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economy
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
Middle Market Growth
NAAHQ reports that apartment revenues in the nation’s top 100 largest metros currently exceed pre-recession levels by nearly 14 percent, with considerations for rising rents and the recovery in occupancy. While the usual top performers remain strong, suburban markets are showing a healthy recovery and bright future. Middle-markets are giving their high-end counterparts stiff competition. […]
12 / 30 / 14
Back on Track
The U.S. apartment market is getting back on track. As of July 2014, 386,000 units are underway, shows Fannie Mae’s Housing Industry Forum. Multifamily research firm Axiometrics reported that year-to-date effective rent growth was the highest since the Great Recession, with June 2014’s YTD effective rent growth clocking in at 4.5 percent. Class B properties […]
09 / 23 / 14
Tech’s Top Towns
As many developers, investors and brokers are discovering, “technology” is no monolithic industry. The tech sector translates into multiple business specialties and magnets, as dozens of cities stake their claim to the technology boom – with far-reaching impacts on commercial real estate. Along with its highest-profile component, consumer electronics, the age of technology encompasses companies […]
09 / 22 / 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
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
A Big Impact
They’re the housing option of choice for millions of Americans, and have gained both development momentum and resident popularity over the last five years. But apartments are not just a roof over our heads at night. They are businesses that provide a major contribution to the U.S. economy. as illustrated by this infographic from the […]
03 / 03 / 14
Cost of Living Calculator
Relocating can be tough for tenants, particularly when they are moving to a new city or state. To ease the transition, The Department of Transportation and U.S. Department of Housing and Urban Development have created the Location Affordability Portal (LAP), a website equipped with tools that give a realistic idea of the costs associated with […]
02 / 12 / 14
The Top 10
The Counselors of Real Estate annual list of the top 10 issues to affect real estate, unveiled during the National Association of Real Estate Editors conference in early June, encapsulated some of the most critical issues to emerge in recent months. And while some longer-term concerns emerged on this list, derived from surveys and polls […]
06 / 25 / 13
Multifamily Growth
Renter households increased from 34.1 percent in 2009 to 35.4 percent in 2011 according to a recent report released by the U.S. Census Bureau. A consistent pattern may be observed countrywide, with nearly a quarter of the metro areas seeing a rise in renting households, while less than 3.0 percent of the nation’s metro areas […]
05 / 17 / 13
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