Multifamily property values increase in January
Recent reports from CoStar and from Real Capital Analytics (RCA) show that multifamily property values continued to rise in January.
Defining the indices
The CoStar report focuses on a relative measure of property values called the...
CoStar reports rising multifamily property prices
A recent report from CoStar indicates that multifamily property prices are maintaining steady growth on a year-over-year basis.
Defining the indices
The CoStar report focuses on a relative measure of property prices called the CoStar Commercial...
JCHS reports on landlords under stress
Harvard’s Joint Center for Housing Studies (JCHS) recently issued a report assessing how landlords are faring during the COVID pandemic. The report studied how their rent collections and business practices changed between 2019 and...
Builder confidence remains on solid footing in March
Builder confidence in the market for newly-built single-family homes edged down one point to a level of 70 in March from a downwardly revised February reading on the National Association of Home Builders/Wells Fargo...
Rental app fees may change in Colorado
As people move in droves to Colorado, limited housing is an ongoing issue.
While newcomers are looking for a place to live, it’s common practice for rental companies to charge an application fee.
The fee often...
Multifamily housing construction slows in August
The Census Bureau released its monthly new residential construction report for August 2020. It shows a slowdown in all phases of multifamily housing construction.
Permits fall
The number of permits issued for buildings with 5 or...
23 Million residents on the move
Remote working may be here to stay leading millions of residents to relocate.
Many large U.S. businesses have made their work at home policy permanent. Others have extended their remote work policies through 2021. It’s...
CDC eviction ban struck down nationwide
On May 5, federal judge Dabney Friedrich ruled in the case of Alabama Association of Realtors v. U.S. Department of Health and Human Services that the CDC cannot enforce its eviction moratorium. Unlike previous...
CoStar: multifamily property prices falling
CoStar reported that its value-weighted index of multifamily property prices was down 1.4 percent month-over-month in October, the fourth monthly decline in a row. However, this index was still up 10.5 percent, year-over-year.
The value-weighted...
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...
New home sales rise 4 percent in March
Sales of newly built, single-family homes rose 4.0 percent in March to a seasonally adjusted annual rate of 694,000 units after an upwardly revised February report, according to newly released data by the U.S. Department of Housing...
Survey shows significant delays in apartment construction
The percent of apartment developers reporting construction delays remained essentially the same in the second iteration of the National Multifamily Housing Council’s (NMHC) Construction Survey—56 percent compared to 55 percent in the April 3...
July multifamily construction completions down sharply
The Census Bureau’s new residential construction report for July stated that the number of multifamily permits issued, starts and unit completions were all down from the levels reported last month. The number of multifamily...
Multifamily and construction job openings much lower in January
The Job Openings and Labor Turnover (JOLT) report from the Bureau of Labor Statistics (BLS) said that the number of job openings in January was 10.82 million, down from the preliminary figure reported last...
Rent tracker shows payments up in June
The NMHC rent tracker project has released its third reading on rent collections in the month of June. A total of 92.2 percent of residents had made a rent payment by June 20, 2020....
