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,…
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…
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,…
Let me ask you one question: “Does a huge iron and steel plant or a shipyard need a corporate website?” Someone will answer that it doesn’t since there is no…
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…
Still struggling with the presentation of your business on the Internet? Well, friends, it’s 2016, so you shouldn’t be. And yet, do all those scary web…
