Apartment investment environment improves in Q4
Freddie Mac recently released its Apartment Market Investment Index (AIMI) for Q4 2020. The national index was up 0.5 percent in the quarter and was 3.4 percent higher than its year-ago level, indicating an...
Rents jump in March
The latest rent report from Apartment List shows positive rent growth for the country as-a-whole and for 48 of the top 50 metro areas.
Rents rebound strongly in March
Apartment List reported that the national average...
Statement from NAHB Chairman Chuck Fowke on President Biden’s infrastructure plan
Chuck Fowke, chairman of the National Association of Home Builders (NAHB) and a custom home builder from Tampa, Fla., issued the following statement on President Biden's infrastructure proposal:
"NAHB commends President Biden for proposing a much-needed...
Mixed reports on multifamily property prices in February
Recent reports from CoStar and from Real Capital Analytics (RCA) paint different pictures of short-term movements for multifamily property prices in February.
Defining the indices
The CoStar report focuses on a relative measure of property values...
NMHC and NAA statement on the extension of the CDC Eviction Moratorium
The National Multifamily Housing Council (NMHC) and the National Apartment Association (NAA) are deeply disappointed with the extension of the Center for Disease Control (CDC)’s eviction moratorium.
After grappling with the financial distress of the...
Real estate investors look ahead
Realty Mogul recently polled nearly 1,000 real estate investors to assess their plans for the year ahead in light of the changes resulting from the pandemic and from the change in administrations in Washington.
Where...
Housing Supply and Affordability Act introduced in US Senate
Senator Amy Klobuchar (D-Minn.) introduced a bill March 23 that would provide funding to support the development and implementation of local plans to increase the supply of housing. This bill is designated SB902. It...
International investment in multifamily property falls during 2020
A new report from CBRE found that both the absolute dollar value of foreign investment in multifamily properties as well as foreign investment’s share of total investment fell during 2020.
Sizing up the deals
The CBRE...
GSEs increase share of multifamily mortgage debt again in Q4 2020
A Mortgage Bankers Association (MBA) report on multifamily and other commercial mortgage debt shows that the GSEs accounted for 96 percent of the increase in multifamily mortgage debt outstanding in Q4.
Unlike the MBA report...
Market-driven solutions will keep homes resilient and affordable
The National Association of Home Builders (NAHB) urged Congress to factor in housing affordability when seeking solutions to build more resilient communities that can withstand and recover from natural disasters.
Testifying before the House Transportation and Infrastructure...
Multifamily housing permit levels remain high in February
The Census Bureau released its monthly new residential construction report for February 2021. It reported that permits were strong, starts were moderate and completions were weak compared to the recent history of multifamily housing...
Rents continue upturn in February
The latest rent reports from Yardi Matrix and Apartment List show positive rent growth for the country as-a-whole in February.
Rents rise in February
Yardi Matrix reported that the national average apartment rent rose 0.2 percent...
Fannie Mae introduces sponsor-initiated affordability incentives for multifamily borrowers
Fannie Mae announced that it is offering Sponsor-Initiated Affordability (SIA) incentives for multifamily borrowers through its network of Delegated Underwriting and Servicing (DUS) lenders to lead the market in addressing the nation's shortage of...
Construction materials price rises spread in February
The Bureau of Labor Statistics (BLS) released its producer price index report for February 2021. It showed that the BLS price index of materials and components for construction was up 1.4 percent in the...
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...
