As we continue to see, Americans have been on the move of the last couple years. A new report from StorageCafé about U.S. migration patterns shows renter interest grew stronger, with a 10% increase in renter applications in 2021 versus 2020. They also point out that some big urban areas attracted large renter cohorts, but nearby smaller cities “stole the limelight” as preferred destinations for apartment hunters. Continue reading HERE...
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