Apartment Market to Continue Expansion According to Multifamily Investment Forecast Report
Demand for apartments has been underpinned by steady employment growth, positive demographic trends, and modest but consistent wage increases
U.S. Apartment Market Shows Signs of Losing Steam
The national vacancy rate increased in the first quarter while average rent increases declined
Stagnant Homeownership Rate Likely Means Decades of Strong Demand for Apartments
Over the next two decades, demand for rental apartments will likely continue to be strong, if current homeownership rates remain where they are or improve only modestly.
The Rental Market Is Going Gray
Rental applicants tend to conjure up images of recent college grads looking to start their life in the real world. But Millennials are facing increased competition from people who have already spent decades in adulthood, and may have better credit and higher income.
Census Places Utah Among the Fastest Growing States
The fastest-growing state in the country this year was again North Dakota, which welcomed thousands of new residents coming to take jobs in the state’s booming oil industry. It was followed by Colorado, the District of Columbia, Nevada, Florida and Texas, according to the new census data.
AMERICA’S RENTAL HOUSING: Expanding Options for Diverse and Growing Demand
Rental housing is home to a growing share of the nation’s increasingly diverse households.
Bad News Renters: Don’t Expect Much Relief in 2016
Next year, experts predict rents will rise faster than inflation, increasing around 3%-5% on a national level.
Apartment Renter Preferences Revealed
A new survey shows the amenities that renters want the most and are willing to pay for. It also shows how renters hunt for apartments and pay attention to the social media efforts of property managers.
Six Things to Know About Job Growth and the Multifamily Sector
Steady job growth will continue to fuel the top apartment markets through 2017, according to the latest forecasts. Lower-paying jobs will help keep apartments full in Class-B communities and Sun Belt metro areas. Higher-paying, tech jobs will help fill new, luxury communities.
Multifamily Growth Set to Hold Steady
For those in the industry wondering when the tide is going to shift on the apartment industry’s post-recession remarkable growth, the answer looks to be not any time soon. The next 12 months are going to look a lot like the last 12 months