Sunday, May 5, 2024

Apartment watch

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

Builder confidence edges lower on inflation concerns

Growing inflation concerns and ongoing supply chain disruptions snapped a four-month rise in builder sentiment even as consumer demand remains robust. Builder confidence in the market for newly built single-family homes moved one point lower to 83...
multifamily property price increase

CoStar reports multifamily property prices rising

A new report from CoStar says that multifamily property prices have resumed their recent rapid rise after a brief slowdown in the middle of last year. CCRSI defined The CoStar report focuses on a relative measure...
rent control in St Paul Minn

Unintended consequences of rent control

A study by the USC Marshall School of Business finds that the recent rent control initiative approved by voters in St. Paul Minn. negatively impacted property values for both renter- and for owner-occupied properties....
The Vic

Sponsored: How The Vic partnered with DISH Fiber to launch a one-of-a-kind community

When construction on The Vic at Interpose started back in 2021, developers knew they were building something different. Designed to give Houston residents a prime location without all the high costs that typically come with...

Credit card debt sets all-time record after $92 billion increase in 2017

U.S. consumers racked up $92.2 billion in credit card debt during 2017, pushing outstanding balances past $1 trillion for the first time ever, according to WalletHub’s latest Credit Card Debt Study, based on Federal...

MBA forecasts slight decline for commercial/multifamily originations in 2018

The Mortgage Bankers Association (MBA) projects commercial and multifamily mortgage originations will decline slightly in 2018, ending the year at $519 billion, down two percent from the 2017 volumes. MBA expects volumes to remain...

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...

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...

NAHB forms diversity, equity and inclusion task force

The National Association of Home Builders (NAHB) announced it has formed a Diversity, Equity and Inclusion (DEI) Task Force. The task force as created to review and establish best practices for developing and sustaining policies designed to...

Multifamily builders and developers remain positive about the apartment and condo market as demand...

Confidence in the multifamily housing market remained positive in the first quarter of 2018, according to the Multifamily Production Index (MPI) and the Multifamily Vacancy Index (MVI) released today by the National Association of Home Builders (NAHB)....

HUD awards $6.7 million in research grants to reduce lead and other housing-related health...

To help protect children and seniors from exposure to lead and other home health hazards, the U.S. Department of Housing and Urban Development (HUD) today awarded $6.7 million to seven universities and public health organizations...

Rent Payment Tracker: payments up slightly from last month

The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 76.6 percent of apartment households made a full or partial rent payment by January 6 in its survey of almost 11.3 million units of...
rent past due

Rent delinquencies continue to fall in May Pulse survey

The week 29 release of the Census Bureau’s Pulse Survey shows that the portion of renters who are current on their rent payments is up since we last reported on the survey results. What is...

Rent payment delinquencies down slightly in July surveys

The week 34 release of the Census Bureau’s Pulse Survey shows that the portion of renters who are behind on their rent payments is down slightly over the last month. In addition, the NMHC...

Banks increase share of multifamily mortgage debt in Q2

A Mortgage Bankers Association (MBA) report on commercial and multifamily mortgage debt shows that the GSEs continued to be the largest source of net new multifamily mortgage funds in Q2. However, for the first...
Yield PRO