Majority of Generation Z Expect to Own a Home by Age 30: Study
In a survey conducted by Apartment List, nearly one in five millennial renters said they expect to rent indefinitely….
Read MoreMillennials want a single-family house, even if it means a long commute
homes over multifamily housing. “While some cities and states like Minneapolis and Oregon are aiming to create more affordable…
Read MoreReport: Austin ranks second in country for multifamily housing permits
the “places” chart means a higher portion of its permits are for multifamily units to be built with in city limits rather than in suburbs—
Read MoreStudy: Younger renters prefer short leases, pet care and tech
Those are the findings of the 2020 Apartment Resident Preferences Report released Tuesday by the National Multifamily Housing Council (NMHC)
Read MoreHarvard University report: Vibrant housing market ahead, provided construction ramps up
by Kerrie Kennedy November 7, 2019 While homeownership in the U.S. is on the rebound – up to 64.4 percent in 2018 – lack of housing inventory across the country is eroding affordability and in turn, holding the market back from making a full recovery, according to a new report out by the Joint Center…
Read MoreAustin Had 5th Fastest Year-To-Year Rent Growth In U.S.
AUSTIN, TX — A new report confirms what beleaguered renters already know: The rent is too darn high. So high, in fact, that Austin ranked 5th in fastest year-over-year rent growth when compared to other major metros. For their November report, Apartment List researchers tracked rent growth, median prices and market trends. The upshot: Rents…
Read MoreHigh Austin Land Prices Pose A Challenge To Habitat For Humanity
A new Harvard University study on the state of the nation’s housing found that rapidly escalating land prices make construction of low-cost housing a challenge for cities. Central Texas has seen a rapid escalation in land prices in recent years, making it difficult for nonprofit organizations to provide affordable housing to low-income families. Phyllis Snodgrass…
Read MoreMultifamily vacancies haven’t been this low since 2000
It’s getting harder and harder to find an available unit in multifamily real estate. In the third quarter of this year, multifamily vacancy fell to 3.6%, down 40 basis points from 2018, to the lowest level since 2000, according to a report from CBRE. On average, rent rose 2.9% year over year, slightly higher than…
Read MoreTexas’ $7 billion plan to remake Houston highways once again targets homes, businesses in communities of color
8. TxDOT estimates it will need to acquire 162 single family homes, 643 multifamily units and 508 public housing units. “At the core, this
Read MoreMore claim the “American Dream” involves renting
getting a good deal on their apartment, and 55% are satisfied with their rental. Freddie Mac found that 40% of renters said they thought a
Read MoreCalifornia enacts statewide rent control
law was also opposed by the National Multifamily Housing Council, National Apartment Association, Mortgage Bankers Association, California
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