Things to watch, what to know, in your apartment operation
Tag: Apartment Watch
New NMHC construction survey finds record impact on availability of construction labor
A record 93 percent of multifamily developer respondents reported construction delays in the jurisdictions where they operate, according to the eighth edition of the...
HUD awards $143 million in grants to support construction and project rental assistance for...
The U.S. Department of Housing and Urban Development’s (HUD) Office of Multifamily Housing Programs announced on Wednesday that it has awarded $143 million in...
Upzoning coming to California
California Governor Newsom recently signed a series of bills seeking to address the shortage of housing in the state. The bills. SB-8, SB-9 and...
Builder confidence steadies as material and labor challenges persist
Builder confidence inched up in September on lower lumber prices and strong housing demand, even as the housing sector continues to grapple with building material supply...
HUD announces $180+ million in COVID-19 funding for multifamily owners
The U.S. Department of Housing and Urban Development’s (HUD) Office of Multifamily Housing Programs announced that it is opening a new application period for...
CBRE: Foreign investment in multifamily lower in 2021
A new report from CBRE found that both the dollar value of foreign investment in multifamily properties as well as foreign investment’s share of...
ULI Foundation announces $1 million gift to launch effort to decarbonize cities
The Urban Land Institute (ULI), a global research and education organization focused on shaping the future of the built environment for transformative impact in...
Construction materials prices up despite lumber price declines
The Bureau of Labor Statistics (BLS) released its producer price index report for August 2021. It showed that construction components and materials prices were...
Nation’s apartment industry testifies before the House Committee on financial services
On behalf of the nation’s rental housing industry, the National Apartment Association (NAA) and National Multifamily Housing Council (NMHC), David Schwartz, Chairman and CEO...
Mortgage payments for new homebuyers are rising faster than rents
The national median monthly mortgage payment for homebuyers rose 67 percent faster than rents during the same period, according to a new report from...
Yardi Matrix reports record rent growth
The latest rent report from Yardi Matrix shows record growth in multifamily asking rents for the country as-a-whole in August, with SFR rent growth...
Job openings again set record in July
The Bureau of Labor Statistics (BLS) recently released the Job Openings and Labor Turnover (JOLT) report for July. It again reported a series record...
HUD releases new research on increasing affordable housing production and preservation
The U.S. Department of Housing and Urban Development released its latest research on innovative strategies being pursued by state and local governments to remove regulatory barriers...
Rent Payment Tracker: September payments down 4.4 percent
The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 72.0 percent of apartment households made a full or partial rent payment by September...
Fastest home building activity continues in suburban, exurban communities
Residential construction continued to shift toward the suburbs and lower-cost markets, and this trend is especially pronounced within the multifamily sector, according to the latest Home...
