Sunday, May 19, 2024

Apartment watch

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

New home sales remain relatively flat in February

Higher mortgage rates and home prices, as well as increased construction costs contributed to lackluster new home sales in February, but signs point to improvement later in the year. Sales of newly built, single-family homes...
consider the emotional benefits of lighting

Consider the emotional benefits of lighting

Have you ever walked down the freezer aisle of a store and found that the cases look a little dark? Then, as you approach, the insides light up. I personally love that! It makes...

Construction headwinds pick up in January

Housing production softened in January as rising lumber prices continue to affect the housing industry. Overall housing starts decreased 6.0 percent to a seasonally adjusted annual rate of 1.58 million units, according to a report from the...
builder confidence falls

Builder confidence falls in May on higher interest rates

With mortgage rates averaging above 7% for the past four weeks per data from Freddie Mac, builder sentiment posted its first decline since November 2023. Builder confidence in the market for newly built single-family homes...

Single-family starts post solid gain in May

Limited existing inventory combined with solid demand and improving supply chains helped push single-family starts to an 11-month high in May. Overall housing starts in May increased 21.7 percent to a seasonally adjusted annual rate...

Builder confidence edges higher in March but future outlook uncertain

Although high construction costs and elevated interest rates continue to hamper housing affordability, builders expressed cautious optimism in March as a lack of existing inventory is shifting demand to the new home market. Builder confidence...

NMHC and NAA urge Congress to deploy tax policy to create more affordable housing...

Tax policy is a critical tool that can be used to address the nation’s housing affordability crisis. National Multifamily Housing Council (NMHC) President Sharon Wilson Géno delivered that message to the Senate Finance Committee...

NMHC and NAA applaud Congress and the administration on highlighting rental housing industry

NMHC and NAA applaud congressional leaders and the Administration for negotiating in good faith and securing an agreement that addresses a number of substantial issues facing the rental housing industry, especially housing affordability. Today’s spending...

When net zero is not net zero

With increasing frequency, the term net zero is entering conversations around the design and operation of the built environment. This is an important goal, but what if what we are designing and calling net...

Cool ROI through property maintenance

One of the most overlooked aspects of property management is maintenance. The maintenance team is on the front lines of the community, interacting with and satisfying residents, and saving money by extending the life...

The second life of recycling

Have you ever watched a Godzilla movie? Just when you think Godzilla is on the ropes and going down, dying, he gets up stronger and more powerful and angrier. Recycling is kind of like...
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