There has been an explosion in home deliveries during the past five years. According to a U.S. Census Bureau Annual Retail Trade Survey, e-commerce sales increased by $244.2 billion or 43% in 2020, the first year of the pandemic, rising from $571.2…
U.S. Apartment Market
Since 2021, apartment demand had been at record levels as people left cities for suburbs; however, in more recent months, there has been a sudden slowdown in apartment demand because of a halt in new household formation. As…
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The Michigan Supreme Court is considering statewide court rule changes that would make certain temporary COVID-era eviction protections permanent. The Property Management Association of Michigan (PMAM) has been steadfast in its advocacy to oppose…
The National Apartment Association (NAA) represented the rental housing industry in a recent meeting with White House and agency officials charged with carrying out President Biden’s housing agenda, including the Department of Housing and Urban…
Digested from "The American Middle Class Is Losing Ground"Pew Research Center (12/9/15)Middle-income families were 61 percent of the U.S. population in 1971; now they are 50 percent of the population, with 29 percent of the population constituting…
On or before Tuesday, November 8, 2022, voters from across the country cast ballots in this year’s pivotal midterm election. The outcomes of this election have determined the control of Congress for the remainder of President Joe Biden’s term.…
CPI, Latest Release, October 2022
Inflation came in lower than expected, rising 7.8% year-over-year, seasonally adjusted. This was the lowest rate of increase since January. On a monthly basis, prices rose 0.4%, matching September’s level.…
With the cost of owning a home rising, some across the U.S. are looking at other alternatives, which includes renting. This phenomenon was reflected in a recent study from RentCafe, which shows 101 zip codes have flipped from homeowner majority to…
The rental housing industry is embracing technology more than it ever has before. But, as panelists in the “Integrated or Point Solutions? Get Married or Play the Field?” session at Apartmentalize 2022 noted, navigating the technological landscape…