Free to build
The overregulation of American housing markets began in the nation’s coastal, educated, productive enclaves. Over time, how-ever, barriers to building have spread. Tony suburbs of Phoenix and Austin, which once left their builders free...
Navigating uncertain times
If there is one word that best describes what’s impacting today’s multifamily market it’s uncertainty says National Apartment Association CEO Robert Pinnegar.
In the wake of the Federal Reserve’s seven interest rate hikes that began...
Progress for NYCHA
The growing plan to save NYC’s public housing is heating up.
In 2023, workers will finish renovations at thousands of public housing apartments in New York City.
That might sound like a lot—but it’s just a...
NAHB Pillars of the Industry finalists 2022
As part of its mission to promote excellence in multifamily home building, the National Association of Home Builders (NAHB) has sponsored the Pillars of the Industry awards for more than 20 years. These awards...
The creators
“Beauty is the promise of happiness,” wrote 19th Century French writer Stendhal. Beauty “exalts the mind or spirit,” according to Merriam-Webster and “truth, beauty and goodness” are the eternal principles for which the soul...
High interest rates stymie apartment investment
Few are executing new deals amid uncertainty about how high rates will go, what properties are worth, how much rents and operating costs will grow and whether a recession is coming.
Higher interest rates have...
Our perception of skilled trades needs to change
The U.S. is in the midst of a crisis of masculinity. According to a new study from the Federal Reserve Bank of Boston, men without four-year college degrees, ages 25 to 54, have left...
An inside job
Only by contact with evil could I have learned to feel by contrast the beauty of truth and love and goodness. —Helen Keller
There’s a lot of unhappiness out there. Certainly there are legitimate reasons...
The housing boom is already over. The housing shortage will continue.
As mortgage rates have risen this year, the buyer demand for homes has fallen. That has spelled trouble for the home construction business. Homebuilder confidence dropped for the tenth straight month in October. The...
Unlocking a smart future
Smart technology is unlocking the door to a better experience for apartment renters, making management’s job easier and increasing the value of multifamily assets, say providers of smart apartment technology, the latest industry trend.
Companies...
SFFR up their game
According to new data from the current Single-Family Rental Market Index (SFRMI) by the National Rental Home Council (NRHC) and John Burns Real Estate Consulting (JBREC), homes built for the purpose of renting—build-for-rent homes—accounted...
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...
Suburban rise
Desperate landlords now offer as much as three months free rent to potential renters at new, Manhattan apartment towers.
“There is a considerable amount of pain—20 to 25 percent declines in effective rents,” according to...
Renters on the edge
Despite the chaos caused by the coronavirus, professional property managers are still getting rent checks from most resident.
It may be a sign of the times, but apartment experts are happy that most renters are...
Knocking the rust off the Rust Belt
Investments into one of the nation’s poorest zip codes in the Rust Belt are fueling an historic preservation and mixed-use redevelopment project on three blocks in Erie, Pa.’s downtown core, setting a national standard...
