Residential construction spending rises
The Census Bureau’s report on construction spending shows that the value of residential construction put in place in May was up 0.2 percent from the revised level for April. Overall construction spending was up...
Multifamily jobs markets mixed again in June
The latest Employment Situation Report from the Bureau of Labor Statistics shows that jobs categories of interest to builders and operators of multifamily housing had a mixed performance in June. Total employment growth up for...
Power Hitters with Ziv Cohen
Yield PRO TV presents NAHB Power Hitters. Host Linda Hoffman talks with Ziv Cohen, Chief Investment Officer of The Resmark Companies. Transcript: NAHB Power Hitters interview. Linda Hoffman with Ziv Cohen, recorded June 17, 2021 (music) Linda...
Power Hitters with Neil Brown part 2
Yield PRO TV presents NAHB Power Hitters. Host Linda Hoffman talks with Neil T. Brown, CEO/Founder of ArchCo Residential LLC.
Supreme Court keeps CDC eviction moratorium in place
The U.S. Supreme Court has declined to act to set aside the CDC’s eviction ban. The ban is currently scheduled to expire July 31, 2021 but it has been repeatedly extended in the past...
CoStar reports steady rise in multifamily property prices
A recent report from CoStar indicates that the remarkably steady rise in multifamily property prices that has taken place over the last two years continued in May. CCRSI defined The CoStar report focuses on a relative...
HUD seeks to revive Obama-era disparate impact rule
On Friday June 25, the Department of Housing and Urban Development (HUD) announced that they have published a notice of proposed rulemaking (NPRM) on disparate impact entitled “Restoring HUD’s Discriminatory Effects Standard”. The objective of...
Absolute zero
Decades of underinvestment and underbuilding continue to deepen a national housing shortage decoupled from demand since the 1980s. This was recently underscored by a report released in June by the National Association of Realtors...
Only dead fish swim with the current
It’s a glorious day in the rental business. I would say apartments, but the industry has been transitioning—again—to include single-family rentals (Demand drives pricing and Blackstone buys SFR portfolio). Moving with the market is our...
Infographic: Down the rabbit hole
Getting to the bottom of an artificial labor market 3 million unemployed U.S. persons New jobless claims rise even after many states opt out of the feds’ unemployment program $300-a-week bonus unemployment benefits enacted...
Infographic: Where has all the housing gone?
No labor. No materials. Rising costs and more regulations. The lack of housing grows. 5 million more housing units needed to pace demand 5 million of these are multifamily units Housing production fell as demand...
Infographic: The changing American dream
Homeownership peaked at 69% in 2004, then fell for years thereafter before rebounding in 2020 to 66%. Fundamentals are set to change the business model on renting vs. buying for some time to come. Corporate...
Consider the alternative
The pandemic has made large cash deposits a financial burden for some residents seeking to relocate. Providing alternatives to security deposits makes move-in more accessible and reduces long-term risk across multifamily portfolios. Some state and...
Rent relief for some
California Governor Gavin Newsom, along with leaders of the California state Assembly and Senate, reached agreement on Assembly Bill 832. This will increase the portion of unpaid rent owed by the state’s renters which...
Demand drives pricing
The U.S. multifamily sector remains an attractive option for real estate investors looking for a safe haven. Beyond the pool of traditional buyers who are actively acquiring apartment properties, the sector has become a...
