Things to watch, what to know, in your apartment operation
Tag: Apartment Watch
Single-family construction slowdown less pronounced in lower density markets
While single-family home building has slowed significantly from pandemic-fueled highs because of higher interest rates and construction costs, the slowdown is less pronounced in...
California rent control: one measure advances as another fails
California Senate Bill 466 was withdrawn by its author after failing a floor vote. At the same time, a proposed rent control ballot measure...
FHFA requests input on multifamily tenant protections
On May 30, the Federal Housing Finance Agency (FHFA) issued a Request for Input (RFI) on tenant protections at multifamily properties with mortgages backed...
Rent growth rate flat in May
The latest rent report from Apartment List shows that the national average monthly rent growth in May was a positive 0.5 percent, unchanged from...
JOLT data shows job openings rebound
The Job Openings and Labor Turnover (JOLT) report from the Bureau of Labor Statistics (BLS) said that the number of job openings in April...
Multifamily property prices down in April as transactions plunge
CoStar reported that its value-weighted index of multifamily property prices fell 12.2 percent year-over-year in April. This index was down 1.4 percent month-over-month. While last...
Industry associations respond to Supreme Court WOTUS ruling
In Sackett v. EPA, the Supreme Court ruled 9-0 that the Clean Water Act only applies to wetlands that have a continuous surface connection...
Multifamily property prices again lead decline
The latest commercial property price report from MSCI Real Capital Analytics said that multifamily property prices fell 1.5 percent in April from their level...
Rent delinquencies edge higher in latest Pulse Survey
The “Week 57” edition of the Census Bureau’s Pulse Survey shows that the portion of renters with rent delinquencies rose to 13.8 percent, up...
CoreLogic reports declining SFR rent growth
CoreLogic reported that their single-family rent index (SFRI) for March rose 4.3 percent from its year-earlier level, the lowest single-family rent growth rate since...
Lack of resales provides boost to new home sales in April
Stabilizing mortgage rates and a lack of resale inventory provided a boost for new home sales in April, even as builders continue to wrestle...
Housing Affordability Coalition statement on congressional letter on housing policy solutions
19 national real estate associations joined together to release a letter to policymakers urging Congress to work with the Biden Administration, housing providers, lenders...
Fannie Mae sees higher multifamily housing starts in 2023
Fannie Mae’s May economic and housing forecast reduces the depth of the predicted downturn in multifamily housing starts. It also delays the start of...
Two-year pilot program confirms need for mental health resources in construction
A pilot program focused on mental health issues in the residential construction industry recently confirmed the need for a more deliberate and permanent effort...
NAHB launches revised multifamily market survey
The National Association of Homebuilders (NAHB) has introduced a pair of new indexes assessing sentiment within the multifamily industry. These new indexes are a...
