This week’s collection of industry news stories touch upon the movement patterns of renters along with predictions for financial and digital trends in multifamily. First, The New York Times reports that there has been a drop in mobility for renters and homeowners alike. Then, Axiometrics weighs in on the risks and returns of investing in apartments, concluding that the flexibility of the sector leads to a more stable cash flow than some alternatives. MBA introduces us to the final ‘Duty to Serve’ plans that Fannie Mae and Freddie Mac will use to meet the needs of low income families by focusing in on manufactured housing, affordable housing preservation and rural housing. Next, City Lab forecasts that even as millennials age, the number of those who choose to live in the city will remain fairly consistent. Lastly, Property Management Insider suggests that multifamily owners should pay close attention to developments in video consumption, social media and artificial intelligence to maximize their returns in 2018.

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Renters Are Staying Put

The New York Times – December 21, 2017

“Only 21.7 percent of renters moved in 2017, a historically low rate, according to newly released United States Census Bureau data. Homeowners moved at an even lower rate — 5.5 percent, a slight uptick from 2016.”

Apartment Investments Continue to be Sound in Comparison

Axiometrics – December 19, 2017

“Their value is solid, whether compared to other commercial real estate assets or to stocks, bonds and T-bills, even if transaction volume is down from one year earlier.”

Fannie Mae, Freddie Mac Publish ‘Duty to Serve’ Plans

Mortgage Bankers Association – December 19, 2017

“The statute requires Fannie Mae and Freddie Mac to serve three specified underserved markets–manufactured housing, affordable housing preservation and rural housing–by increasing the liquidity of mortgage financing, for very low-, low- and moderate-income families.”

No, Young People Aren’t Fleeing Cities

CityLab – December 19, 2017

“’Peak Millennial’ doesn’t mean what it used to, because Millennials are getting older. And even still, they’re sticking around cities more than older generations.”

The Top 3 Digital Trends for 2018

Property Management Insider – December 15, 2017

“As we prepare for a new year, it’s clear that residents and consumers are spending more time online. Here are the top three digital trends that multifamily should pay attention to in 2018:”

By | 2018-01-18T20:12:43+00:00 December 21st, 2017|Blog, Real Estate|0 Comments

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