Saturday, December 21, 2024

PRO Blog

Comfort animals at NAA next month

There’s no better way to assess your potential Fair Housing risk than to hear it from someone who makes a living suing noncompliant businesses… and usually wins. The Erin Brockovitch of civil rights, Martie...
multifamily housing construction

Census releases housing construction data for April, 2018

The Census Bureau, in conjunction with the Department of Housing and Urban Development (HUD), released its monthly new residential construction report for April, 2018. The report shows a drop in permits and construction starts...
leasing

Multifamily job openings up for March

The Bureau of Labor Statistics (BLS) has released its Job Openings and Labor Turnover (JOLT) report for March. It showed that job openings were at their highest level since since this economic measure began...
construction tools

Help (still) wanted in construction

The Job Openings and Labor Turnover (JOLT) report for March from the Bureau of Labor Statistics (BLS) indicates continued strength in the number of construction job openings, which is near the high reached at...

California: The great housing bust

California is the sixth biggest economy in the world according to the U.S. Bureau of Economic Analysis. Legislators like to tout that fact. They often forget to add that the state also has both the highest...

Dallas adopts its first housing policy

This week the Dallas City Council approved its first-ever housing policy intended to help remedy its affordable housing shortage, a deficiency estimated to be around 20,000 units. The plan attributes the shortfall to the...
OSB stack

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...
apartment solar

California mandates solar panels for new apartments

Today the California's Energy Commission in a unanimous 5-0 vote mandated the installation of solar panels on every new home and low-rise apartment building. The newly-minted regulation requires that all apartments buildings of 3-stories or...

As California goes…

California's state constitution, culture and oh-so much more, empowers the state's bleeding edge progress—and high degree of volatility. Certainly the Golden State's penchant for both experimentation and social turmoil feeds the carefully crafted aphorism:...

The grandest of urban experiments

San Francisco has a housing problem. Among other challenges, tech has overtaken the City and exacerbated a housing shortage that was already one of the worst in the country. The parallel problems of an epidemic...

It’s great to be in the apartment business

It’s Five Bullet Friday and it’s great to be in the apartment business. Rents have generally remained steady, apartment construction is up, and Mike Rowe’s campaign to energize the construction industry is working. Without...

Zuckerberg implements changes to Facebook news

Social advertising is the top communications channel for apartment communities to rent units and retain residents within their communities, particularly Millennials. Facebook's reach is most heavily weighted toward the 22-37 age group by 70...

Growth through high density housing

An organization called Up For Growth has issued a report on housing underproduction in the U.S. along with their proposed approach for addressing the problem. Primarily, the group calls for easing restrictions on development...

Micro-units remain big for some apartment developers

If you think micro-units have had their 15 minutes of fame, think again. Think tanks, policy makers and apartment notables are looking at high-density multifamily housing as a viable solution to the affordable housing...
Justice

Seattle to appeal rejection of first-in-time law

The Seattle Times reports that Seattle City Attorney Pete Holmes will appeal the ruling which declared the city's first-in-time, first-in-line renter protection law to be unconstitutional. Holmes filed a notice of appeal directly with...
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