Things to watch, what to know, in your apartment operation
Tag: Apartment Watch
CoreLogic reports record SFR rent growth
CoreLogic reported that the year-over-year rent growth for single-family rentals (SFRs) in January was 12.6 percent. This is the highest rate they have seen...
Diminished future sales expectations, rising costs lower builder confidence
Ongoing lumber and building material supply side constraints, rising construction costs and expectations of higher interest rates continue to negatively affect builder sentiment even...
Plywood again leads construction materials prices higher
The Bureau of Labor Statistics (BLS) released its producer price index report for February 2022. It stated that construction materials prices were up 1.2...
Rents continue to climb in February
Yardi Matrix reports that rents moved sharply higher in February, despite it traditionally being one of the slower months for rent growth. Rents growth persists Yardi...
NAHB calls for ending lumber tariffs, boosting production at White House event
The National Association of Home Builders (NAHB) urged the Biden administration to increase domestic production of timber from federal lands and to work with...
Investor demand for real estate grows to new heights as U.S. heals from pandemic,...
Commercial real estate investment has bounced back from its COVID-19 nadir, with investor demand reaching new heights and capitalization rates declining across the real...
Rent delinquencies up slightly in latest Pulse Survey
The “Week 42” edition of the Census Bureau’s Pulse Survey has been released. It shows that the portion of renters with rent delinquencies moved...
Emergency Rental Assistance funds still flowing
A recent report by the U.S. Department of the Treasury states that, as of the end of January 2022, 69 percent of the $25...
Job openings top 11 million in January
The January Job Openings and Labor Turnover (JOLT) report from the Bureau of Labor Statistics (BLS) said that the number of job openings remained...
Mixed multifamily jobs report for February
The latest Employment Situation Report from the Bureau of Labor Statistics stated that the number residential construction jobs rose for the month, but apartment...
Industry applauds introduction of Choice in Affordable Housing Act
The National Multifamily Housing Council (NMHC) and the National Apartment Association (NAA) applaud the introduction of the Choice in Affordable Housing Act, bi-partisan legislation...
FHFA announces $1.138 billion investment in housing trust fund and capital magnet fund
On February 28, Federal Housing Finance Agency (FHFA) Acting Director Sandra L. Thompson announced that the Housing Trust Fund and Capital Magnet Fund will...
Single-family and multifamily growth solid but trended in opposite directions in last half of...
New findings from the National Association of Home Builders (NAHB) Home Building Geography Index (HBGI) show that the rate of year-over-year single-family growth in...
Multifamily property prices continue sharp rise in January
A new report from Real Capital Analytics (RCA) said that multifamily property prices rose 22.5 percent year-over-year in January and that they rose 1.9...
Multifamily construction sentiment ends Q4 on positive note
Confidence in the market for new multifamily housing improved in the fourth quarter of 2021, according to results from the Multifamily Market Survey (MMS)...