Fannie Mae raises forecast for multifamily housing production
Fannie Mae’s August economic forecast projects lower GDP growth for the rest of 2021, partially offset by higher GDP growth for Q1 2022. Their housing forecast anticipates more multifamily housing starts in 2021 and...
Power Hitters with Greg Anderson
Yield PRO TV presents NAHB Power Hitters. Host Linda Hoffman talks with Greg Anderson, SVP of Shea Properties. Transcript: NAHB Power Hitters interview. Linda Hoffman with Greg Anderson, recorded August 5, 2021 (music) Linda Hoffman: Once upon...
Multifamily construction sentiment declines in second quarter
Confidence in the market for new multifamily housing decreased in the second quarter, according to results from the Multifamily Market Survey (MMS) released August 19 by the National Association of Home Builders (NAHB). The...
Multifamily housing construction: permits up, starts down
The Census Bureau released its monthly new residential construction report for July 2021. It reported good results for permits, starts and completions compared to long-term averages, if not when compared to recent highs. Multifamily housing...
Rent payment delinquencies down slightly in July surveys
The week 34 release of the Census Bureau’s Pulse Survey shows that the portion of renters who are behind on their rent payments is down slightly over the last month. In addition, the NMHC...
Easing the squeeze
The American dream of homeownership has become inaccessible for many, thanks to historically high home prices that are keeping prospective buyers in the rental market. But increased demand for rental housing—along with dwindling supply—continues to...
A great deal of ruin in a nation
Asked if the loss of the American colonies would mean ruin for Britain, Adam Smith replied, “There is a great deal of ruin in a nation.” Even after the loss, Britain went on to...
Infographic: The United States of apartment owners
50 largest multifamily housing owners by location Shifting public opinion 58% Americans are pro real estate development compared to 49% y/y 40% support higher density apartments or taller buildings 46% say affordable housing is beneficial, up y/y from...
Infographic: The hidden tax on residents
When the government prints money to cover its spending, the dollar is devalued and taxpayers pay. The $1,000 bill was a gold certificate in 1918. It moved off the gold standard in 1928 to a...
Infographic: Man-made chaos
State-mandated lockdowns began a cascade that especially devastated lower income people and continues to adversely impact the business of property management. Government interference with the ability to collect rent has left many investors unable to maintain...
Infographic: Help wanted
Unprecedented! 10.1 million openings Jobs 22 million jobs lost from lockdowns; almost three quarters of these have been replaced 13 million Americans still receive some form of government unemployment as well as many other government incentives (free...
Residents crave (internet) connection
Apartment renters are increasingly picky about the internet in their homes. A growing number won’t live where they can’t get good service. Until recently, property managers didn’t have to worry about the internet service at...
Small landlords call it a day
Extended rent moratoriums and the slow distribution of billions in federal rent assistance are driving many small landlords to call it quits. “Nobody wants to become a landlord anymore,” said Diane Baird, executive director of...
Prop tech paves the way
As an asset manager, it’s your responsibility to ensure that your assets remain competitive and relevant, manage risk, drive revenue growth, and consequently find ways to increase the value of your property. If those...
Flexible leases form start-up
Investors are pumping money into real-estate startups that are pioneering flexible ways to rent apartments on the belief that remote working trends and new forms of housing demand will remain long after the pandemic...
