California Dreaming

As we continue our expanded coverage of multifamily markets in 2016, we have vastly expanded the number of properties we survey by incorporating the California properties. California has by far the most multifamily properties of any state, though with a preponderance of smaller unit properties it does not have the most multifamily units. We are…

2016 Mid-Year Report Card

This has been a very busy year for ALN Apartment Data! Since January, ALN has added 16 markets in in our flagship service, ALN OnLine, with many, many more coming on soon! And now that we’ve completed the entire first half of 2016, it’s time to check in on our markets and give a progress…

2016 New Construction

In the last few years we have seen a once-in-a-generation surge in multifamily new construction. This is also one of the few times where the new construction has not just been centered on one region of the country. We are even seeing new activity in markets like Memphis and New Orleans that have, until recently,…

Review: Salt Lake City

We started tracking multifamily occupancy rates for Salt Lake City in 2013, and starting this year we have been tracking rents as well. Overall market conditions have been favorable for multifamily for some time now. Unemployment is well below the national average, even briefly dipping below 3% at the end of 2015. Currently we are…

Q1 2016 Review

Though it may not look like it, 2016 may turn out to be a lot more challenging for multifamily than in recent years past. New construction has run rampant in many markets and while absorption continues to be positive the rate of growth is slowing in many markets. As a victim of their own success,…

February 2016 Home Ownership

Last year I wrote that 2015 will be remembered as one of the best performing annual periods in the Dallas-Ft. Worth market is recent memory. Based on preliminary numbers, 2016, in contrast, will go down as a turning point. For the first time in a long time we are seeing some submarkets struggle not just for…