of the month before. Residential construction spending...
multifamily jobs

Multifamily jobs numbers edge higher

The latest Employment Situation Report from the Bureau of Labor Statistics stated that the numbers of residential construction jobs and of apartment operations jobs both rose for the month, but not all multifamily jobs...
pillars awards 2021 community of the year

NAHB now accepting Pillars Awards applications

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...

Job openings rebound in July

The Job Openings and Labor Turnover (JOLT) report from the Bureau of Labor Statistics (BLS) said that the number of job openings rose in July from last month’s level. This is on top of...
behind on rent

Pulse Survey shows renter delinquencies stabilizing

The “Week 48” edition of the Census Bureau’s Pulse Survey shows that the portion of renter who are behind on their rent payments has stabilized at around 15 percent. What is the Pulse Survey? The Pulse...
residential construction spending

Single-family drives residential construction spending higher

The Census Bureau’s report on construction spending shows that the value of residential construction put in place in February was up 1.1 percent from the revised level of the month before. Residential construction spending...
sfr residents multifamily residents

How are SFR residents different?

A presentation at the National Apartment Association’s (NAA) Apartmentalize conference last week in San Diego discussed the differences between the single-family and multifamily rental markets. One aspect of this comparison was the differences between...

Granny flats, garage apartments, in-law suites gaining in popularity

According to a new Freddie Mac national study, the growth of accessory dwelling units (ADUs) in the United States has been dramatic, particularly in high-cost areas seeing significant population growth. Freddie Mac’s research, the first-of-its-kind on...

2022 Renter Preferences Survey Report reveals renters’ wants and needs

The 2022 Renter Preferences Survey Report released by NMHC and Grace Hill provides a comprehensive look at the home features and community amenities that renters can’t live without, how much they are willing to...
behind on their rent

Pulse Survey shows slow response to rental assistance requests

The “Week 47” edition of the Census Bureau’s Pulse Survey shows that about one in seven renters are behind on their rent payments. This is roughly the same portion who were behind when we...
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...
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