Blogs

Inflation Measures Not Capturing Housing Costs, CoreLogic Warns

19 October 2021
Mike Lembeck

Inflation is being underestimated, particularly in housing costs, CoreLogic Principal Economist Molly Boesel is warning. Official measures, such as the Consumer Price Index, showed that inflati...

There is a Severe Shortage of Rental Housing at Every Price Point Now

11 October 2021
Mike Lembeck

Apartment vacancies hit another historic low in September, declining to 2.7% for a fourth consecutive month of record-breaking lows. New lease demand in the year ending in September 2021 also i...

Top California Markets for Multifamily Transactions

11 October 2021
Mike Lembeck

Thanks to solid performance in the multifamily sector, investors continue to forge ahead with notable ventures across the country. Year-to-date through August, California markets saw substantial inves...

Infrastructure, Climate Change Key to Economic Outlook

11 October 2021
Mike Lembeck

Economists moderated their outlook in NABE's most recent survey. But there's good news, too.The current economic debate is a good illustration of the limits of forecasting. Many of the central issues ...

To Evict Or Not To Evict? What Comes Next For SoCal Landlords?

11 October 2021
Mike Lembeck

California's statewide eviction moratorium expired last week, but residents of Los Angeles county may still be protected against eviction proceedings if they are unable to pay rent due to hardships ca...

U.S. Home Prices Extend Streak of Record-Setting Annual Growth

04 October 2021
Mike Lembeck

U.S. home prices have done it again, setting another high-water mark for annual price gains. S&P Dow Jones Indices said Tuesday that the S&P CoreLogic Case-Shiller U.S. National Home Price NSA...

Labor Shortages, Wage Increases Should Abate Next Year

04 October 2021
Mike Lembeck

Marcus & Millichap is predicting labor shortages and wage increases will continue to be headwinds for CRE this year, but they should abate a bit in 2022. There is a 2.5 million worker shortage al...

Apartment Demand Hits Record Cyclical High

04 October 2021
Mike Lembeck

Consumer demand for apartments hit a record high in the third quarter of this year, with new data from RealPage showing that the nation’s occupied apartment count jumped by a staggering 255,094 ...

How to Make Sense of Where Cap Rates Are Headed

04 October 2021
Mike Lembeck

The big takeaway from last week’s meeting of the Federal Reserve appears to be that interest rates will rise next year – and that has many CRE professionals asking if cap rates will also g...

Uh-Oh, Growth is Slowing. Is CRE Next?

27 September 2021
Mike Lembeck

Nobody likes being corrected, especially an entire industry. But some are suggesting that one is overdue in commercial real estate. And some outside data seem to say that things are slowing. JP Morga...