Single-Family Home Prices Had Gains in 92.3% of 221 Metro Areas in 2024 Q1
In Q1 2024, national median home prices rose 5.0% year over year to $389,400, with 28.5% of metro areas seeing double-digit price increases.
In Q1 2024, national median home prices rose 5.0% year over year to $389,400, with 28.5% of metro areas seeing double-digit price increases.
Housing affordability fell nationally in March 2024 compared to the previous month, with monthly mortgage payments increasing by 2.8% and the median price of single-family homes rising 2.4%.
In today’s bustling multifamily market, differentiation is key to success. With competition seemingly sprouting overnight, it’s crucial for your community to stand out from the crowd. And where better to start than with your digital presence – your website. When embarking on a website redesign or launch for your apartment community, numerous elemen…
On the back of a napkin, a quick sketch. In Microsoft Paint, a quick pixel-by-pixel outline of a future blueprint. A developed architectural drawing of the elevation. And today: A soft-ware generated, photorealistic rendering for multifamily marketing. What does it all mean? We’ve come a long way, for one! Photorealistic renderings create 3D images…
Nationally, Sentrilock home showings in March 2024 were up 6% year-over-year. Showings increased in the South, West, and Midwest regions of the U.S.
Yesterday’s inflation figures rose to 3.5%, and as a result, mortgage interest rates are likely to increase in the coming weeks.
In today’s digital age, establishing a robust online presence is paramount for apartment communities looking to attract prospective residents. However, not every property has the resources for a custom website. This is where apartment website templates step in, offering a cost-effective solution without compromising quality or functionality. We spe…
Let’s talk apartment logo design. Logos are more than a symbol—they state something, particularly in multifamily brands. First, we provide multiple design options (with a little insight into the process and inspiration behind them) and the client gives us feedback. In a typical process, we’ll hear from the owners, the developers, and the marketers….
It’s no secret that 2024 will be a year of anemic revenue growth for multifamily rental operators and owners. On the one hand, we are still benefiting from the once-in-a-lifetime rental growth in the early post-pandemic years; however, on the other hand, growth is very much a “what have you done for me lately” proposition.…
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This week’s Chart of the Week shows MBA’s estimates of the distribution of CRE mortgage debt across capital sources and property types and is derived from a variety of public and private sources. As can be seen, CRE mortgage debt is not a monolithic market. Rather, it is made up of a broad range of…
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