Is multifamily distress ahead?
A research brief from Gray Capital looks at the impact of the emerging “higher for longer” interest rate environment on multifamily property. It finds that near-term distress may arise as borrowers seek to replace...
Multifamily property prices rise at record rate in February
A new report from Real Capital Analytics (RCA) said that multifamily property prices rose 23.2 percent year-over-year in February and that they rose 1.7 percent from the month before. The annual rate of increase...
RealPage reports rent-to-income ratio flip
RealPage reported this month that wages are outpacing rents by a widening margin. Moody's Analytics tells a much different tale. After reporting rent-to-income ratios topped 30 percent last year for the first...
Single-family housing contraction continues in October
Elevated mortgage rates, high construction costs for concrete and other building materials and weakening demand stemming from deteriorating affordability conditions continue to act as a drag on single-family housing production.
Overall housing starts decreased 4.2...
ULI economic forecast sees improvement
The Urban Land Institute (ULI) recently released its biannual economic forecast. It has a more positive outlook for the economy and for the multifamily housing industry than did their last forecast of 6 months...
HUD charges New York developer, owner, construction company, and architect with discriminating against persons...
The U.S. Department of Housing and Urban Development (HUD) announced today that it charged a New York-based developer, owner, construction company and architect with housing discrimination for failing to design and construct a condominium...
LEED homes awards announced
The U.S. Green Building Council (USGBC) announced the recipients of the annual LEED Homes Awards. The awards recognize LEED-certified residential projects that are positively impacting communities through sustainable, healthy and resilient design, as well...
EIG launches interactive map highlighting innovative Opportunity Zone activity across the country
The Economic Innovation Group (EIG) launched the Opportunity Zones Activity Map, an online portal highlighting some of the most innovative and impactful publicly-announced developments catalyzed in the early stages of this new policy. This...
Yardi Matrix presents multifamily national outlook
Yardi Matrix recently held a webinar presenting its Fall 2021 multifamily outlook. The presentation included both a general outlook for the economy and a discussion of the future direction for the multifamily housing market....
Multifamily property price index continues to climb
The latest CoStar report on the change in prices of commercial property in the United States said that multifamily property prices rose 12.5 percent over the last 12 months, but multifamily is no longer...
CoStar reports steady rise in multifamily property prices
A recent report from CoStar indicates that the remarkably steady rise in multifamily property prices that has taken place over the last two years continued in May.
CCRSI defined
The CoStar report focuses on a relative...
NMHC survey reveals rise in rental fraud
A recent survey of rental housing providers by the National Multifamily Housing Council found that rental application, financial and identity fraud are increasing throughout the nation, fueled by social media platforms that...
HUD approves agreement between Nevada real estate companies and applicant resolving claims of disability...
The U.S. Department of Housing and Urban Development (HUD) announced today that it has approved a Conciliation Agreement between Delta House Investments, LLC in Reno, Nevada, and Premier Realty, Inc., of Carson City, Nevada,...
HUD awards $2.7 billion to improve, preserve nation’s public housing
The U.S. Department of Housing and Urban Development awarded more than $2.7 billion in funding to nearly 2,900 public housing authorities (PHAs) in all 50 states, as well as the District of Columbia, Guam,...
Increasing housing supply critical for Fed’s fight on inflation
With shelter inflation accounting for a staggering 90 percent of the overall inflation rate last month, the National Association of Home Builders (NAHB) is calling on policymakers at all levels of government to take...
