Thursday, March 28, 2024

Apartment watch

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

rent growth

Rent growth surges in May

The latest rent report from Apartment List shows strongly positive rent growth for the country as-a-whole. In addition, rents were up for the month in all of the 50 largest metro areas. Rents surge higher...

Industry associations response to White House Renters Plan

NAHB Chairman Jerry Konter Jerry Konter, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Savannah, Ga., issued the following statement on the White House residential renter package...

HUD adds funding for PHAs’ COVID-19 fight

U.S. Department of Housing and Urban Development Secretary Ben Carson announced the allocation of $380 million in supplemental administrative fee funding to all Public Housing Authorities (PHA), including Moving to Work (MTW) PHAs. The...
student housing

Student housing suffers supply/demand pressures

U.S. college enrollment has been declining for years but higher education institutions faced an unprecedented drop in students during COVID. Undergraduate enrollment across U.S. colleges and universities dropped by over 1 million students in...

2018’s best & worst cities at money management

With 43 percent of U.S. adults grading their knowledge of personal finance a C or lower, the free credit score website WalletHub today released its report on 2018's Best & Worst Cities at Money...

Single-family rentals continue to capture investor interest amid the pandemic

Single-family rental (SFR) housing, comprising 16 million housing units in the United States, continues to drive institutional investor interest, and JLL Capital Markets has capitalized on the trend by creating a new team to...

NMHC unveils Housing Affordability Toolkit to help guide the affordability solutions discussion

The National Multifamily Housing Council (NMHC) announced the release of an all-new Housing Affordability Toolkit, which is intended to help guide discussions regarding specific housing affordability policies, tools, and incentives. A growing number of families—at...

Secretary Carson kicks off Envision Center demonstration

U.S. Housing and Urban Development (HUD) Secretary Ben Carson traveled to his hometown of Detroit today to announce the first round of ‘EnVision Center’ designations in 17 communities around the nation. One of Secretary...
multifamily mortgage

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...
relocation plans

COVID impacts relocation plans

The COVID-19 pandemic and the changes it has caused in our lives are bound to have an impact on where people choose to live. A variety of sources have attempted to measure the impact...
The Vic

Sponsored: How The Vic partnered with DISH Fiber to launch a one-of-a-kind community

When construction on The Vic at Interpose started back in 2021, developers knew they were building something different. Designed to give Houston residents a prime location without all the high costs that typically come with...
apartment prices

Multifamily property prices rise at record rate in February

A new report from Real Capital Analytics (RCA) said that multifamily property prices rose 23.2 percent year-over-year in February and that they rose 1.7 percent from the month before. The annual rate of increase...

Cap rate expansion likely to continue but may peak later in 2023

Capitalization rate expansion is likely to continue in the short-term for most real estate asset types, but could peak later this year and should decrease in 2024 as the end of the Federal Reserve’s...

NAHB study shows steady gains in construction employment, but levels remain below peak

A new construction employment analysis from the National Association of Home Builders (NAHB) shows that 9.8 million people worked in construction in 2016, and more than 3.8 million of them worked in residential construction. These numbers reflect...
residential construction spending

Residential construction spending rises

The Census Bureau’s report on construction spending shows that the value of residential construction put in place in May was up 0.2 percent from the revised level for April. Overall construction spending was up...
Yield PRO