8 ways to recruit residents using smart apartment technology
Multifamily properties that lag behind and refuse to change with the times are going to struggle to remain competitive in the future. On the flip side, property managers who use technology as an amenity...
Is workforce housing a dying breed?
The traditional image of a renter household has undergone some changes over the last 10 years. Renter households are now drawing in those who are older, wealthier and with children. Developers have responded to this...
Apartment industry statement on the extension of the National Flood Insurance program
Statement from the National Multifamily Housing Council (NMHC) and National Apartment Association (NAA) on the extension of the National Flood Insurance Program (NFIP). “The National Multifamily Housing Council and the National Apartment Association applaud Congress...
Rent growth levels out in top markets
While apartment rents are still growing nationally, in a few cities and submarkets rents are growing more slowly or even beginning to shrink. “The only spots where you might find effective rents dropping are in...
Keeping up with school
Among 120 universities assessed, 63 percent are achieving rental rate growth above the national average, and nearly 30 percent of those are seeing growth rates of 4 percent or more. At the same time,...
Two senators are proposing national rent relief bills. Here’s why it matters
Homelessness is rising, 40 percent of Americans can’t afford basic necessities, and 38 percent of renters spend more than one-third of their income on housing. Two senators have proposed legislation to address the national...
5 things to do when you feel overwhelmed by your workload
You might feel anxious that you’re not working during times that are incompatible with working, like when you’re buckling your child into their car seat or you’re stuck in traffic. You may even feel...
The advantages of soundproofing patio doors in commercial properties
For the managers of apartment and office buildings, condo developments, and retirement communities, the constant din of traffic, roar of aircraft, or clanking of railways can depress rental, lease, and occupancy rates. By disturbing sleep...
The death of the small apartment building
Developers in the U.S. built 358,000 units of new multifamily housing in 2017. That’s less than half the number of single-family homes built last year, but the gap between the two has narrowed a...
New NMHC white paper explores the Internet of Things and the apartment sector
The Internet of Things (IoT) presents the apartment industry with both opportunities and challenges. The National Multifamily Housing Council (NMHC) has published a new white paper, Smart Communities: The Internet of Things & the...
HUD Deputy Secretary Pamela Hughes Patenaude earns prestigious housing award
Today, U.S. Department of Housing and Urban Development Deputy Secretary Pamela Hughes Patenaude received the 2018 EPIQ Impact Award from CoreLogic. Patenaude earned the recognition because of her outstanding accomplishments in the areas of...
July apartment market conditions show improvement; construction labor reported as both more expensive and...
Apartment market conditions improved across three of the four indexes measured by the July National Multifamily Housing Council (NMHC) Quarterly Survey of Apartment Market Conditions. The Sales Volume (55), Equity Financing (56) and Debt...
HUD awards $14 million to help low-income public housing residents secure higher paying jobs
To help low-income public housing residents increase their income and move toward self-sufficiency, the U.S. Department of Housing and Urban Development (HUD) today awarded $14 million to seven Public Housing Authorities (PHAs). HUD’s Jobs Plus...
HUD and DOJ launch public awareness campaign against sexual harassment in housing
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Justice (DOJ) today released a public service announcement (PSA) to raise awareness of housing-related sexual harassment and to reach persons...
NAHB supports Trump’s workforce development plan; pledges to train 50,000 new workers
Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom home builder from LaPlace, La., today issued the following statement in support of the White House executive order on workforce development: "NAHB applauds President...
