The Light

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.

High home prices and rapidly rising mortgage rates have created a rosy backdrop for the rental sector, with many prospective home buyers …

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.

New homes featuring multigenerational suites (suites with private entries) are selling very well these days.

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.

New homes featuring multigenerational suites (suites with private entries) are selling very well these days.

As COVID restrictions ease and the great resignation continues (and perhaps even accelerates), more companies are opting to allow permanent work from home in order to keep their talented people. As a result, buyers and renters will continue to move to desirable areas where they can get more house for their money.

With the backdrop of anemically low resale supply (check out our resale agent survey), as well as for-sale new home supply, we are monitoring growth of the build-for-rent (BFR) market to help alleviate the housing shortage.