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Top 10 Apartment Boomtowns

By Lindsay Machak While development and demand in many western metros may be explosive, some Midwestern cities are also pretty healthy, and growing stronger, according to a recently released list of apartment boomtowns. SpareFoot, a company specializing in offering self-storage solutions online, crunched data from


Click here for multifamily market statistics featured in the May 2014 issue of MHN. According to PPR/CoStar, the average apartment sales price was $107,501 per unit in the fourth quarter of 2013, down slightly from the same period in 2012. Coop and condo prices rose

Economy Watch: Home Prices Still Rising, But Not as Fast

By Dees Stribling, Contributing Editor S&P Dow Jones Indices reported on Tuesday that the Case-Shiller Home Price Indices, which it publishes, showed that home prices are still going up on an annual basis, though not as much as they have been. The annual increases for

Axiometrics Report Highlights Apartment Rent Growth in March

Washington, D.C.—The national apartment market experienced a slight uptick in annual effective rent growth during March 2014, increasing at a rate of 3.1 percent, according to the monthly report by Axiometrics. The increase marked the first time the annual rate climbed above 3 percent since

Multifamily Borrowers Beating Path to Banks

Maturing Market Has Lenders Searching for New Hot Loan Product, Could Single-Family Development Be Next? By Mark Heschmeyer Bankers appear to be of two minds when it comes to the hot multifamily market. Many are lending aggressively while demand is strong, while some say they

REITs Decreasing Acquisitions, Construction Costs Cause Concerns

by Amy Sorter on April 15, 2014 Last week, Axiometrics sent a group to Austin, TX to attend—and present at—Student Housing Business’ InterFace Student Housing Conference 2014. Billed by France Media (which publishes Student Housing Business) as “A national information and networking event for the

Freddie Mac Releases Annual Multifamily Outlook

While multifamily growth will continue rolling forward, 2014 may tap the brakes a bit. Freddie Mac released its 2014 Multifamily Economic Outlook on Friday noting that rent growth and vacancy will remain positive but should slow down compared to 2013. The report states the overall

MARKET SNAPSHOT: Dallas-Fort Worth Growth Poised to Continue

By Amalia Otet, Associate Editor The Dallas/Fort Worth multifamily market continued to grow in the fourth quarter of 2013. Asking rents edged up and the vacancy rates declined, creating a favorable context for multifamily to thrive. Effective rents climbed 4.1 percent to $861 per month