Author name: Ricky Vasquez

Glut of new supply drags down BTR and multifamily rental rates in the Sun Belt

Rents for both multifamily and single-family built-to-rent units moved sideways over the last year. Still, rents in most major Sun Belt markets are down annually due to a glut of new housing, according to the latest Yardi Matrix National Multifamily Report.  Meanwhile, rental growth is typically the strongest in the Midwest, Northeast, and California. This

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House committee is set to review Senate-approved housing bill

The ROAD to Housing Act wasn’t included in the National Defense Authorization Act (NDAA) released on Sunday, despite speculation that it might sneak in as an attachment to the more urgent priority $900 billion defense spending bill.  Still, the bipartisan housing legislation, which enjoys widespread support in both parties, could be signed into law next

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