Tag Archives: Apartment Market

Commercial Real Estate Cycles for Q3 2014 from Dividend Capital

One of the top status reports I read quarterly is the  Cycle Monitor – Real Estate Market Cycles  from Dividend Capital, prepared by Dr. Glenn Mueller from the University of Denver. This nine page report gives a synopsis of commercial real estate conditions for five commercial property types across more than 50 Metropolitan Statistical Areas …Read more

Another Top-10 List — The Best Cities for Snowbirds

After a freezing start to Winter (you can’t call it a blazing start can you, given the recent chilling weather?) there are likely more individuals in the Northern and Midwest parts of the U.S. contemplating joining the birds and heading south for the season. Where best to go? A lot of factors come into play. …Read more

Another Top-10 List — Cities With the Greatest Delivery of New Multifamily Units in 2015

Rental housing remains hot, from single family to apartments, driven by still stringent lending, increasing job numbers and failure thus far to ignite in the formation of new households. Apartments, however, make up the largest segment amongst new construction deliveries built to rent in 2015. MPF Research examined and analyzed expected new deliveries of multifamily …Read more

Insights Into Renters — 2014

As the homeownership rate has eroded from almost 70 percent a few years ago into the 64 percent range today, the number of renters has surged. That has placed substantial demand on the existing stock of rental housing, conversion of tens-of-thousands of formerly owner-occupied properties to renter status, and stimulated an explosion in new rental …Read more

Demand is Outstripping Supply in Multifamily Housing

Let’s go with the bottom line first: Supply is not keeping up with demand for housing in almost all parts of the country. In the 12 months ending May 2014, the U.S. issued building permits (both single and multifamily) for 940,031 total dwelling units. These consisted of 566,983 singe family units, 23,924 dwelling units in …Read more

Residential Apartment Rents Up 14.7 Percent Since 1990 – Yet Income Flat in Past 15 Years, Inflation Adjusted

The resurging housing market is making an imprint on many people’s pocket books, checking accounts and balance sheets. For homeowners today, that is a positive imprint and for renters, a negative one. The median existing home price was $96,400 in 1990 according to the National Association of Realtors® while the latest 12-month average of median …Read more

Portland, Oregon — An Award Winning Rose of an Economy

This week I had the opportunity to speak to the Oregon Mortgage Bankers Association in Portland, Oregon. It was a fun trip to catch up with colleagues, friends, customers and for the first time, see a new granddaughter as my daughter, son-in-law and children live there. The Portland-Vancouver-Hillsboro Metropolitan Statistical Area (MSA) created 28,900 net …Read more