Recovery in senior housing continues in Q3
An NIC Map Vision summary of the fundamentals of the senior housing industry reports that they are continuing to improve as the recovery from the pandemic continues.
Segmenting the market
The senior housing market is highly...
Fannie Mae sees milder housing downturn
Fannie Mae’s December economic and housing forecast predicts that single-family and multifamily starts will fall in 2024, but not as far as they predicted last month.
Multifamily starts will have milder downturn
The current forecast for...
Multifamily jobs increase in October
The latest Employment Situation Report from the Bureau of Labor Statistics stated that both residential construction jobs and apartment operations jobs saw gains for the month.
Total employment growth meets expectations
The BLS reported that employment...
Rent Payment Tracker: Payments up from last month
The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 79.2 percent of apartment households made a full or partial rent payment by February 6 in its survey of 11.6 million units of professionally...
Apartment investment environment improves in Q4
Freddie Mac recently released its Apartment Market Investment Index (AIMI) for Q4 2020. The national index was up 0.5 percent in the quarter and was 3.4 percent higher than its year-ago level, indicating an...
HUD awards nearly $20 million to support homeless programs in Puerto Rico and US...
The U.S. Department of Housing and Urban Development (HUD) today awarded nearly $20 million to support to dozens of local homeless housing and service programs in Puerto Rico and the U.S. Virgin Islands. The Continuum...
Rent Payment Tracker: Payments down slightly from last November
The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 78.2 percent of apartment households made a full or partial rent payment by November 6 in its survey of 11.8 million units of professionally...
Rent payments down slightly in July
The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 77.4 percent of apartment households made a full or partial rent payment by July 6 in its survey of 11.4 million units of professionally...
MBA looks ahead
The Mortgage Bankers Association recently released its commercial real estate finance forecast. It projects a fall-off in commercial lending this year with a recovery starting next year. While the forecast is for commercial lending...
Market rents: who’s hot, who’s not
The pandemic created a number of anomalies in the rental market that will take some time to normalize, not the least of which is in market rents. While more than 35 percent...
HUD, VA team up to help homeless veterans find permanent homes
In a continued effort to end veteran homelessness, the U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Veterans Affairs (VA) today announced $43 million to 325 local public housing...
Job openings trend lower in October
The Job Openings and Labor Turnover (JOLT) report from the Bureau of Labor Statistics (BLS) said that the number of job openings fell to 10.33 million in October. In addition, last month’s job openings...
SFR rent growth down from recent highs
A report from CoreLogic, a data and analytics company, states that the rate of rent growth in the single-family rental (SFR) market fell in August for the fourth month in a row, reaching 11.4...
Rents continue slide in November
The latest rent report from Apartment List shows that the national average rent growth in November remained negative for the third consecutive month. Rents fell 1.0 percent month-over-month. Year-over-year rent growth remained positive, with...
HUD awards $43 million to help end youth homelessness
To help end youth homelessness, the U.S. Department of Housing and Urban Development (HUD) is awarding $43 million to 11 local communities, including five rural areas, through its Youth Homelessness Demonstration Program (YHDP). This...
