Jobs market growth stalls
The Employment Situation Report for February from the Bureau of Labor Statistics (BLS) shows little change in employment in jobs categories of interest to builders and operators of multifamily housing. Total employment The BLS reported that...
MF industry responds to Congresswoman Marcia Fudge’s confirmation as HUD Secretary
Marcia L. Fudge was officially sworn in as the eighteenth Secretary of Housing and Urban Development. Secretary Fudge took the oath the evening of March 10 after the Senate voted to confirm her. As Secretary...
Rent Payment Tracker: Payments up from last month
The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 80.4 percent of apartment households made a full or partial rent payment by March 6 in its survey of 11.6 million units of professionally...
Residential construction spending jumps in January
The Census Bureau’s report on residential construction spending for January shows a 2.7 percent increase from December’s level. Overall construction spending was up 0.9 percent for the month and was 3.8 percent higher than...
Multifamily property values increase in January
Recent reports from CoStar and from Real Capital Analytics (RCA) show that multifamily property values continued to rise in January. Defining the indices The CoStar report focuses on a relative measure of property values called the...
Renters’ credit scores improve despite COVID
A new report from TransUnion paints a relatively positive picture of the financial positions of America’s renters as we head into 2021. Collecting the data TransUnion has done an analysis of renter credit activity data the...
New priced out study highlights the housing affordability crisis
A new study by the National Association of Home Builders (NAHB) puts a spotlight on the nation's housing affordability crisis and illustrates how even a relatively small increase in the price of a home can prevent hundreds...
Best in American Living awards embrace top design trends for 2021
More than 160 single-family, multifamily, interior design, remodeling and community projects were honored at the 2020 Best in American Living Awards (BALA) virtual ceremony. The awards are sponsored by Monogram Luxury Appliances, and the media partner is Professional...
Excellence in multifamily housing
The National Association of Home Builders (NAHB) has sponsored the Pillars of the Industry awards for more than 20 years. The awards recognize excellence in all areas of multifamily home design, development, building, management and...
The heart of a multifamily housing professional
And the winner is I love that line. It’s that time of year when we recognize the best in class within our great industry. NAHB’s coveted Pillars of the Industry winners are in and, man,...
Infographic: The wild ride of Big Tech
Our government has abandoned a rich and socially beneficial history of trust-busting to allow big tech to dominate people’s lives. Tim Wu, The Curse of Bigness Big tech value Facebook, $759 billion Amazon, $1.6 trillion Netflix,...
Infographic: Deconstructing a society in lockdown
Economic lockdowns come with unintended consequences—economic destruction, surging poverty and decline in mental health among them. A new study suggests the lockdowns may not save lives. Frontiers in Public Health concluded that neither lockdowns...
The new energy agenda
Fighting climate change is at the forefront of President Joseph Biden’s $2 trillion renewable energy plan. While legislation will be required to fully implement the plan, he is expected to begin with a whirlwind...
Turning point for public housing
In New York City, hundreds of public housing residents live in buildings where the elevators don’t work—like Building Four at The Bay View Houses, a public housing project in the Canarsie neighborhood of Brooklyn....
Property rights grab
With so many Americans out of work and unable to pay their rent, the Centers for Disease Control and Prevention instituted a nationwide eviction ban on residential rental properties. With the moratorium originally set to...