Tag: Blog
California extends eviction moratorium
California Governor Newsom has signed into law Senate Bill 91 (SB-91), which extends the state’s eviction moratorium to June 30, 2021. The bill also...
Rent delinquencies continue to grow in January
The latest version of the Census Bureau’s Pulse Survey once again shows that an increasing portion of renters are falling behind on their rent...
Another mixed report on multifamily housing construction in December
The Census Bureau released its new residential construction report for December 2020. It is the inverse of last month's report with a drop this...
Construction materials prices edge higher as lumber rebounds
The Bureau of Labor Statistics (BLS) released its producer price index report for December 2020. It showed that the BLS price index of materials...
RealPage presents 2021 market outlook
RealPage recently presented a webinar forecasting the likely trends for the multifamily housing market over the next two years. Presenters were Greg Willett, Chief...
Rents fall in December
The latest rent reports from Yardi Matrix and Apartment List continue to show declining rents for the country as-a-whole. However, they both also show...
Jobs market stalls at year-end
Two recent reports from the Bureau of Labor Statistics (BLS) describe the current labor situation. They are the Employment Situation Report for December and...
Rent delinquencies grow
The latest version of the Census Bureau’s Pulse Survey shows that a large and increasing portion of renters are behind on their rent payments. Taking...
Residential construction spending up in November
The Census Bureau’s report on residential construction spending for November shows a 2.7 percent increase from October’s level. Overall construction spending was up 0.9...
Fannie Mae updates 2021 and 2022 forecasts
Fannie Mae recently revised its economic outlook for 2021. The new forecast predicts significantly higher growth over the next two years than their last...
Mixed report on multifamily housing construction in November
The Census Bureau released its monthly new residential construction report for November 2020. It shows a pickup in multifamily housing construction permits and starts...
Most new multifamily mortgage debt supplied by GSEs in Q3
A Mortgage Bankers Association (MBA) report on the level of outstanding commercial and multifamily mortgage debt shows that the GSE's increased their already dominant...
RealPage looks back at 2020
RealPage recently held a webinar where they took a look-back at 2020, reviewing the impacts of the pandemic on the multifamily housing market and...
Construction materials prices lower as lumber falls
The Bureau of Labor Statistics (BLS) released its producer price index report for November 2020. It showed that the BLS price index of materials...
Multifamily property prices rise in October
Recent reports from CoStar and from Real Capital Analytics (RCA) show that multifamily property prices continued to increase in October. Defining the indices The CoStar report...
