In the first three weeks of May, 30-year fixed mortgage rates hovered near 5.25% and eased to just above 5% by month end. Paired with record-high home prices in most markets, the highest mortgage rates in over ten years (per …
What consumers want in a community is shifting, requiring master plan and rental community developers to rethink once-standard amenities and respond to changing needs.
The residential real estate market has been speeding uphill since mid 2019, with a speed bump in the Spring of 2020. As we near the peak, anticipation of what is on the other side anxiously awaits. When will we pass …
Renters leased 700,000 additional apartments last year, more than doubling the five-year average. They also leased twice as many apartments in Q1 this year than in Q1 of last year, per our tabulation of RealPage data.
Apartment renters are not the only ones fighting hard for their place in the market. Multifamily investors also face fierce competition from other investors in this very competitive space. On the latest New Home Insights podcast, we interviewed Jay Parsons, …
Our team compiled 22 opportunities for 2022. They cover a wide range of topics, from affordability solutions to migration patterns. Here is what to expect for land development this year.
Building material prices have risen 23% over the last year according to production builders, in part due to a surge in remodeling driven by 3 primary conditions: rich homeowners, a few “trade-up” homes readily available, and rising mortgage rates.