Building Market Intelligence

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Florida Is On Fire

The Florida housing market is booming. Home buyer traffic and sales are climbing rapidly throughout the state, leading to increasing home and land prices. In the last two weeks, I had 14 meetings and visited over 20 communities throughout the …

Apartment Construction Booming!

Categories: Rental Housing

There are 44 metro areas which will double their multifamily construction this year. Among the major markets, the growth is staggering: The Boom Has Just Begun Despite the boom, many of these markets are far from their peak levels of …

Florida’s Housing Market is Booming, but Will it Last?

  Many areas of Florida are showing signs of renewed housing demand. Builders are buying lots and land in order to position themselves for future growth. In our most recent Residential Land Survey, 78% of Florida builders noted that finished …

Booming Rental Markets

Categories: Rental Housing

The apartment market is strong. All of the large metropolitan areas in the US are seeing rent growth and declining vacancies, but location still matters. We recently completed our forecasts for 78 apartment markets across the country and we expect …

Apartments to Benefit the Most from 3.4 million Units of Pent-Up Housing Demand

Categories: Rental Housing

We believe the apartment business is set to explode, with steadily rising rents and occupancy that will justify new construction. Here are the three primary reasons for the optimistic outlook: Pent-Up Demand: We recently calculated 3.4 million units of pent-up …

Apartments to Get a Double Dose of Demand: Jobs and Demographics

Rising Rents: Apartment conditions are improving around the country. Vacancies are falling, rents are rising. REIS reported that 77 of the 82 metro markets for which they collect data had positive first quarter absorption, 79 experienced an improved occupancy rate, …

The Apartment Market Has Room to Run

Categories: Rental Housing

The stars are aligning for an apartment boom. Other than housing affordability, all signs are pointing to a surge in rentals. Tighter lending standards, a shortage of consumers with a down payment, and strong demographics all point to rentals as …

Commercial RE Distress Will Have A Big Impact on Housing

We were lucky enough to present at an all day Commercial Real Estate Symposium at the Fed, where the preeminent industry experts from each real estate sector shared what is occurring in their industry. Prior to the meeting, we had …