Owning a single-family home remains an elusive American Dream for a growing number of prospective buyers in today’s housing bull market. The reason is simple: Escalating prices for a shrinking inventory of owner-occupied, single-family homes have put them out of...
Shrinking housing inventory, low interest rates, higher building costs driving compression in cap rates for this property sector Surging rental rates, dwindling inventory of single-family homes and apartments, low-interest rates, higher construction costs and...
Sunbelt states leading U.S. population growth areas A shift in U.S. population demographics and the COVID-19 pandemic’s lingering impact are signaling key changes in the nation’s housing market. Over the past decade, both single- and multifamily housing has undergone...
The proposed national infrastructure plan may give more hope to Americans who have been denied access to affordable housing due to limited supply. In April, President Biden announced that a massive injection of federal aid is needed to help reverse a decades-long...
By Mary Ann Barnett, MAI and John H. Wright Jr., MAI An alternate use for hotels that were negatively impacted by the COVID-19 pandemic is transformation into multifamily rental properties, a growing trend that could also significantly help ease the nation’s...