Wednesday, November 20, 2024

Midwest

Multifamily oversupply conditions are improving

Multifamily oversupply conditions are improving, but not out of the woods yet. The good news is that some relief is expected by 2025, but Sunbelt markets may take 12 to 18 months...
Rents fall behind inflation

Rents fall behind inflation

Tracking rents is important for understanding the dynamics of the housing market. For example, the sharp increase in rents helped me deduce that there was a surge in household formation in 2021 (September 2021:...

Apartment occupancy holds steady amid historic supply

Apartment occupancy held steady in May, marking the seventh straight month in which occupancy remained at or above 94.1 percent. Rent change fundamentals also remained steady, solidifying the idea that the nation...
Three benefits that could come from the Metaverse

Multifamily’s prime leasing season altered by pandemic

Multifamily property management has entered its historical leasing season, which runs from May through September with July and August typically seeing the most volume. But according to a write-up in RealPage Analytic's...
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