Rental Housing

Economic conditions have converged to make life especially difficult for one particular type of floor plan: the studio. We expect demand for studio units to remain depressed in the short term, but we anticipate a post-vaccine snapback will reinvigorate demand, closer to …

We just published our Apartment Analysis and Forecast report, and our conclusion is in the title: Sunny Outlook for Suburban; Harsh Winter for Urban Apartments. We believe there is a further niche opportunity for suburban apartments—near rapidly developing new home submarkets. The new home …

We have all heard the tales of the current renter migration to the suburbs and even to the exurbs in some parts of the country. Until now, the migration story captivating the housing sector has been mostly anecdotal. But we …

The national apartment market has fared better than many in the real estate industry expected. Suburban markets are outperforming urban. The pandemic convinced many to look for larger spaces in more value-oriented locations as they embraced working from home. In …

The purpose of the Light is to highlight bright spots in the real estate market in the wake of a historic pandemic. Perhaps no other real estate asset class performed as well or garnered as much interest since COVID hit …

Demand for single-family rental homes remains robust according to the Burns Single-Family Rent Index™. US single-family rents accelerated 3.8% YOY in September, roughly unchanged from August’s 3.9% YOY growth. The index tracks new leases across the 63 largest single-family rental …

Everything is bigger in Texas. The state continues to benefit from in-migration, driven by its relative affordability (including no state income tax) and vast supply of suburban and exurban housing.   The Economy Austin continues to live up to its …

Last week we launched the first Great Regional Debate, which showcased key opportunities for housing market success in Florida and the Southeast. This week we highlight some of the key markets in the West.   The Economy Phoenix is a …

For the next two editions of the Light, we will highlight various regions of the US and showcase the opportunities (and some risks) for each as we continue to navigate the pandemic. We start with Florida vs. the Southeast. While both …