Apartment watch

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

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...

2018’s states with the best and worst taxpayer ROI

With Tax Day approaching, WalletHub today released its latest analysis of the U.S. tax landscape, an in-depth look at the states with the Best & Worst Taxpayer Return on Investment in 2018. WalletHub used...

Rising rents push Millennials to become homeowners

Forty-four percent of all respondents are looking for a three-bedroom home; 93 percent want at least two bathrooms Twenty-three percent of millennials reported rising rent as a trigger for their purchase More than...

Banks must get serious about technology to capitalize on potential home equity boom, J.D....

With the number of American consumers expected to take out a home equity line of credit (HELOC) projected to double to 10 million over the next five years, lenders need to improve their digital offerings...

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...

Westlawn Gardens receives national community planning award

The U.S. Department of Housing and Urban Development (HUD) and the American Planning Association (APA) today announced Wisconsin’s largest public housing community, Westlawn Gardens, the HUD Secretary’s Opportunity & Empowerment Award. Jointly presented by HUD...
Philadelphia

HUD Secretary Ben Carson to visit Pathways to Housing PA

On Wednesday, U.S. Department of Housing and Urban Development Secretary Ben Carson will visit Pathways to Housing PA, a HUD supported organization that transforms individual lives by housing the homeless and supporting drug recovery...

Make Room celebrates passage of landmark Omnibus Spending Bill

Make Room’s president and CEO Ali Solis is thrilled with the passage of the Omnibus FY 2018 funding bill after making huge strides in advocating for expanding resources to make homes more affordable alongside...

Apartment industry statement on the passage of the Omnibus Spending Bill

Statement from the National Multifamily Housing Council (NMHC) and National Apartment Association (NAA) on passage of the Omnibus Spending Bill. “The National Multifamily Housing Council and the National Apartment Association applaud the passage of the Omnibus...

February new home sales flat after upward revisions to prior months

Sales of newly built, single-family homes remained virtually unchanged, inching down 0.6 percent in February to a seasonally adjusted annual rate of 618,000 units after upward revisions to the January, December and November reports, according to newly...
Yield PRO