JCHS releases The State of the Nation’s Housing report
The Joint Center for Housing Studies of Harvard University has released the 2021 edition of its report chronicling the issues surrounding housing in the United States. The report brings together data from a wide...
CDC extends eviction moratorium
Dr. Rochelle Walensky, the Director of the Centers for Disease Control (CDC), has extended the agency’s eviction moratorium until July 31, 2021. The agency says that this extension is intended to be the last. The...
RCLCO talks single family rentals
RCLCO discussed single family rentals (SFR) and build for rental (BFR) properties in conjunction with their monthly round-up webinar. The presentation was a good introduction to the reasons this market has been drawing a...
GSEs remain dominant holder of multifamily mortgage debt in Q1 2021
A Mortgage Bankers Association (MBA) report on multifamily and commercial mortgage debt shows that the GSEs accounted for 80 percent of the increase in multifamily mortgage debt outstanding in Q1. While still high, this...
Forecasts say higher inflation is coming
A pair of forecasts, one from Fannie Mae and one from the Federal Reserve anticipate that a period of significantly higher inflation than had been predicted in earlier forecasts may be on the way. Fannie...
2021 NAA Excellence Awards winners announced
The National Apartment Association (NAA) formally recognized the winners of the 2021 NAA Excellence Awards at a virtual ceremony sponsored by Belfor Property Restoration on June 16. The ceremony took place during Apartmentalize+, a...
Census reports solid multifamily housing construction results
The Census Bureau released its monthly new residential construction report for May 2021. It stated that some results were down from those in recent reports, but they were still strong compared to historical levels. Multifamily...
Strong rent growth reported for May
The latest rent report from Yardi Matrix shows record rent growth for the country as-a-whole in May. Rents up sharply Yardi Matrix reported that the national average apartment rent rose $12 in May to $1,428 per...
Construction materials prices higher in May
The Bureau of Labor Statistics (BLS) released its producer price index report for May 2021. It showed that construction materials prices were up 3.9 percent in the month, seasonally adjusted. The index was 17.3...
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...
Apartment industry issues principles to work with residents as eviction moratorium set to end
With trillions of dollars in economic aid circulating in the economy, widespread vaccine availability and encouraging jobs numbers, the country has turned the corner on COVID-19. At the onset of COVID-19, the National Multifamily Housing...
Real estate industry calls for an end to nationwide eviction moratorium on June 30
A broad real estate coalition applauded the measures President Biden has taken to stabilize the housing sector and urged the administration to sunset the federal moratorium on evictions on June 30, 2021. In a joint...
Sponsored: 5 reasons to make the move to managed Wi-Fi
It enhances the resident experience. Unlike traditional residential internet solutions, managed Wi-Fi is built for multifamily properties, which allows residents to easily access their secure personal network across the entire property. Fast, reliable...
Job openings set a record in April
The Bureau of Labor Statistics (BLS) recently released the Job Openings and Labor Turnover (JOLT) report for April. In addition to setting a series record for the highest number of job opening, this report also saw...
New NMHC construction survey finds record construction costs and increasing delays
A record 83 percent of multifamily developer respondents reported construction delays in the jurisdictions where they operate, according to the seventh edition of the National Multifamily Housing Council (NMHC) COVID-19 Construction Survey. Of this group,...
