Thursday, November 14, 2019

National

Articles with a National focus

NMHC & Kingsley 2020 Apartment Resident Preferences Report takes residents’ pulse on top leasing...

From must-have technology to popular pet perks, the 2020 Apartment Resident Preferences Report released today by the National Multifamily Housing Council (NMHC) and Kingsley Associates provides an exhaustive look at what apartment residents want...

Secretary Carson asks the FTC to investigate websites selling assistance animal documentation

Recently, U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson wrote to Chairman of the U.S. Federal Trade Commission (FTC) Joseph J. Simmons and Director of the Bureau of Consumer Protection Andrew...
RealPage

RealPage to acquire Buildium

RealPage, Inc. announced on November 6  that it has agreed to acquire Buildium LLC, a leading SaaS real estate property management solution provider targeting smaller multifamily, single-family, Associations (HOA and Condo) and commercial real...

Construction materials price rises moderate

The Bureau of Labor Statistics (BLS) released its producer price index report for September 2019. It showed that overall prices for processed goods for intermediate demand fell by 0.4 percent in the month. The...

LEED reaches new milestone, surpasses 100,000 commercial green building projects

The U.S. Green Building Council (USGBC) is celebrating a new LEED milestone, announcing it has surpassed 100,000 registered and certified LEED commercial projects. “In 1998, we created LEED to measure and define what green building...

Lower mortgage rates push housing affordability to highest level in three years

With mortgage rates at a three-year low and a healthy job market, housing affordability rose to its highest level in three years in the third quarter of 2019, according to the National Association of...

55+ housing market on steady rise

Builder confidence in the single-family 55+ housing market rose one point in the third quarter of 2019, returning to its record-high reading of 72, according to the National Association of Home Builders' (NAHB) 55+...

Affordable Housing Credit Improvement Act gains momentum

Currently under consideration in both chambers, the Affordable Housing Credit Improvement Act of 2019 (AHCIA) has 153 cosponsors in the House, as well as 25 cosponsors in the U.S. Senate, amounting to one-fourth of...

Borrowers gain clarity with Carson-Barr agreement

U.S. Housing and Urban Development Secretary Ben Carson and U.S. Attorney General William Barr issued a Memorandum of Understanding (MOU) between the two agencies that sets prudential guidance on the appropriate use of the False...

Senior living community reputations succeed or fail based on quality of their staff, J.D....

The key to winning the hearts and minds of senior living community residents and their families is ensuring the facility has a great staff that communicates clearly, knows personal details about residents and makes...

HUD releases evaluation of rental assistance demonstration

In 2012, the U.S. Department of Housing and Urban Development (HUD) embarked upon a new program to address the critical capital needs of severely distressed public housing. Today, HUD released the results of an...

Rising rent control leading to falling development and investment

An increasing number of jurisdictions recently have imposed rent control or are seriously considering doing so, leading many market participants to reconsider their investment decisions, according to the NMHC's Quarterly Survey of Apartment Market...

Federal code mandates costly and the wrong approach to boost energy efficiency

The National Association of Home Builders (NAHB) urged Congress to oppose any federal mandates that require the adoption of more stringent building codes because it would harm housing affordability, prevent healthy competition in the...

NMHC releases latest student housing income and expense benchmarking survey

Proximity and building size drive rents for student housing properties according to the National Multifamily Housing Council 2019 Student Housing Income and Expense Report. “This report provides student housing operators and developers with critical financial...

Builder confidence hits 20-month high

Builder confidence in the market for newly-built single-family homes rose three points to 71 in October, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released today. Sentiment levels...
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