There’s no doubt that the office sector is in trouble. According to Alena Botros of Fortune (subscription required), a recent study found that the staying power of remote work will…
Blog
Newsletter:
The rise in ADUs
Bills legalizing accessory dwelling units (ADUs) are picking up steam across the U.S., according to Chris Clow of HousingWire. In Seattle. for instance, there was a 250% ADU construction increase…
Debt ceiling impact on real estate
Jeff Cox of CNBC reports on April’s inflation data which shows the Consumer Price Index (CPI) increased slightly month-over-month by 0.4% to 4.9% annually. “That equated to an annual increase…
Strong economy will keep rents elevated
Jing Fu of the National Association of Home Builders (NAHB) reported that April’s job data continued to show growth despite rising rates and a slowing economy. Total nonfarm payroll employment…
Favor shifting to homebuyers in 2023
According to a Reuters poll, the Fed was widely expected to raise 25 basis points and hold for the remainder of the year. Further, the poll revealed that we will…
Gen Zers are buying more homes
Dana Anderson and Sheharyar Bokhari of Redfin report on homeownership rates, noting that Gen Zers (born between the late 1990s and the early 2010s) are tracking ahead of their parents’…
Inflation is finally cooling in Q2 2023
There was a flurry of new construction data this past week reported on by the National Association of Home Builders (NAHB) on the construction industry, starting with building material pricing.…
Why single-family rentals are outperforming
ATTOM Data Solutions released a new report on the single-family rental (SFR) market, noting that the average annual gross rental yield on three-bedroom properties is estimated to increase by 7.5%…
Rent growth losses momentum, but still increasing
According to Freddie Mac, the average 30-year fixed rate has decreased to 6.32%. Shaina Mishkin of Barron’s notes that this is the fourth consecutive weekly drop and the lowest rate…