Class B rents soften, drive renter flight to quality
The recent flood of new multifamily deliveries is softening Class B rents in submarkets with high supply more than any other asset class, driving a renter flight-to-quality, according to data from RealPage....
2018’s cities with the highest and lowest credit scores
With tax season coming up and people evaluating their spending and debts more closely, the personal-finance website WalletHub analyzed the median credit scores of residents in 2,572 cities to determine 2018's Cities with the...
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...
MASCO’s KraftMaid supports skilled labor fund
The National Housing Endowment (NHE), the philanthropic arm of the National Association of Home Builders (NAHB), announced today that MASCO's KraftMaid has donated to the group's Skilled Labor Fund. The Skilled Labor Fund is an industry-wide effort...
Rent growth flatlines in September
Yardi Matrix reported that national average apartment rent growth stalled in September with rent remaining unchanged from their August level at $1,718 per month.
YoY rent growth rate slide continues
The national average apartment rent was...
Aging and in debt: More than half of older Americans owe money
Are you working to pay down tens of thousands of dollars in debt? You may be surprised to learn that your aging parents, and even your grandparents, are likely in the same boat. When...
HUD invites public housing agencies to join Moving to Work demonstration program
The U.S. Department of Housing and Urban Development (HUD) is inviting public housing agencies to join the Department’s expanding Moving to Work demonstration program. Moving to Work (MTW) allows public housing agencies (PHAs) to...
Equifax survey highlights biggest pain points for property managers in today’s rental marketplace
Today’s property management processes are often burdened with many common issues and inefficiencies, and nearly 95 percent of landlords and property managers are experiencing pain points in their standard practices, according to a recent...
Insurance costs lead operating expenses higher
A new report from Yardi Matrix documents the rapid rise in operating expenses for multifamily properties over the past year and identifies the factors driving this rise.
The broad view
Nationally, Yardi Matrix found that average...
HUD to issue rule protecting tenants facing evictions for non-payment of rent in HUD-assisted...
The U.S. Department of Housing and Urban Development (HUD) on Wednesday announced that it will publish a rule that prohibits the eviction of tenants facing eviction for nonpayment of rent from HUD-subsidized public housing...
NMHC releases 2021 student housing income and expense survey
The National Multifamily Housing Council (NMHC) released the 2021 NMHC Student Housing Income and Expense Survey. This survey provides detailed descriptive statistics for the 2020 calendar year income and expense statements of 953 private off-campus student...
National Multifamily Housing Council issues Data Privacy and Protection White Paper
The National Multifamily Housing Council released a new white paper that examines the state of play in the rapidly evolving data protection and privacy regulatory landscape. It identifies 14 specific steps firms should take...
HUD awards over $40 million to fight housing discrimination
The U.S. Department of Housing and Urban Development (HUD) awarded $40.8 million to support dozens of fair housing organizations working to help end housing discrimination (see grant chart below for full list of recipients)....
Statement from NAHB Chairman Chuck Fowke on President Biden’s infrastructure plan
Chuck Fowke, chairman of the National Association of Home Builders (NAHB) and a custom home builder from Tampa, Fla., issued the following statement on President Biden's infrastructure proposal:
"NAHB commends President Biden for proposing a much-needed...
2018’s states with the best and worst taxpayer ROI
With Tax Day approaching, WalletHub today released its latest analysis of the U.S. tax landscape, an in-depth look at the states with the Best & Worst Taxpayer Return on Investment in 2018. WalletHub used...
