Wednesday, March 27, 2024

Apartment watch

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

Housing an economic bright spot but regulatory, affordability challenges persist

As the country continues to rebound from the impact of the COVID-19 pandemic, housing has been a bright spot in the economic recovery. And while the home building industry is poised for another solid year in 2021,...

Rent Payment Tracker: Payments up from last month

The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 79.2 percent of apartment households made a full or partial rent payment by February 6 in its survey of 11.6 million units of professionally...

Builder confidence in the 55+ housing market remains high in fourth quarter

Builder confidence in the single-family 55+ housing market remained high in the fourth quarter, inching down one point from an all-time high to 82, according to the National Association of Home Builders' (NAHB) 55+ Housing Market Index...

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...

Census reports on vacancies

The latest Census Bureau report on housing vacancies shows that the rental housing vacancy rate in Q4 2020 was 6.5 percent, only 0.1 percent higher than the year-earlier rate. Big picture view The Census Bureau report...

California extends eviction moratorium

California Governor Newsom has signed into law Senate Bill 91 (SB-91), which extends the state’s eviction moratorium to June 30, 2021. The bill also creates the State Rental Assistance Program which will use funds...

Nation’s home builders elect leadership for 2021

Members of the National Association of Home Builders (NAHB) elected four senior officers to top leadership positions within the federation at the conclusion of this week's NAHB Winter Leadership Meetings. With more than 700 affiliated state and...

January apartment market conditions show mixed results

Apartment market conditions showed mixed results in the National Multifamily Housing Council’s Quarterly Survey of Apartment Market Conditions for January 2021, as the industry continues to grapple with the ongoing COVID-19 pandemic. While the...
Rep. Marcia L. Fudge

HUD nominee Marcia Fudge to push for rental assistance, affordable housing amid coronavirus crisis

If confirmed as secretary of housing and urban development, Rep. Marcia L. Fudge (D-Ohio) will confront the immediate challenge of keeping millions of Americans from losing their homes amid the coronavirus pandemic, while also...
Pulse Survey

Rent delinquencies continue to grow in January

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

NAHB names Global Innovation Awards finalists

The National Association of Home Builders (NAHB) has announced the finalists for the 2020 Global Innovation Awards. The awards recognize the most advanced, cutting-edge and original products, services and homes from the United States and around the...

2021 likely another mixed performance year for multifamily, says Yardi Matrix

After a year ravaged by disease, division, job losses and economic hardship, expectations for the multifamily industry in 2021 are the subject of a new Yardi Matrix outlook. “While there does appear to be light...
multifamily housing construction plans

Another mixed report on multifamily housing construction in December

The Census Bureau released its new residential construction report for December 2020. It is the inverse of last month's report with a drop this month in multifamily housing construction permits and starts but a...

Remodeling industry confidence is strong despite COVID-19

The National Association of Home Builders (NAHB) released its Remodeling Market Index (RMI) for the fourth quarter of 2020, posting a reading of 79. The finding is a signal of residential remodelers' strong confidence in their markets,...

Housing starts end 2020 strong; Risks ahead

While housing starts ended the year on a strong note, rising lumber prices and increasing regulatory cost concerns could affect future production. Led by a solid, double-digit gain in single-family starts, overall housing starts increased 5.8 percent...
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