Category: economics
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Half a Glass, Half-full? Office troubles & AirBnB concerns
Office building owners, hammered by falling demand and high interest rates, had a tough 2023 but next year may be even worse. The U.S. office vacancy rate stands at a record 13.6%, up from 9.4% at the end of 2019,…
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New Multifamily Renter Sentiment Report Reveals Surprising Trends in Housing Choices and Generational Preferences
NEWS PROVIDED BY Knightvest Capital Most renters (59%) report that they choose to rent versus feeling that they’re forced to rent, and a surprisingly high number of renters (31%) report feeling either ambivalent or uninterested in home ownership altogether 74%…
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Webinar – Top 10 questions facing owners and operators in 2024. Brought to you by Realpage.
12-11-23 Please join us tomorrow for a live webinar talking about the top 10 questions for 2024, and fire off questions/complaints our way. https://www.realpage.com/webcasts/questions-facing-owners-and-operators-2024/ www.DP-CRE.com Feel free to visit our website to see some properties available currently and also some…
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Deja Vu – Record home prices
via Titan The ceiling for government backing on mortgages on single-family homes in the highest-cost areas will increase to nearly $1.15 million in 2024, according to an announcement on Tuesday. That limit, the maximum for a loan to be bought by…
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How can Apartment Operators Plan for 2024? – Webcast
via RealPage Webcasts Voices For 2023 – Budget Season: How Can Apartment Operators Plan for 2024 This Webcast has already aired, but you can visit here and view the archived video which is a good watch. Join this webcast up to…
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Has the value of Multifamily fallen from peak levels?
Via Realpage by Jay Parsons How far have apartment values fallen from peak levels? If you believe indices based on irrational, moody-swingy REIT stock values, you’d think they’re down 20%+. But if you look instead at actual property sales, as…
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The Fed vs. GDP & Inflation
via Titan Christopher Waller and Michelle Bowman, two Federal Reserve officials who led the push for higher interest rates to curb inflation last year, signaled they may be comfortable holding rates steady for now. Waller mentioned that policy is well positioned to…
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Apartment List’s Rent Report – November 2023
By: Apartment List Research Team Click here for full report <—- Below find portions of the report for reference. Overview Welcome to the November 2023 Apartment List National Rent Report. The seasonal slowdown in the rental market continued this month, with the nationwide…
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Black Friday — The AI battle — Podcasting
Black Friday Rollin’ Americans set a new online spending record for Black Friday this year. A rush of deep discounts and the growth of flexible payment options were the drivers behind $9.8 billion in online sales in the U.S. on…
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Jay Parsons’ research on the SFR and Multifamily rental markets
Single-family rentals are outperforming multifamily this year due to lesser supply, BUT … even SFR isn’t immune to slowing rent growth. This is further confirmation of what we’ve said for a year: Higher mortgage rates do NOT drive up net…