Job openings remain elevated in August
The Bureau of Labor Statistics (BLS) recently released the Job Openings and Labor Turnover (JOLT) report for August. It reported that the number of job openings fell slightly but remained at a high level. Evaluating...
Multifamily jobs markets see gains in September
The latest Employment Situation Report from the Bureau of Labor Statistics stated that both residential construction jobs and apartment operations jobs were up for the month. Total employment grows slowly for the month The BLS reported...
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...
NAA analysis finds U.S. households spend 27 percent of income on rent
The National Apartment Association (NAA) has released new research analyzing rent-to-income percentages, which are based on professionally managed residential lease applications screened by TransUnion’s ResidentScreening platform. As the nation continues to grapple with housing...
Pillars Awards application window closes soon
Since 1990, the National Association of Homebuilders (NAHB) has sponsored the Pillars of the Industry Awards to recognize excellence in apartment and condominium design and development, interior merchandising and superior property management and marketing....
NMHC and Entrata partner to release student housing benchmarks
NMHC and Entrata announced a new partnership to release key benchmarks on the student housing industry. National and regional (Midwest, Northeast, South, Southeast, West) data will be updated on a monthly basis with the...
HUD to issue rule protecting tenants facing evictions for non-payment of rent in HUD-assisted...
The U.S. Department of Housing and Urban Development (HUD) on Wednesday announced that it will publish a rule that prohibits the eviction of tenants facing eviction for nonpayment of rent from HUD-subsidized public housing...
Residential construction spending plateaus in August
The Census Bureau’s report on residential construction spending shows that the value of residential construction put in place in August was up 24 percent year-over-year but up only 0.4 percent month-over-month. Improvements lead growth The reported...
NAHB Power Hitters with Gregory Peek
Yield PRO TV presents NAHB Power Hitters. Host Linda Hoffman talks with Gregory Peek, President of ERGS, Inc. Transcript: NAHB Power Hitters interview. Linda Hoffman with Gregory Peek, recorded September 30, 2021 (music) Linda Hoffman: Today I...
NMHC releases 2021 student housing income and expense survey
The National Multifamily Housing Council (NMHC) released the 2021 NMHC Student Housing Income and Expense Survey. This survey provides detailed descriptive statistics for the 2020 calendar year income and expense statements of 953 private off-campus student...
Banks increase share of multifamily mortgage debt in Q2
A Mortgage Bankers Association (MBA) report on commercial and multifamily mortgage debt shows that the GSEs continued to be the largest source of net new multifamily mortgage funds in Q2. However, for the first...
The great migration
The future of the apartment industry looks bright. Demand for rental homes is strong, rent growth has returned to pre-pandemic levels and renters who fled major cities in 2020 are showing renewed interest in...
The case for optimism
Clarity of purpose guides the path forward in every time and every place. Whether in life, business or country, we will be neither the first, nor the last, to face adversity. Whether we despair...
Infographic: Digital exposure
World Economic Forum (WEF) announced the results of its first global simulation in October, 2019, predicting a catastrophic pandemic. Months later the world was hit with COVID. Their latest sim predicts a worldwide cyber...
Infographic: Pandemic pivot
Lockdowns fueled yet another wave of automation for many property management businesses. AI and 5G are expected to continue the momentum as the internet of things continues to grow and expand. 3 million jobs...