Metroplex Flexes Recovery
JOB GROWTH IS BACK—at least in Dallas/Forth Worth, Texas. And the return of jobs has led to strengthening demand across the entire metroplex, driving absorption to the highest level in a decade.
Absorption Rates Push Rents
A SLEW OF RECENT market reports are shining a light on what many operators already see at the site level: improved fundamentals in both occupancy and effective rents.
Looking for More
AS RENTS FELL AND CONCESSIONS rose across the apartment industry in 2008 and 2009, apartment owners and managers took a defensive, hunker-down approach. They kept heads in beds and slashed expenses.
HUD Releases Draft of Bill for Rental Housing Initiative
The Department of Housing and Urban Development (HUD) has released a draft of its transforming rental assistance (TRA) legislative proposal to allow public housing authorities (PHAs) and other owners of subsidized housing to convert to longterm Sec. 8 ass
HUD Proposes Important Changes in Sec. 8 RenewalProcess
On Feb. 22, the Department of Housing and Urban Development (HUD) announced that while it is considering changes to the Sec.
Homes in Many Markets Remain Unaffordable forWorkers
For many American workers, a median-priced home remains unaffordable even as home prices and interest rates have dropped over the past year.
HUD Submits Bill to Congress on TransformingRental Assistance
The Department of Housing and Urban Development (HUD) submitted the Preservation, Enhancement, and Transformation of Rental Assistance Act of 2010 (PETRA) to Congress on May 11.
Atlanta Cools Down
AS IN MANY OF the nation’s metro areas, 2009 was not a pretty year for Atlanta.
The Nations Finest
TURNS OUT THE SEAT OF government also houses one of the strongest apartment markets in the nation.
Boston Remains Tough
Boston—After a year of lawsuits, HarborView at the Navy Yard, a failed condominium development, has completed its transformation into a rental property.