Trump administration announces continued decline in veteran homelessness
During a press conference at Harbor Homes in Manchester, New Hampshire, U.S. Housing and Urban Development (HUD) Secretary Ben Carson announced veteran homelessness in the U.S. continues to decline according to a new national...
Housing starts reach post-recession high in May as permits soften
Total housing starts rose 5 percent in May to a seasonally adjusted annual rate of 1.35 million units, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department. This...
Residential construction spending shifts to improvements
The Census Bureau’s report on construction spending shows that the value of multifamily residential construction put in place in September was up 0.3 percent month-over-month. Spending on single-family fell, with spending on improvements rising...
Tax Day: Hoteliers call for more transparency and oversight in taxing Airbnb
The American Hotel and Lodging Association (AHLA) called on state and local government leaders on National Tax Day, to start taxing Airbnb and other short-term rental sites with the same oversight and transparency as...
Rent Payment Tracker: October payments down slightly
The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 78.4 percent of apartment households made a full or partial rent payment by October 6 in its survey of 11.8 million units of professionally...
HUD awards record $319 million to protect families from lead and other home health...
The U.S. Department of Housing and Urban Development (HUD) today awarded more than $314 million to 77 state and local government agencies, a record investment to protect children and families from lead-based paint and...
Housing Affordability Coalition statement on congressional letter on housing policy solutions
19 national real estate associations joined together to release a letter to policymakers urging Congress to work with the Biden Administration, housing providers, lenders and other stakeholders to pursue bipartisan solutions to increase the...
Reflecting a weakening housing market, builder confidence declined every month in 2022
High mortgage rates, elevated construction costs running well above the inflation rate and flagging consumer demand due to deteriorating affordability conditions have dragged builder sentiment down every month in 2022.
Builder confidence in the market...
California voters reject rent control – again
Prop 21, the rent control measure put before California’s voters in the recent election, went down to defeat. While results are still preliminary at this point, nearly 60 percent of the ballots tabulated to...
Rent growth picks up in May
Yardi Matrix reported national average apartment rent growth of $7 in May, bringing rents to $1,716 per month. The increase is up by $2 from last month’s reported value.
Year-over-year rent growth rates down again
The...
Gender and generational differences drive increased late bill payment and debt collection activity
In celebration of Financial Literacy Month, the National Foundation for Credit Counseling (NFCC) has released its 11th annual Consumer Financial Literacy Survey. This year’s survey, conducted online by Harris Poll in March 2018 among...
California Assembly passes innovative legislation to enable landlords and tenants to assist persons at...
Today, the California State Assembly voted 75 - 0 to pass Assembly Bill (AB) 1188, authored by Assembly member Jesse Gabriel (D – San Fernando Valley), which would make it easier for both landlords...
2020 Sustainable Living Index results released
AMLI Residential, a leading developer of sustainable, multifamily properties, announced the results of its fourth annual Sustainable Living Index. This year’s survey polled a record 4,891 AMLI apartment residents asking how their opinions on...
Multifamily construction has a great month
The Census Bureau’s new residential construction report for May stated that the number of multifamily permits issued, starts and unit completions were all up for the month, starts significantly so. Starts again outpaced completions...
Enodo identifies 9,000 undervalued multifamily properties nationwide
Enodo, an automated underwriting platform for multifamily real estate, recently applied its price and cap rate prediction algorithms to its database of 1.7 million assets nationwide to identify the nation’s most statistically undervalued multifamily...
