Monday, April 29, 2024

Apartment watch

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

The University of Maryland wins HUD’s innovation in affordable housing student design and planning...

The U.S. Department of Housing and Urban Development (HUD) today announced the University of Maryland, College Park as the winner of its 2018 Innovation in Affordable Housing Student Design and Planning Competition. A team...
rent due

Rent delinquencies edge higher in latest Pulse Survey

The “Week 54” edition of the Census Bureau’s Pulse Survey shows that the portion of renters who are behind on their rent payments rose to 14.2 percent, up from the 12.6 percent reported in...
NMHC 50 firms

NMHC 50 recognizes industry’s top firms

The National Multifamily Housing Council (NMHC) released their 2022 list of the largest firms in the US multifamily housing industry. The firms are ranked by units in buildings with 5 or more units. The...
single-family home purchases

Investor share of single-family home purchases down in Q2

A new report from CoreLogic notes that the share of single-family homes purchased by investors fell from a high of 28 percent in February 2022 to 20 percent in June. While this is a...

Camden Property Trust establishes Resident Relief Fund for COVID-19 pandemic

Camden Property Trust announced it has established a $5 million Resident Relief Fund for Camden residents experiencing financial losses caused by the COVID-19 pandemic. “While the full impact of COVID-19 on our country is still...
rent growth

Rent growth rate flat in May

The latest rent report from Apartment List shows that the national average monthly rent growth in May was a positive 0.5 percent, unchanged from last month’s increase. Year-over-year rent growth was 0.9 percent. Both...
job openings

Multifamily job openings rise in February despite overall decline

The Job Openings and Labor Turnover (JOLT) report from the Bureau of Labor Statistics (BLS) said that the number of job openings in February was 9.93 million, down 632,000 openings from last month’s figure...

Don’t just wait for the storm to pass. Learn to dance in the rain.

The COVID-19 pandemic continues to disrupt public health and economic activities across the globe. While the full impact remains to be seen, commercial real estate professionals are best prepared for continued challenge. In the commercial...

Multifamily property values rise, but not uniformly

Recent reports from CoStar and from Real Capital Analytics (RCA) show that multifamily property values continued to increase through the end of 2020, despite the pandemic. Defining the indices The CoStar report focuses on a relative...
HUD AFFH

HUD to revise AFFH rules – again

On June 10, the Department of Housing and Urban Development (HUD) published an interim final rule regarding HUD's affirmatively furthering fair housing (AFFH) regulations. The rule reinstates requirements that had been imposed by the...
pulse survey rent delinquency

Pulse Survey finds lower rent delinquencies

The “Week 49” edition of the Census Bureau’s Pulse Survey shows that the portion of renters who are behind on their rent payments has fallen to a new survey low of 12.3 percent. What is...

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 builder and developer confidence down in Q1

Confidence in the market for new multifamily housing weakened significantly in the first quarter of 2020, according to results from the Multifamily Market Survey (MMS) released by the National Association of Home Builders (NAHB). The survey was...

Rent delinquencies grow

The latest version of the Census Bureau’s Pulse Survey shows that a large and increasing portion of renters are behind on their rent payments. Taking our pulse The Pulse Survey is an experimental program that the...

Multifamily housing permits surge in January

The Census Bureau released its monthly new residential construction report for January 2021. It shows a rise in permits and starts of multifamily housing units but a drop in unit completions. Multifamily housing construction permits...
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