The percentage as well as number of US households led by renters is at the highest level in more than 50 years, the Pew Research Center reported this week. The research organization’s analysis of Census Bureau housing data found that growth in the percentage of renters extends across a variety of demographic factors, including age, education level and ethnicity.
Houston’s multifamily market appears to be on the verge of recovery after facing considerable headwinds in 2016. Job growth, population growth and faster-than-anticipated apartment absorption in the first half of 2017 are luring investors and lenders back to the region, putting the market on solid footing for future growth.
The rental market continues to drive housing's recovery—36% of U.S. households opted to rent in 2015, the largest share since the 1960s.
You might think that the current efforts to repeal or reform the Affordable Care Act have nothing to do with real estate investing. However, health care reform is the last bridge that Congress needs to cross before they can turn their attention to comprehensive tax reform.
Delayed marriages, an aging population and international immigration are increasing a pressing need for new apartments, to the tune of 4.6 million by 2030, according to a new study commissioned by the National Multifamily Housing Council (NMHC) and the National Apartment Association (NAA).
We can scrap the talk of the apartment market becoming over-saturated — at least in the long term. A new report has determined that the US will need to build more than 4.6 million new apartment homes across a range of price points by 2030.
ACA widens number of insured individuals, increases need for medical services. Expanded healthcare coverage and an aging population are boding well for the nation’s medical office building segment.
America is stuffed with stuff. Over the last few decades rentable storage space in the United States has grown to a whopping 2.5 billion square feet. That’s 7.3 Square feet for every man, woman and child in the nation.
Setting up a TIC well in advance of making a 1031-exchange transaction will legitimize it as a business decision rather than merely a means to avoid taxation, helping investors avoid red flags to the IRS, speakers at the IMN Multifamily Forum say.
Passco Companies LLC has acquired a 218-unit multifamily property in Scottsdale for $52.52 million, which it is naming “Luxe Scottsdale.” The property was recently developed by the seller, Atlanta-based Wood Partners.
Low inventory is restraining sales of existing single-family homes, which rose in January by just 3.7 percent from last year. Despite an uptick in listings, the supply of available homes for sale held firm at a record-low 3.6 months.
More than a fifth of millennials have yet to move out from under mom’s and dad’s roof – a dynamic that likely made Mother’s Day plans easy to coordinate but doesn’t bode particularly well for the economy at large.
A large part of the American Dream has always been to own real estate, whether it be your principal residence or a direct investment in owning land or other rental real estate.
The six-bedroom mansion in the shadow of Southern California’s Sierra Madre Mountains has lime trees and a swimming pool, tennis courts and a sauna — the kind of place that would have sold quickly just a year ago, according to real estate agent Kanney Zhang.
For many people who begin investing as young adults, it often mattered little what the investment was so long as it was generating a profit. As a result of this, investors who are now officially baby boomers or senior citizens often have long-held real estate investments in their portfolios.
