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At REIM, our mission to deliver current and revelant intel in the multifamily market. Every week we share the top five articles we are reading from sources we trust. Our goal is to keep you informed, up to date and real estate intelligent.

Sun Belt Metros Lead Multifamily Construction

By Erik Sherman Famous robber Willie Sutton said he never provided the famous answer to the question of why he robbed banks: “That’s where the money is.” Some reporter apparently made it up. Still, a great line. At its heart there is a pithy explanation of an economic truth: supply

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What Is the Millennial Mindset on Owning vs. Renting?

By Ali Wolf Homeownership has traditionally been considered a key component of the “American dream.” In fact, 98% of millennials want to become a homeowner at some point if they aren’t already, according to Zonda’s 6th annual millennial survey of more than 1,000 respondents across the country. Millennials are the

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U.S. Housing Starts Exceed Forecast on Multifamily Construction

By Reade Pickert (Bloomberg)—New US home construction increased in February for the first time in six months, led by a surge in starts of multifamily projects and suggesting the housing market may be starting to stabilize. Residential starts rose 9.8% last month to a 1.45 million annualized rate, the fastest

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Home Prices Will Grow at a Steady Pace Starting in 2024, Experts Say

AZ Business Magazine Economists and housing experts polled in the latest Zillow Home Price Expectation (ZHPE) survey expect home prices to fall 1.6% through Dec. 2023. Affordability challenges are still dragging down demand for homes – lower mortgage costs in January translated into sales that tracked pre-pandemic trends, but higher rates in February

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