Tag: renters

Is Single-Family Built-for-Rent the Future of Rental Housing?

Filed in Economics, Multifamily, Trends by on October 22, 2020 2 Comments
Is Single-Family Built-for-Rent the Future of Rental Housing?

Although a small segment within the overall housing industry, single-family built-for-rent has growth opportunity in the wake of the COVID-19 pandemic as various demographics seek out lower-density areas and living spaces, while also providing the flexibility of renting.

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NAHB Working to Minimize COVID-19’s Impact on Rental Market

NAHB Working to Minimize COVID-19’s Impact on Rental Market

As the economic damage caused by the COVID-19 outbreak continues to spread, NAHB is leading the charge in calling on Congress to provide rental assistance to the nation’s renters and housing providers. Emergency rental assistance will keep tenants in their homes and ensure the financial viability and stability of the rental housing industry.

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The Older You Are, the More Likely You Are to Own a Home

Filed in Economics by on July 7, 2020 0 Comments
The Older You Are, the More Likely You Are to Own a Home

A recent study released by the Federal Reserve Board reveals that homeownership rates vary widely by age, race and location. The survey also provides information on the reasons renters choose to rent instead of owning and notes that more than one-third of renters are currently looking to buy a home.

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Most Vulnerable Housing Markets

Filed in Economics by on June 1, 2020 0 Comments
Most Vulnerable Housing Markets

Which housing markets are most vulnerable during this downturn brought on by the COVID-19 pandemic? Based on current unemployment trends brought on by the outbreak, an analysis by the American Community Survey (ACS) sheds light on which states are likely to lag when the housing recovery takes hold.

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Multifamily Owners, Renters to Receive FHFA Support

Multifamily Owners, Renters to Receive FHFA Support

The Federal Housing Finance Agency announced today that Fannie Mae and Freddie Mac will offer multifamily property owners mortgage forbearance with the condition that they suspend all evictions for renters unable to pay rent due to the impact of coronavirus. 

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NAHB Continues to Push Back Against Rent Control

NAHB Continues to Push Back Against Rent Control

Rent control legislation is being considered in California that will exacerbate housing shortages and drive up rents.

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Harvard Study Shows U.S. Housing Production is Lagging Far Behind Demand

Filed in Economics, Housing Affordability, Multifamily by on June 26, 2019 1 Comment
Harvard Study Shows U.S. Housing Production is Lagging Far Behind Demand

Despite a solid economy, rising wages and household growth that is now back from post-recession lows, new home construction remains depressed, due to supply-side challenges that are making it increasingly more difficult to build at affordable price points.

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Rent Control Legislation Heats Up Amid Affordability Concerns

Filed in Housing Affordability, Multifamily by on June 12, 2019 5 Comments
Rent Control Legislation Heats Up Amid Affordability Concerns

Rents for apartments and single-family homes are rising nearly as fast as home prices. As already high rents climb higher, frustrated renters may move further away from employment centers or look for smaller apartments. Exacerbating the issue is increased legislative interest in rent control — which often creates more challenges, including reduced supply of available units and reduced income to states and municipalities because of slowed or halted development.

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How’m I doin?

Filed in Economics by on June 16, 2015 0 Comments
How’m I doin?

While “how’m I doin?” was the catchphrase of Ed Koch, the late former mayor of New York City, a similar question was posed to home owners and renters in a recent Federal Reserve survey.

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Want to Keep Your Millennial Renters? Give Them Reasons to Stay

Filed in Business Management, Education, IBS, Multifamily by on February 2, 2015 1 Comment
Want to Keep Your Millennial Renters? Give Them Reasons to Stay

Millennials (18-to-34-year-olds) have a strong desire to be home owners and landlords would be well-advised to take several steps to give this growing demographic reason to stay as renters, according to Lori Snyder, president of The Lori Snyder Co. situated in Aurora, Colo.

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