Tag: Blog
Multifamily starts forecasts revised lower
Revisions to Fannie Mae’s July housing forecast reduce the number of multifamily starts expected in 2025 and 2026 from those in last month’s forecast....
MSCI: Multifamily property prices break their fall in June
The latest commercial property price report from MSCI Real Capital Analytics said that multifamily property prices were unchanged in June compared to the revised...
Congress considers the future of the HOME program
The HOME Investment Partnerships Program, the largest federal block grant dedicated to affordable housing, is at the center of an intense funding battle for...
Multifamily starts recover while completions plunge in June
The Census Bureau’s report on new residential construction stated that multifamily permits rose slightly in June. Multifamily starts recovered most of last month’s fall...
Construction materials prices higher despite lumber price decline
The producer price index (PPI) report from the Bureau of Labor Statistics (BLS) stated that construction materials prices rose 0.3 percent month-over-month in June...
Yardi Matrix: Rents continue slow rise in June
Yardi Matrix reported that the national average asking apartment rent was up $3 in June compared to the revised level of the month before at...
With cash infusion, Entrata pursues AI opportunities
When Dave Bateman and Johnny Hanna submitted their business plan to a competition at BYU-Idaho in 2003, they had no idea their startup would...
HUD requests your comments
On July 7, HUD published a notice in the Federal Register requesting further comment on its adoption of compliance with the 2021 International Energy...
Multifamily CMBS special servicing rate moves lower in June
Trepp reported that the special servicing rate for multifamily commercial mortgage-backed securities (CMBS) loans fell in June. It has been generally trending lower since...
Positive outlook for multifamily sector
In a recent episode of the Walker Webcast, Willie Walker interviewed Dr. Peter Linneman on the current state of the U.S. economy and of...
Amenity fees and resident demand for technology
The multifamily housing sector is experiencing intensified competition, largely due to a wave of new construction projects initiated during the COVID-19 pandemic. As these...
Bread, circuses, rent control
People are naturally drawn to free stuff for emotional reasons with deep neurological roots. Free triggers the brain’s reward system releasing dopamine and creating...
Rise in multifamily employment outpaces national gains
The Employment Situation Report from the Bureau of Labor Statistics (BLS) stated employment grew in June, but many of the jobs added were in...
Job openings rise in May but not for multifamily
The Job Openings and Labor Turnover (JOLT) report from the Bureau of Labor Statistics (BLS) said that the number of total non-farm job openings...
Multifamily construction spending edges higher
The Census Bureau’s report on construction spending stated that the value of multifamily residential construction put in place in May rose slightly from the...
