Items Tagged with 'multifamily housing'

ARTICLES

  • From HW Magazine

    The Multifamily Movement: Renting steps into the spotlight

    More Americans are opting for apartment-style living
    Favored as one of the most stable real estate investments, and quickly becoming America’s abode of choice, apartments are inching toward center stage in the residential real estate realm. Skyrocketing home prices, hefty interest rates and demographic trends are creating a perfect storm for multifamily to step into the spotlight. There are 111,054,354 renters in the U.S., according to the U.S. Census Bureau. This represents 35% of the U.S. population, and that number is increasing as people continue to move from rural or low-growth areas to national job nodes.
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  • Employers eager to hire are waiving requirements; will the housing market see a boost?

    Employers are abandoning traditional requirements for applicants; will the housing market see an uptick as a result?
    According to the Wall Street Journal, the percentage of jobs asking for a college degree fell from 32% to 30% in the first half of this year. Even more significant has been the drop in experience requirements for entry-level jobs, which dropped from 29% in 2012 to 23% now. With more people taking jobs, will they also begin to look for homes?
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  • From obsolete to absolutely: Old office buildings get new lease on life as multifamily buildings

    According to Newmark Knight Frank, 8% of the office inventory is obsolete; adaptive-reuse could be the answer to declining ROI
    Property owners of old or obsolete office buildings are turning their obsolescence blues into multifamily gold. According to a study by Newmark Knight Frank, 8% of the nation’s office inventory is obsolete, meaning building owners need to find new ways to make money off of their spaces.
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  • Massive multifamily trade groups take on Airbnb

    NMHC and NAA go to bat for the right of owners and operators to restrict short-term rental activity
    The Nation Multifamily Housing Council and the National Apartment Association are going to bat for the multifamily industry in court. The two organizations filed a brief backing apartment developer Aimco's appeal to overturn a California court's decision immunizing Airbnb from responsibility for the actions of its users who rent out their multifamily units.
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  • Rent just jumped to an all-time high

    New report shows nationwide rent crosses $1,400
    We’ve known that the rent may be too damn high for quite a while now, but a new report shows that rent has never been this high before. Newly released data from RentCafé and Yardi Matrix shows that nationwide apartment rents just hit an all-time high in June, crossing the $1,400 threshold for the first time ever.
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  • Fannie Mae: Both renters and homebuyers feel pessimistic about affordable housing availability

    Affordability concerns could be keeping people in their homes and contributing to inventory shortage
    Renters and owners are more likely to be concerned about housing affordability when they have to find a new place to live compared to the affordability of where they already live, according to a report from Fannie Mae. Basically, people feel more comfortable paying what they pay now and are concerned that their payment (whether it's rent or a mortgage) will be less affordable than what they currently have.
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  • Fannie Mae experts: How to address rising rents for moderate income households

    Bob Simpson and Tanya Zahalak on helping middle income renters afford their rent
    [Expert commentary] There should be a surplus of available units for for middle income renters, so why do rents keep rising? It's complicated. And what are we supposed to do about it? That's complicated too. Here's a look an exclusive look at some solutions to these issues from experts at Fannie Mae.
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  • MBA: Commercial/multifamily outstanding debt posts largest Q1 increase since recession

    Commercial/multifamily debt is on the rise as each major investor class increases its holdings
    Outstanding commercial/multifamily mortgage debt just posted the largest first quarter increase since before the Great Recession, a report from the Mortgage Bankers Association shows. MBA Vice President of Commercial Real Estate Research Jamie Woodwell said that this is an encouraging sign that indicates a strong market.
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  • How to survive the inevitable ups and downs in multifamily

    Use data to fight the booms and busts
    [Expert commentary] Markets, including the U.S. housing economy, aren’t always rational. No matter how many booms and busts markets endure, there is always a temptation to think “this time, it’s different. This time, the value of my property may continue to increase another quarter or another year.” So, how do you deal with the ebbs and flows?
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  • Yardi: Strong fundamentals will make multifamily weather headwinds

    Healthy economy, demographic trends and investor preference will help weather end of this cycle
    A new report from Yardi indicates that though there are headwinds slowing the multifamily market, strong fundamentals will keep the plane cruising at altitude. Demographic trends, a healthy economy and investor preference will keep the multifamily market humming along as the cycle winds down.
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