Tuesday, October 15, 2019

MHP Blog

Slower start to the rent growth season

Yardi Matrix released its May report on the multifamily housing market. The report describes a market with moderating year-over-year rent growth but still-solid occupancy numbers. Rents move upward more slowly Yardi Matrix reported that the average rent...

Why are apartments such good investments?

A new report from the NMHC Research Foundation seeks to answer this question. The report analyzes data from the National Council of Real Estate Investment Fiduciaries (NCREIF) for the thirty year period between 1987...

Construction material prices on the rise

The Bureau of Labor Statistics (BLS) released its Producer Price Index for February on Wednesday. It showed that core inflation for processed goods for intermediate demand was 0.7 percent in February with prices increasing...
cleaning

The Clean New Deal

A year or so ago we mentioned a start up by apartment veteran, Howard Behr. Wharton grad and world traveler, Behr spent a large part of his career perfecting the art of multifamily profitability...

Income: it’s all relative

Where do you get your facts? Good facts make good decisions so it's a rather important question. In fact, your answer to this question is one of the structural walls of your life that determines...
HUD headquarters

HUD seeks to revise AFFH rules

On August 13, the Department of Housing and Urban Development (HUD) issued an advance notice of proposed rulemaking inviting public comments on proposed changes to HUD's affirmatively furthering fair housing (AFFH) regulations which were...

Census turns a spotlight on housing

A series of reports from the Census Bureau, give a snapshot of the current state of housing in the United States. Construction A report on new residential construction shows strength in the multifamily housing industry, especially...

Facebook and Helen Keller

I'm rarely away from the office during work hours but I recently found myself in a line of about 8 people waiting for the dealer to price a handful of collectibles for a friend. We...

The surge in high-income renters

A report by RentCafe highlights the rise in the number of high-income renters between 2007 and 2017. Setting the threshold The report focuses on households earning more than $150,000 per year and looks at how the...

California: The great housing bust

California is the sixth biggest economy in the world according to the U.S. Bureau of Economic Analysis. Legislators like to tout that fact. They often forget to add that the state also has both the highest...

Comfort animals at NAA next month

There’s no better way to assess your potential Fair Housing risk than to hear it from someone who makes a living suing noncompliant businesses… and usually wins. The Erin Brockovitch of civil rights, Martie...
california housing

New governor takes on California housing

Addressing the state’s problem with housing was a focus of both Gavin Newsom’s inaugural address as California’s governor and of his first state budget proposal. The governor speaks The headlines from Governor Newsom’s inaugural address often...

RealPage presents apartment market update

This week, RealPage presented its quarterly national multifamily housing market update webcast. It described a market with strong demand for multifamily housing and moderate rent growth. Demand surges Reports issued earlier this year from other sources...

Rent control update

While California’s rent control measure, Proposition 10, lost big at the ballot box last year, the push to impose rent control continues. Here’s what’s been going on: California Assembly Bill 36, which allows rent control to...
apartments

Steady as she goes for the multifamily housing market

Yardi Matrix released its January report on the multifamily housing market. The report describes a market with healthy year-over-year rent growth. Waiting for spring Yardi Matrix reported that the average rent nationwide was $1420 in January,...
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