Changing homeownership views, amenity offerings and the growth in small loans are covered in this week’s selection of multifamily news highlights. To begin, Ten-X discusses the emerging trend of people strategically choosing renting over home buying because it aligns with their lifestyle. Next, RIS Media explores the idea of ‘surban’ development and how they are expected to experience growth by attracting residents who seek a mixture of urban and suburban life. Then, ALEX Chatter investigates the expansion of millennial apartment demand with insights on how their building preferences are largely dependent on age. Property Management Insider examines the value of implementing amenities and services that foster a sense of community among residents. Finally, the Mortgage Bankers Association examines how the small balance multifamily loan market continues to grow.

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Renting has Growing Allure for Would-Be Homebuyers

Ten-X – Dec. 5

“For a lot of people, real estate ownership and all that it traditionally represents in terms of success and status has become much less interesting. In its place, renting has gained new appeal.”

2018 Real Estate Trends to Watch: ‘Surban’ — That Sweet Spot Between City and Suburb

RISMedia – Dec. 4

“Surban refers to a suburban area that has the feel of an urban area, with walkability to great retail and restaurants from a house or apartment, and it’s what all the real estate trend predictors are talking about.”

The Changing Rental Preferences of Aging Millennials

ALEX Chatter – Dec. 7

“Segmenting the Millennial market by younger (18-25 years) and older (26-33 years) renters shows differences in building preferences, which are likely to play out fully in the coming years.”

Top Multifamily Amenities and Services to Consider Next

Property Management Insider – Dec. 4

“The expense and implementation of smart technology can lose its luster compared to a hands-on environment that promotes the resident experience.”

Steady Rise in Small-Balance Lending

Mortgage Bankers Association – Dec. 5

“Small-balance multifamily lending fell 3.1 percent during the quarter, but lending volume through the first three quarters was 7.3 percent higher than during the same period last year.”

 

By | 2017-12-28T19:39:06+00:00 December 8th, 2017|Uncategorized|0 Comments

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