Category: multifamily
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Average build times for construction 2022
Thought this information was interesting. The average time to build a new single-family home in 2022 was 9.6 months, 6 weeks longer than in 2021 Average Build Times 8.9 months built for sale11.6 months build to rent11.3 months built by…
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U.S. Rents Fall for First Time in 3 Years
By Kerry Smith via floridarealtors.org Study: March asking rents fell 0.4% to $1,937 year-to-year, the lowest level in 13 months. But 4 Fla. cities in the study saw increases ranging from 0.7% to 3.9%. The median U.S. asking rent fell…
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Bending but not Breaking…
Bend but not Breaking There have been 41 corporate defaults in the U.S. and one in Canada so far this year, the most in any region globally and more than double the same period in 2022, according to Moody’s Investors…
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Economic Updates and News
Information and content provided by Titan <—– CLICK HERE for access Forget the Butterscotch candies, I’ll just buy some Werther’s Stock! Older Americans are defying traditional wisdom—the old “100 minus age” equity-allocation rule—by sticking with stock-market investments in lieu of…
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Tampa Bay rents have shot up. Why have apartments gotten so expensive?
A multi-family housing expert discusses trends and challenges in the local rental market. By I have put the majority of this article written by Rebecca on our site as Casey Babb is one of the top brokers in our industry…
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Are More Apartments in Store for America’s Malls?
BY DAVID MATTHEWS Via Costar/Loopnet PUBLISHED ON MARCH 30, 2023 More Retail REITs Are Selling to Residential Developers Residential developers who are buying into struggling shopping centers and malls across the country are seeking their own form of retail therapy.…
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What’s next for Insurance?
I’ve recently had zoom calls and phone appointments along with some in person meetings to discuss Commercial & Multifamily Insurance. The communications are all over the place and dialing in to a price of approval of moving forward has been…
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