The multifamily industry is full of people looking to make a positive change both within our professional ranks, as well as for our residents. In this vein, I interviewed Tyler Christiansen, CEO of Funnel and the inspiration for H.O.M.E., short for Housing Opportunities Made Equal, a 501(c)(3) nonprofit focused on tackling one of our nation’s …
Imagine you go to an ice cream shop with an endless menu of flavors to choose from—chocolate, vanilla, strawberry, mint chocolate chip, and many more. Feeling overwhelmed by the menu options and the impatient crowd behind you, you panic and order the first option on the menu: Chocolate. Later, you’re confused and unsatisfied as vanilla sounds…
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While consumer price inflation rose 3.4% in December, the Federal Reserve is still expected to cut interest rates by at least three times in 2024.
As mortgage interest rates have been flat since December 21, home buyers can plan smartly as they enter the buying market.
Merriam -Webster determines 2024 word of the year – AUTHENTIC! With no surprise, are people looking and craving authenticity within this world where we keep leveraging technology. However, with the use of more technology in the next year, how do we strike a balance between leveraging technology and maintaining authenticity? How do we give residents…
Coming out of the pandemic, the multifamily industry enjoyed an era of unprecedented rent growth. But the set it and forget it window has decidedly closed. With the rental housing now mired in a period of slow to stagnant rent growth, according to a recent Multi-Housing News report, operators are now forced to look outside…
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Hear what NAR’s Chief Economist Lawrence Yun is predicting for the residential and commercial markets in the coming year
The Fed indicated yesterday that they will hold the Fed Funds Rate steady for now and cut rates three times in 2024; NAR forecasts that mortgage interest rates will average 6.3% in 2024.
Annual median home prices are expected to remain largely unchanged at the national level in 2024, for the second straight year, modestly improving affordability from rising income.
The total number of housing units increased from 264.9 million units in 2012 to 287.5 million units in 2022.
