John Burns Real Estate Consulting recently released their 2021 Apartment Rent Forecasts which they say will to help you “weather” the shifts in the apartment market. They analyzed 127 metros across the country by taking a look at four key categories:
Boomburgs (suburban growth)
Braintowns (college towns)
Downtowns (urban)
Dependables (sizeable unemployment)
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Bloomberg Law has reported that a federal judge in Texas has issued a preliminary injunction against the Biden administration’s waters of the US rule (aka WOTUS). However, the injunction only applies
The U.S. government is reporting that privately‐owned housing starts in February were at a seasonally adjusted annual rate of 1,450,000, which is 9.8% higher than January’s revised number but is 18.4%
According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rents were $1,702 in February, the same as January’s figure. Yardi says year-over-year growth continued its downw