MARKET INTEL

Intel

Apartment Investors Poised to Put $240B to Work

Optimism is back in the multifamily lending space, according to the vibe last week at the National Multifamily Housing Council Conference in San Diego. RealPage Chief Economist Jay Parsons, a panelist at the event, said this week that while 2024 will be a banner year, many are embracing the theme,

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Intel

59% of Long-Term Renters Say Homeownership Feels Out of Reach

For the majority of long-term renters (59%), homeownership doesn’t feel possible for them, including 41% who say it feels impossible, according to a new survey from NeighborWorks America. As affordability challenges continue in the housing industry, 64% say homeownership doesn’t feel attainable, and 66% say they are surprised by the

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Intel

New Construction Remains on an Upward Trend in Phoenix for 2024

Multifamily construction starts declined in 2023, but exceeded expectations considering the turmoil in the financial markets. A new report on multifamily construction starts from Yardi Matrix reports that the number of units that broke ground in 2023 ranks third in recent years, behind 2022 and 2021. The report also says new construction

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Intel

‘Real Money’ Is Out There If You Look

Illinois Sen. Everett Dirksen, perhaps the last great Congressional orator, didn’t like spending the peoples’ money. To make his point he once said: “A billion here, a billion there, pretty soon it begins to add up to real money.” That quip has become synonymous with government overspending. When it comes

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