Apartment watch

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

ClosetMaid enhances its popular ExpressShelf pre-finished shelf and rod system

ClosetMaid has responded to high demand for its ExpressShelf pre-finished shelf and rod system by launching additional hardware options that enable more configurations and applications. The new ExpressShelf hardware makes full walk-in and wall-to-open shelving...

2018 NMHC 50 demonstrates strong and continued apartment growth

The apartment sector continued its strong economic run last year, reflected in the National Multifamily Housing Council’s (NMHC) newly released 2018 NMHC 50—the authoritative ranking of the nation’s largest apartment owners, manager, developers, builders...

HUD joins Justice Department in nationwide initiative to combat sexual harassment in housing

Today, as the U.S. Department of Housing and Urban Development (HUD) and the Department of Justice recognizes the 50th Anniversary of the Fair Housing Act, Secretary Carson and Attorney General Jeff Sessions announced the...

Four secrets to lowering your commercial insurance premiums

Based on the recent hurricane activities and other coastal disasters over the past couple years, it is no secret that an increase in 2018 insurance premium is coming. These disasters have also led to...

New study: Apartment renters value smart home tech above traditional amenities

A new study out by property management company Entrata shows the vast majority of the country’s renters value new and evolving smart home amenities over traditional benefits offered to apartment dwellers. The survey found that most important...

HUD awards record $28 billion to help hard-hit areas in nine states, Puerto Rico...

The U.S. Department of Housing and Urban Development (HUD) today awarded nearly $28 billion to support long-term disaster recovery in hard-hit areas in nine states, Puerto Rico and the U.S. Virgin Islands.  These funds...

HUD, VA team up to help homeless veterans find permanent homes

In a continued effort to end veteran homelessness, the U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Veterans Affairs (VA) today announced $43 million to 325 local public housing...

What Friday’s U.S. jobs report means: Interest rates, GDP, and labor force participation

Two economists from California made the following comments regarding this coming Friday’s U.S. Bureau of Labor Statistics’ non-farm payrolls employment report for March: Robert Eyler, Board Member of Redwood Credit Union and Economist at Sonoma...

Gender and generational differences drive increased late bill payment and debt collection activity

In celebration of Financial Literacy Month, the National Foundation for Credit Counseling (NFCC) has released its 11th annual Consumer Financial Literacy Survey. This year’s survey, conducted online by Harris Poll in March 2018 among...

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...

Rents rise in March but overall multifamily growth stays dormant

The average national apartment rent was up for the first time since summer 2017 in March, according to data reported by Yardi Matrix, recording an increase of $4 to $1,371. But the uptick does not...

NAA celebrates National Apartment Housing Month

The National Apartment Association is celebrating National Apartment Housing Month this April as well as Residential Property Management (RPM) Careers Month. Join NAA, its members, affiliates and supplier partners across the country as we celebrate...

Millennials leading the growth of new home buyers

As the housing industry celebrates New Homes Month in April, recent data from the Census Bureau confirms that millennials are increasingly entering the housing market as first-time buyers. The homeownership rate of millennials--now at 36 percent--registered the largest...

HUD commemorates Fair Housing month and 50 years of the Fair Housing Act

Nearly 50 years ago, President Lyndon Johnson signed the Civil Rights Act of 1968 and fair housing became law. In signing the landmark measure, President Johnson declared, “Now, with this bill, the voice of...

Rents continue their downward slide into April 2018

Bucking last year’s trends, national median one-bedroom rent prices continue their downward trend into April. In 2017, April marked the beginning of a hot summer market. But in 2018, following five months of increases...
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