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demographics
Student Services
We are seeing dozens of headlines each month that herald the arrival of another luxury student housing community. These ultra-posh accommodations can cast a rather unglamorous shadow on nearby aging properties with fewer resources. If you find yourself in the shadow of the shiny new community down the street, don’t fret. Instead, use that energy […]
09 / 09 / 15
Silver Tsunami
America is in the midst of an unprecedented growth of the senior population. By 2030 there will be approximately 132 million individuals over the age of 50, the Joint Center for Housing Studies of Harvard University (JCHS) predicts. At the same time, one in five Americans will be 65 and over, with the 65-74 age […]
08 / 10 / 15
Homebuying Hopes
A seemingly healthy economy, rising rent rates and a limited inventory of existing homes are pushing some buyers into the new homes market. Interestingly, they have few options once they arrive; new home construction is largely targeted towards mid- to high-price tier properties. First-time buyers are in limbo, adding uncertainty to an already imbalanced market. […]
07 / 23 / 15
Cities Getting Smarter
The number of people living in urban areas is increasing at a rapid pace. Currently, about 54 percent of the world’s population live in cities and use about two-thirds of the world’s energy and the majority of other resources. By 2025, 34 cities worldwide will have a population of greater than 10 million people, and […]
07 / 17 / 15
Fit in the City
Ever wondered how fit your city is? The American College of Sport Medicine (ACSM) has. Since 2008 the ACSM takes a look at the health and fitness of the nations’ top 50 metropolitan areas, compiling a comprehensive ranking on community fitness to assess city strengths and identify areas in need of improvement. Dubbed the American […]
06 / 25 / 15
Silent Victims
Awareness of the affordable housing crisis has grown exponentially inside of industry circles. Unfortunately, public awareness is still woefully low and solutions to the problem have yet to manifest. A new organization lead by Ron Terwilliger will collect data that can guide policymakers towards crisis resolution. Simultaneously, the data will help to protect the most […]
05 / 15 / 15
Affordable in America
The present is the most challenging time in 50 years for renting affordable and adequate housing. Historically low homeownership rates, the rising number of renters fueled by demographic and cultural shifts, increasing rents, a dearth of supply, growing construction costs, high levels of unemployment and underemployment and stagnant incomes have all converged to a critical […]
01 / 16 / 15
Ride to the Future
Amidst rising health care costs and the great urban rebound, the car is being replaced by alternative means of transport, such as biking. Millennials, one of the largest renter cohorts, are driving 23 percent less today than their peers did in 2001. According to U.S. Public Interest Research Group per capita driving rates have shrunken […]
12 / 01 / 14
Aging in Place
In the traditional American Dream, renting was a transitional phase before upgrading to home ownership. That trend has all but vanished as mature adults rediscover the joys of renting. Joint Center for Housing Studies of Harvard University estimates that 2.2 million additional Baby Boomers will enter the rental market within the next decade, soon accounting […]
10 / 29 / 14
MultiGen Multifamily
Pew Research reports that there are now more than 57 million Americans living in multi-generational homes. Traditional single-family products no longer meet the needs of today’s cross-generational households, paving the way for multigen, multifamily communities that offer flexible alternatives. The uptick in multigen housing began in the 80s, inching from 12.1 percent of households to […]
09 / 08 / 14
Generation Rent
The apartment industry has played a major part in the revitalization of the real estate sector while also significantly contributing to the American economy. Rental market activity has grown at a moderate yet constant pace in most metros around the country, with up to seven million new renter households forming the last decade—almost half of […]
08 / 14 / 14
Millennial Myths
The 77 million Americans that constitute the Millennial generation are attracting plenty of attention. A generation that already wields hundreds of billions of dollars’ worth of buying power, these young adults represent a huge rental and employment base, as well as a strong and growing contributor to the retail sector. Thus, developers, investors, advisers and […]
07 / 17 / 14
Happy Residents
Care to know which cities in the United States are home to the most satisfied apartment residents? A recent report released by J Turner Research, a Houston-based company that exclusively specializes in market research for the multifamily industry, identifies Raleigh, North Carolina, as the nation’s hub for happy renters. The study, The Digital Mirror: Online […]
07 / 08 / 14
Top Metros
Are we on the path back to the good old days of booming prosperity in real estate? Any step forward is a step in the right direction. Explore the top ten hottest metropolitan areas that are leading the surge in multifamily unit construction. Washington, D.C. The population rose by about 10 percent from 2000-2012. While […]
04 / 03 / 14
Millennial Managers
As Baby Boomers by the thousands prepare to retire, training their successors is taking on fresh urgency. Anecdotal evidence suggests that a growing number of people are making real estate management a career of choice rather than chance. Nevertheless, some experts contend that the profession must further step up both recruitment and mentoring. All too […]
03 / 12 / 14
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