Multifamily Housing Construction Hot As Single-Family Sputters
Permitting activity for new multifamily housing construction units is currently stronger than it has been in decades, while single-family construction continues to lag, keeping homeownership out of reach for many younger Americans, Apartment List...
Bill Passes Requiring Landlords To Substantiate Damage Claims
The Washington House has passed a bill requiring landlords to substantiate damage claims by tenants in order to retain security deposits, according to reports.
The bill also extends the timeline landlords in the State of...
National Rent Growth Turns Positive In February
After months of decline, national rent growth turned positive in February, up by 0.3 percent, according to the March report from Apartment List.
“This month’s increase is of a similar magnitude to the typical February...
When Will Sagging Multifamily Sales Rebound?
Yardi Matrix says in a new research bulletin that investor demand and multifamily sales are continuing to evolve in 2023.
Multifamily property sales continued to shift toward secondary tech markets in 2022, as volume waned...
Newly Built Apartments Getting Smaller
The average size of newly built apartments in 2022 has decreased to 887 square feet, down from the 941 square foot average 10 years ago, RentCafe reports.
In a report using Yardi Matrix data to...
Why Coliving Should Be Part of Your Rental Property Portfolio
Why coliving should be part of your rental property portfolio as this housing trend could provide real value for landlords.
By David Mazza
I’d love to give you a rock-solid, Merriam-Webster-esque definition of “coliving.” The truth...
6 Takeaways From The National Multifamily Housing Conference
The John Burns Real Estate Consulting team attended the National Multifamily Housing Council’s recent conference and came away with 6 takeaways to share with our readers.
The report points out that both rent and occupancy...
Economic Indicators Show Positive Multifamily Outlook
Multifamily demand remained steady in January, with rents leveling off after a fourth-quarter dip, to show a positive multifamily outlook, Yardi Matrix said in their January report.
“The sturdy job market is creating optimism for...
Portland Rents Hold Steady In January
The median rent in Portland fell by only 0.1 percent – essentially flat- over the course of January while rents fell in many other large metros, according to the February report from Apartment List.
Portland...
National Rents Decline In January For Fifth Straight Month
The national rent index fell by 0.3 percent over the course of January, marking the fifth straight month-over-month decline, Apartment List says in their February report, while the vacancy rate rose.
The rent decline in...