Housing by Ryan Hinricher | April 11, 2011This week we cover the big drop in vacancy rates, lower home prices (yes, more bad news), interest rates, and mortgage application activity. Apartment Vacancy Rates Fall Vacancy rates fell in the multi-family sector. REIS reported that apartment vacancy dropped from 6.6% to 6.2% in the first quarter of 2011. This is the biggest drop [...]
Read the full article → Housing by Ryan Hinricher | May 10, 2010The Commerce Department recently announced that the number of vacant homes eclipsed a record 19million units in the first quarter of 2010. This shows that despite the stabilization taking place in the housing market, there is still a long way to go before we reach normal market conditions. More concerning than the near record 10.6% [...]
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Impact of the Imminent Failure of Freddie Mac and Fannie Mae and the Decline in Availability of Rental Properties on Apartment Building Investors
by Ted Karsch | August 26, 2008The imminent failure of both Freddie Mac and Fannie Mae has already begun to have a detrimental impact on the larger US economy and the ability of home buyers to finance the purchase of a new home. This is an unfortunate circumstance for many young families who may not be able to qualify for a [...]