According to the latest Yardi Matrix Multifamily Report, multifamily rents were flat in February, 2025 with the average U.S. advertised rent increasing $1 to $1,751. Year-over-year rent growth was unchanged at1.2%. “Multifamily performance tends to be subdued in the winter months in advance of the spring moving season, and this year is no exception. Advertised rents have treaded water of late, which is not a knock given that 2024 recorded its highest number of deliveries in decades.” Click here to read the full report at Yardi.
Author: Brad Beckett
Brad Beckett
Director of Education & Outreach, National Real Estate Investors Association
According to ATTOM’s February 2025 U.S. Foreclosure Market Report, there were a total of 32,383 U.S. properties with foreclosure filings. This figure is 5% higher than January and a 1.7% lower than one year ago. Across the country, one out of every 4,395 housing units had a foreclosure filing in February. The States with the highest foreclosure rates were Delaware (one in every 2,278 housing units with a foreclosure filing); Illinois (one in every 2,333 units); Nevada (one in every 2,435 units); New Jersey (one in every 2,695 units); and South Carolina (one in every 2,816 units). “February’s rise in…
On a recent episode of Real Estate News for Investors, Kathy Fettke discusses the recent $100 billion investment by Taiwan Semiconductor Manufacturing Co. (TSMC) in U.S. chip production. She says this move strengthens the U.S. as a global AI leader and could reshape real estate markets in tech hubs like Phoenix and Sherman, TX. “…this massive investment, along with President Trump’s AI infrastructure deal with Oracle, OpenAI, and SoftBank, could drive property values, job growth, and demand for commercial space. Could this be the next big tech-driven real estate boom?” Click here to listen.
According to the CoreLogic’s latest Loan Performance Insight Report, the share of U.S. borrowers who were in some stage of delinquency (30 days or more past due, including those in foreclosure) was 3.1% in December, 2024 – virtually the same as one year ago. They say this hints at the large number of metros and states that are seeing small reductions in mortgage delinquencies. In addition, they point out that as home prices keep climbing, many homeowners continue to acquire equity which can be used to help borrowers pay their bills in times of need. “National-level delinquency rates for December show…
A new report from Rentcafe says in 2025 the Midwest has emerged as the most competitive region for apartment-hunters with 10 metros in their top 20 list of competitive rental markets. To get their list, RentCafe looked at the 139 largest U.S. markets using five key metrics for rental competitiveness. These factors included: the number of days apartments were vacant, the percentage of apartments that were occupied by renters, the number of prospective renters competing for an apartment, the percentage of renters who renewed their leases and the share of new apartments completed recently. Indeed… Click here to read the…
According to the latest ICE Mortgage Monitor, property insurance costs rose at a record rate in 2024 prompting homeowners to shop for better rates and accept higher deductibles. They report that the annual property insurance premium among mortgaged single-family homes rose by a record +$276 (+14%) to $2,290 in 2024, capping a five-year rise of +$872 (+61%). In addition, a record 11.4% of borrowers switched carriers in 2024. “While it’s no surprise that insurance costs are rising, we’re beginning to see emerging trends in terms of how homeowners are responding to the higher cost environment…ICE loan-level data shows that a…
The Tax Foundation says property taxes are the primary tool for financing local government as well as generating revenue in some states. In fact, they point out that, in FY 2022 alone, property taxes generated 27.4% of total state and local tax collections – more than any other source of tax revenue. Also, in 2022 property taxes accounted for 70.2% of local tax collections. So, where do people pay the most in property taxes? See the interactive chart below and be sure to read the full report. Click here to read the full report at the Tax Foundation.
The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2% in February, 2025. The all items index was up 2.8% for the 12 months ending in February. Interestingly, while the index for shelter increased 4.2% over the last year, it was the smallest 12-month increase since December 2021. Indeed… Click here to read the full release at the Bureau of Labor Statistics.
Next Thursday, March 20th, is the first day of Spring! That means now is a great time to start thinking about your property’s landscaping. Whether it’s a rental or a new flip, a good-looking lawn will always add value and improve curb appeal! The folks over at The Home Depot put together this handy infographic with some Spring fertilization tips to help make your lawn look great…..As always, stay safe and have a Happy Friday!!! Did you know….Members of National REIA can receive a 2% biannual rebate, 20% off interior & exterior paints & primers, volume pricing, access to an…
A recent report in the Wall Street Journal (reposted on Realtor.com) says real-estate agents are reporting that affluent home buyers are using rent-to-own deals to finance their homes. Interestingly, they say rent-to-own transactions offer well-to-do buyers substantial benefits such as (in new construction) the ability to discover construction defects that wouldn’t might go unnoticed during inspection. In addition, they add that these transactions also provide buyers with a potent negotiating tactic. Rent-to-own transactions offer well-to-do buyers substantial benefits. In new home purchases, they offer the ability to live in a home and discover construction defects that wouldn’t otherwise be found…
