The rent’s too high? Ease runaway regulation
There’s not enough affordable rental housing in America, and not enough deals that pencil to build more. The lack of land, labor and lumber are all major obstacles to building more units, but regulation...
CDC issues new eviction ban extension
On August 3, the CDC issued a new extension to its moratorium on evictions. The latest extension is scheduled to run until October 3, 2021. While, the CDC had said that it expected that...
New privacy laws will affect California apartment owners
California has passed a consumer privacy law that will compel significant changes on companies that deal in personal data. Silicon Valley internet companies, tech companies, and many other stakeholders were involved in the negotiation...
Jobs markets show strength
The Job Openings and Labor Turnover (JOLT) report for January was recently released by the Bureau of Labor Statistics (BLS). Its data on the parts of the job market of interest to the multifamily...
If you’re suffering from Facebook fatigue, let’s switch it up.
In a series of tweets this week, a web developer outlined exactly what the mega search giant knew about him dating back to 2008. IT specialist Dylan Curran downloaded both his Facebook and Google...
Construction materials prices continue their advance
The Bureau of Labor Statistics (BLS) released its producer price index report for December 2021. It showed that construction materials prices were up 1.5 percent in the month, seasonally adjusted. The index was 22.0...
SFR rent growth rate continues slow decline
CoreLogic reported that their single-family rent index (SFRI) for October rose 2.5 percent from its year-earlier level. This is down from the 2.6 percent year-over-year rent growth reported last month. October marks 18 months...
Yardi Matrix reports solid rent growth in June
Yardi Matrix reported that national average apartment rent increased $7 in June from the revised level of the month before. The average rent reached $1,726 per month.
Year-over-year rent growth rate continues to fall
The national...
Multifamily property prices continue slide
CoStar reported that its value-weighted index of multifamily property prices fell 1.0 percent month-over-month in March, the seventh decline in a row. This index was down 11.0 percent year-over-year.
The value-weighted index of non-multifamily commercial...
Multifamily jobs markets diverge
The Job Openings and Labor Turnover (JOLT) report for August was released by the Bureau of Labor Statistics (BLS) recently. Its data on the parts of the job market of interest to the multifamily...
I’m afraid to blink.
Never before has the world been safer, freer, wealthier, or healthier.
In 2014, 54 percent of the nation’s counties had zero murders and more than half of last year’s murders occurred in only two percent...
Construction material prices rise more slowly
The Bureau of Labor Statistics (BLS) released its Producer Price Index for April on Wednesday. It showed that overall prices for processed goods for intermediate demand were up 0.7 percent from March and they...
NMHC top 50 lists released
The National Multifamily Housing Council (NMHC) released its list of the largest firms in the US multifamily housing industry. The firms are ranked by units in buildings with 5 or more units. The results...
Mixed report on multifamily housing construction in November
The Census Bureau released its monthly new residential construction report for November 2020. It shows a pickup in multifamily housing construction permits and starts but a sharp fall in the rate of completions of...
Light and the secret to well-being. A future with no blinds.
A couple of years back we learned at the Energy Summit that light not only regulates our circadian rhythm, sleep patterns, dopamine levels and more, but also that the quality of the light in...
