Zillow’s hot housing takes for 2023
Midwestern markets will heat up, and more friends and family members will pool their money to buy homes together in 2023, as people look for new ways to overcome the housing affordability crisis. However,...
NMHC and NAA statement on Biden Administration plan to increase housing supply
The National Multifamily Housing Council (NMHC) and National Apartment Association (NAA) applaud the Biden administration for continuing to recognize the nation’s critical shortage of affordable housing and taking additional steps to help address it.
In...
Fannie Mae sees slower economic growth ahead
Fannie Mae’s July economic and housing forecasts predict negative GDP growth in Q2 2022 and a recession in early 2023. The slowdown in economic growth is also expected to be felt in housing construction...
FHFA announces $1.138 billion investment in housing trust fund and capital magnet fund
On February 28, Federal Housing Finance Agency (FHFA) Acting Director Sandra L. Thompson announced that the Housing Trust Fund and Capital Magnet Fund will receive a total of $1.138 billion for affordable housing initiatives...
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...
Trepp assesses CRE loan health
A new report from Trepp takes a look at the state of commercial real estate (CRE) lending in Q3 2021. While the report covers lending for all commercial property types, this article focuses on...
HUD expands housing preservation program to include senior housing
In an effort to preserve and improve critically needed affordable housing for low-income seniors, the U.S. Department of Housing and Urban Development (HUD) announced a significant expansion of its Rental Assistance Demonstration (RAD) to...
Modest gains seen for senior housing
A pair of reports, one from CBRE and one from NIC Map Vision, show that the senior housing market has made modest improvements as it recovers from the sharp downturn in occupancy it experienced...
Residential construction spending rises in November
The Census Bureau’s report on construction spending shows that the value of residential construction put in place in November was up 0.9 percent from the revised level of the month before. Residential construction spending...
SFR rent growth rate down in May
CoreLogic reported that their single-family rent index (SFRI) for May rose 3.4 percent from its year-earlier level. This is down from the 3.7 percent year-over-year SFRI growth reported last month. The year-over-year SFRI growth...
Apartment rent and occupancy hit record highs
Apartment rent growth and occupancy set new records in November, yet another sign that the nation’s housing market isn’t following seasonal patterns this year. Rent growth and occupancy usually cool heading into winter.
Apartment occupancy...
2018’s fastest-growing cities in America
With the Census Bureau reporting that the South held 8 of the 15 cities with the largest population gains in 2017, the personal-finance website WalletHub released its report on 2018’s Fastest-Growing Cities in America...
Fannie Mae forecasts higher near-term growth
Fannie Mae issued its February forecasts for the economy and for housing. They predict slightly higher growth in 2021 but slightly lower growth in 2022.
GDP growth shifts
Compared to the last time we checked in...
On-campus student housing sees expansion and modernization
Over the past couple of years, on-campus student housing has seen an overall expansion through initiatives to renovate existing facilities and expand a generally more modern housing concept. In contrast to the old and...
Mixed picture for multifamily employment
The Employment Situation Report from the Bureau of Labor Statistics stated that November employment levels in 3 of the 4 multifamily-related job categories we track were below the preliminary levels reported last month.
Overall employment...
