Monday, April 29, 2024

Apartment watch

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

Housing starts weaken in July as market slowdown continues

A sharp decline in single-family home construction is another indicator that the housing slowdown is showing no signs of abating, as rising construction costs, elevated mortgage rates and supply chain disruptions continue to act...

NAHB releases salary, bonus and benefit data for 39 jobs across the home building...

Throughout the economy and across all sectors, millions of people have quit their jobs looking for better work-life balance, benefits, location or pay—a phenomenon now commonly referred to as the Great Resignation. These challenges...

Rent Payment Tracker: rent payments flat from September

The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 90.6 percent of apartment households made a full or partial rent payment by October 20 in its survey of 11.4 million units of professionally...

Ginnie Mae November MBS volume sustains recent pace with more than $76 billion of...

Ginnie Mae mortgage-backed securities (MBS) continue to be a strong source of capital for America's homeowners, with more than $76.2 billion of securities issued in November, the fifth consecutive month issuance topped $70 billion....

Fewer pay rent by June 6 than did last year

The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 77.0 percent of apartment households made a full or partial rent payment by June 6 in its survey of 11.7 million units of professionally...

July apartment market conditions showed improvement across all metrics

Apartment market conditions showed continued improvement in the National Multifamily Housing Council’s Quarterly Survey of Apartment Market Conditions for July 2021. For the first time since October 2015, the Market Tightness (96), Sales Volume...

Action on supply chain bottlenecks needed to boost housing affordability

The National Association of Home Builders (NAHB) called on Congress and the Biden administration to help ease building material supply chain bottlenecks that are harming housing affordability by removing trade barriers and seeking solutions to port congestion...

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...

Somerset Development, Jonathan Rose Companies and NCP celebrate opening of Portner Fflats affordable housing...

A joint venture of Somerset Development Company (Somerset), New Community Partners (NCP) and Jonathan Rose Companies (JRCo) joined with community and elected officials to celebrate the grand opening of Portner Flats, a new 96-unit...

Nearly 700 builders shine a spotlight on housing affordability in Hill Visits

Nearly 700 builders from across the nation converged on Capitol Hill today for the National Association of Home Builders (NAHB) 2019 Legislative Conference to urge their lawmakers to support policies that will increase the production of quality,...
senior housing

Senior housing occupancy up in Q4

An NIC Map Vision summary of the fundamentals of the senior housing industry reports that key metrics are still well below pre-pandemic levels, but trends are positive. Segmenting the market The senior housing market is highly...

International investment in multifamily property falls during 2020

A new report from CBRE found that both the absolute dollar value of foreign investment in multifamily properties as well as foreign investment’s share of total investment fell during 2020. Sizing up the deals The CBRE...
inflation forecast

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...

Real estate industry strongly opposes the CDC imposing a new federal eviction moratorium

A broad real estate coalition strongly opposes the Centers for Disease Control (CDC) decision to reimpose a federal eviction moratorium. This move takes place despite the fact that the Administration itself noted it lacks...
residential construction spending

Residential construction spending rises despite multifamily stall

The Census Bureau’s report on construction spending shows that the value of residential construction put in place in March was up 1.0 percent from the revised level of the month before. Residential construction spending...
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