Things to watch, what to know, in your apartment operation
Tag: Apartment Watch
Above trend rent growth continues in July
The latest rent report from Apartment List shows that the national average rent growth in July was 1.1 percent month-over-month and 12.4 percent year-over-year....
NMHC and NAA statement on Biden Administration plan to increase housing supply
The National Multifamily Housing Council (NMHC) and National Apartment Association (NAA) applaud the Biden administration for continuing to recognize the nation’s critical shortage of...
U.S. needs 4.3 million more apartments by 2035 to address demand, deficit and affordability
Amidst demographic shifts and lingering pandemic impacts on the population and broader economy, the U.S. faces a pressing need to build 4.3 million new...
Higher interest rates begin to impact multifamily
Apartment sales volume fell while both equity and debt financing became more costly, according to the National Multifamily Housing Council’s Quarterly Survey of Apartment...
Fannie Mae sees slower economic growth ahead
Fannie Mae’s July economic and housing forecasts predict negative GDP growth in Q2 2022 and a recession in early 2023. The slowdown in economic...
NAHB now accepting Pillars Awards applications
Since 1990, the National Association of Homebuilders (NAHB) has sponsored the Pillars of the Industry Awards to recognize excellence in apartment and condominium design and development,...
Pulse Survey shows slow response to rental assistance requests
The “Week 47” edition of the Census Bureau’s Pulse Survey shows that about one in seven renters are behind on their rent payments. This...
Multifamily housing construction looking strong heading into summer
The Census Bureau’s new residential construction report for June showed multifamily permits and starts both recovering from last month’s declines. Unit completions fell during...
Builder confidence plunges as affordability woes mount
Builder confidence plunged in July as high inflation and increased interest rates stalled the housing market by dramatically slowing sales and buyer traffic. In...
Yardi Matrix reports high but declining rent growth
Yardi Matrix reported that the national average apartment rent rose $19 in June to $1,706 per month. However, this is $26 per month higher...
Construction materials prices higher despite lumber price drop
The Bureau of Labor Statistics (BLS) released its producer price index report for June 2022. It stated that construction materials prices were up 0.3...
Sponsored: 6 must-ask questions for any managed WiFi provider
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Inflation puts multifamily wages under pressure
The wage data the Bureau of Labor Statistics (BLS) released along with its employment situation report show that hourly wage growth for three categories...
MBA looks ahead
The Mortgage Bankers’ Association (MBA) recently released its Q1 2022 quarterly databook. It contains some data that they had previously released but it also...
Sponsored: Managed Wi-Fi Mythbusters
Myth #1: “Managed Wi-Fi is not secure.” BUSTED! Managed Wi-Fi is actually more secure than individual resident networks. Some providers, like DISH Fiber, offer enterprise-grade firewalls...
