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2021 multifamily housing outlook: Dallas, Miami, D.C., will lead apartment completions

BD+C

In its latest outlook report for the multifamily rental market , Yardi Matrix outlined several reasons for hope for a solid recovery for the multifamily housing sector in 2021, especially during the second half of the year. .

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Miami Tops the List of the Nation’s Most Competitive Rental Markets

Pro Builder

Miami Tops the List of the Nation’s Most Competitive Rental Markets. Remote workers from around the country are flocking to sunny metros like Miami, where rental demand is at an all-time high. The total number of apartments in Miami-Dade County grew by 1.8% Housing Markets. Housing Markets. Fri, 07/01/2022 - 10:56.

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A Quarter of American Homeowners Are Considered ‘House Poor'

Pro Builder

are considered “house poor,” meaning they spend more than 30% of their income on housing costs. are considered “house poor,” meaning they spend more than 30% of their income on housing costs. From 2015 to 2019, the percentage of U.S. homeowners who were considered financially strapped dropped each year, from 29.4

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Is the Housing Market Recovering After an Early 2023 Correction?

Pro Builder

Is the Housing Market Recovering After an Early 2023 Correction? home prices rose in April following a months-long slowdown caused by soaring interest rates The S&P CoreLogic Case-Shiller 20-city house price index rose 0.9% ldeakins Tue, 06/27/2023 - 12:37 U.S. economist at Santander U.S. Capital Markets, wrote in a note.

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Local Housing Markets Report Low Inventory in October

Pro Builder

Local Housing Markets Report Low Inventory in October. Housing inventory is reaching record lows—here’s what to expect in the months ahead. Housing inventory could increase on a year-over-year basis during the winter months, but will still remain at historically low levels, says Bill McBride in the CalculatedRisk Newsletter. .

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The Housing Market May Be Slowing, but Prices in These Popular Metros Are Still Soaring

Pro Builder

The Housing Market May Be Slowing, but Prices in These Popular Metros Are Still Soaring. After years of record-breaking gains, the housing market is, by most accounts, beginning to cool, but some popular metros are still seeing persistent growth. Miami, FL is home to some of the nation’s strongest home price appreciation with a 36.2%

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Homebuyers Are on the Move as Housing Affordability Diminishes—Here’s Where They’re Going

Pro Builder

Homebuyers Are on the Move as Housing Affordability Diminishes—Here’s Where They’re Going. Historically high home prices paired with soaring mortgage rates are motivating homebuyers to relocate to find affordable housing, but as the economy softens in a market correction, migration could begin to slow nationwide, Redfin reports.