Fears of a recession have kept many would-be renters on the sidelines, according to a new report from RealPage. Despite record demand in 2021 and ever-increasing rents, apartment demand has…
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Newsletter:
The rise of always renters?
Joe Weisenthal of Bloomberg opens up for us this week outlining the decline in housing affordability due to rising interest rates, which is leading to more demand for rental housing.…
Apartment rents drop for first time in mid-2022
CoreLogic released its latest Single-Family Rent Index (SFRI) last week, which looks at SFR rents nationally. The report found that although rent growth year-over-year in July was up 12.6%, it…
Mortgage layoffs continue amidst volume deceleration [2022]
The short-term rental market has continued to grow according to new data from AirDNA. Reportedly, current available STR listings are sitting at 1.39 million, up 25.5% year-over-year (YoY). Further, demand…
Credit card debt at record highs in 2022
The Federal Reserve Bank of New York released a report last month highlighting that household debt in the U.S. rose $312 billion in Q2 2022 to a total of $16.15…
Mortgage volume at 22-year lows in Q2 2022
Last month, the world’s largest real estate holder Blackstone raised a record $30 billion fund. According to Miriam Gottfried of The Wall Street Journal (subscription required), the Blackstone Real Estate…
WeRise: Adam Neumann’s New Real Estate Startup
Adam Neumann, former founder and CEO of WeWork has a new residential real estate startup called Flow, and it has some serious venture capital (VC) behind it. In their largest…
Chinese real estate sector in trouble
Reporting last week shows that although still elevated, inflation has decelerated compared to previous months. Martha C. White of CNN Business reports that consumer prices increased by 8.5% in July,…
Why interest rates are falling despite Fed raises
According to new data from multiple outlets, rents continue to rise although appear to be moderating. Yardi Matrix released its June 2022 National Multifamily Report, showing that average asking rents…



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