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...
HUD reaches settlement with California housing providers accused of disability discrimination
The U.S. Department of Housing and Urban Development announced today that it has reached a Conciliation/Voluntary Compliance Agreement with housing providers in San Diego, Sacramento and Oceanside, CA, settling allegations that they violated the...
Secretary Carson asks the FTC to investigate websites selling assistance animal documentation
Recently, U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson wrote to Chairman of the U.S. Federal Trade Commission (FTC) Joseph J. Simmons and Director of the Bureau of Consumer Protection Andrew...
MSCI: Multifamily property prices lower again
The latest commercial property price report from MSCI Real Capital Analytics said that multifamily property prices in September were down 0.3 percent from their level of the month before and down 12.8 percent from...
Housing affordability plunges on soaring material costs, rising home prices
Soaring building material costs, high demand and low inventory have added tens of thousands of dollars to the price of a new home and caused housing affordability to fall to its lowest level in nearly a decade...
CPC, Nyack Point Apartments LP, Rockland Housing Action Coalition and Partners open the doors...
The Community Preservation Corporation (CPC), Nyack Point Apartments LP, Rockland Housing Action Coalition (RHAC), the County of Rockland, Federal Home Loan Bank, NYS Housing and Community Renewal, NYS Housing Trust Fund Corporation, First Sterling...
Most new multifamily mortgage debt supplied by GSEs in Q3
A Mortgage Bankers Association (MBA) report on the level of outstanding commercial and multifamily mortgage debt shows that the GSE's increased their already dominant share of this debt in Q3.
The MBA reported that multifamily...
Multifamily mortgage originations underperform in Q3
A report from the Mortgage Bankers’ Association (MBA) says that originations of multifamily mortgages in Q3 were down 16 percent on a year-over-year basis. Originations of all commercial mortgages as a single asset class...
RCA: Multifamily property prices higher
A report from Real Capital Analytics (RCA) said that multifamily property prices rose 13.5 percent in the year to July, topping the 12 percent annual increase logged last month. Apartments were again the commercial...
Have construction materials price rises peaked?
The September producer price index (PPI) report from the Bureau of Labor Statistics (BLS) stated that construction materials prices fell 0.4 percent in the month, seasonally adjusted. While this decline is small, it may...
Rent delinquencies tick higher in Pulse Survey
The “Week 50” edition of the Census Bureau’s Pulse Survey shows that the portion of renters with rent delinquencies rose to 14.0 percent, up from the survey low of 12.3 percent reported in the...
Multifamily industry responds to passage of COVID relief package
Congress passed a $900 billion pandemic relief package that would finally deliver long-sought cash to businesses and individuals and resources to vaccinate a nation confronting a frightening surge in COVID-19 cases and deaths.
Lawmakers tacked...
On-campus student housing sees expansion and modernization
Over the past couple of years, on-campus student housing has seen an overall expansion through initiatives to renovate existing facilities and expand a generally more modern housing concept. In contrast to the old and...
2018 WalletHub Tax Survey
With the tax deadline drawing near, the personal-finance website WalletHub followed up on its 2018 Tax Rates by State report with an in-depth analysis of 2018’s Most & Least Federally Dependent States to determine...
NAHB identifies top features and design trends for 2021 in the wake of COVID-19
After declining for four years, a number of key trends-including the average size of the home and the number of bedrooms and bathrooms-reversed course in 2020 as a result of shifting buyer preferences in the wake of...
