The onset of the pandemic kicked off a widescale work-from-home (WFH) experiment that left the labor market structurally altered, creating significant downstream impacts on residential markets. In this brief, we will use data from the U.S. Census Bureau’s Current Population Survey to uncover which metropolitan areas have the highest share of workers that work-from-home (WFH) due to the pandemic.
The U.S. multifamily market posted a historic showing in the second quarter of 2022. Rent and price growth remained at all-time highs, while vacancy and cap rates improved to the lowest levels since the onset of the pandemic. Among the nation’s top markets, the Sunbelt region continued to shine.
This summer, five members of Arbor’s staff had the pleasure of participating in Project Destined, a real estate finance-focused internship program which gives minority college students the ability to develop technical, financial, and leadership skills.
The Federal Reserve’s latest Beige Book points to an increasingly robust rental housing market as its descriptions of homebuying turn bearish. The persistence of rental demand against continued inflationary pressures and higher interest rates follows a simple rationale — as housing costs rise, people still need a place to live.
Arbor’s Single-Family Rental Investment Trends Report Q2 2022, published in partnership with Chandan Economics, finds flourishing growth and a firmly positive outlook for the sector amid a challenging macroeconomic cycle. High demand, a countercyclical business model, and the ability to absorb inflation will likely continue to propel the SFR market upwards.
The U.S. multifamily posted a historic showing in the second quarter of 2022. Among nation’s top markets for rent growth, the Sunbelt markets continued to shine.
Throughout history, rental housing has typically stayed stable amidst economic pressures due to cyclical forces present in the market, Arbor Realty Trust’s CEO and Chairman Ivan Kaufman and Chandan Economics’ Founder Sam Chandan write in Arbor’s Special Report | Summer 2022.
Arbor’s Small Multifamily Investment Trends Report Q2 2022, published in partnership with Chandan Economics, takes an up-close look at a sector poised to benefit from a unique set of market forces. As cap rates compress to record lows, more buyers are pursuing inflation protection in the multifamily sector and the small asset subsector.
Memphis posted the highest multifamily rent growth in the U.S. during 2020, rising 3.8%. Vacancy rates were lower than the national average, as demand outpaced the addition of new supply. Investment activity remained high and cap rates fell to historical lows, as the local economy showed signs of recovery.
Multifamily rent growth in Memphis was the highest in the nation during 2020, driven by strong demand for workforce housing, as the area remained attractive to investors.
The Los Angeles multifamily market experienced softness in 2020, but a rebound in sales activity to end the year is a positive signal for the metro. Read the full report for more insights.
The single-family rental (SFR) real estate sector went into the pandemic atop a healthy wave of momentum. Since the onset of the pandemic, domestic migration patterns and shifts in housing demand have unilaterally added fuel to the SFR fire.
The Q4 2020 Single-Family Rental Investment Trends Report explores SFR market fundamentals and performance metrics and the outlook for 2021.
The U.S. multifamily market weathered the COVID-19 storm better than other commercial real estate sectors during 2020. Rent growth was slightly down, but renters kept up with payments, boosted by stimulus packages. Sales volume was also down, although property values showed an increase.