Holden Chavis’ Post

In 2021, a notable shift started—close to 50% of market-rate multifamily units are now delivered to lower-rent suburbs. Higher-rent districts capture 35%, while urban cores receive 17.5%. A stark comparison to 3Q 2013 when shares were 35.4% low, 39.2% high, and 25.4% urban. 📊🌐 #HousingShift #RealEstateData #SuburbanLiving #UrbanDevelopment #MarketInsights

🏡✨ According to a recent survey by Knightvest, more people are choosing to rent by preference, driven by soaring housing prices and interest rates, making single-family home ownership costlier than ever. 📊💡 #RentalPreference #HousingChoices #RealEstateSurvey

Inflation took a step back in November, signaling success for the Federal Reserve's interest rate strategy. The year-ending November CPI shows a 3.1% increase, a slight dip from October's 3.2%. 📉💼 The recent dip in inflation bodes well for multifamily investors by fostering economic stability, influencing favorable interest rates, enhancing tenant affordability, boosting market confidence, and potentially supporting economic growth, creating a conducive environment for investment and development.   #EconomicUpdate #InflationControl #FederalReserve #CPI #EconomicOutlook

🏡✨ Embracing family life while working remotely, millennials and Gen Zers are driving a surge in demand for Build-for-Rent (BFR) housing. These communities provide single-family rental homes with amenities, offering an economical alternative to homeownership. No maintenance costs or mortgage payments make BFRs an ideal choice for young families seeking space to grow. 🌱💼 #BFRHousing #RealEstateTrends #HomeownershipAlternatives #PropertyInvestment

Take a look at this MMG listing in Oklahoma City: On Market: Castle Tower Apartments | 121 Units | Oklahoma City, OK 👉 https://lnkd.in/geCP34Up At MMG, our teams share vital insights on deal performance across multiple markets. Our extensive national inventory gives us a unique perspective on the capital market. 🌐💰 Tap into our insider knowledge, and let's strategize for your success! 💡 Comment below, message me directly, or shoot me an email to get in touch. #mmgrea #multifamily #cre #onmarket #investment #okc

📊🏡 Despite the potential for muted rent growth in 2024, the multifamily sector is expected to maintain its strength. 🚀 The demand for housing surpasses supply, offering resilience. ⚖️ #RealEstateForecast #HousingDemand #MarketBalance #MultifamilyPerformance

The multifamily industry might exhibit greater resilience in the face of a recession compared to the past. The job market remains promising, with wage growth outpacing both inflation and rent growth. Furthermore, the robust demand for rental housing is expected to endure in the coming year. 📈🏡 While a recession would certainly present challenges, owners and operators can proactively address risks by closely monitoring the market, planning ahead, and staying adaptable. Prioritizing strategies like diversifying portfolios, property maintenance, and proactive financial management will be key in navigating these uncertainties. Let's talk about how to achieve your project goals! #ResilientIndustry #EconomicOutlook #RentalHousing #StrategicPlanning #Adaptability

Check out the latest report from MMG Research spotlighting the NWA Multifamily Construction Pipeline for a breakdown of expected deliveries. 🏗️🚧 👉🏻 Access it here: https://lnkd.in/gPXtZkVq #mmgrea #multifamily #cre #ConstructionPipeline #NWA

🏗️ Stay ahead in the evolving multifamily landscape! 📊 Explore our latest interactive reports from MMG Research, offering insights into the new construction pipelines of key markets. Let's navigate the changes together. 💡 Check out our 4Q23 Multifamily Construction Pipeline Reports here: https://lnkd.in/gddGCNG4   #mmgrea #RealEstateInsights #MultifamilyMarket #InformedDecisions

Exciting News from Fannie Mae! 🌐🔍 The Positive Rent Payment pilot program, spearheaded by the government-sponsored entity and housing lender, is getting an extension until December 2024. 🚀 Originally launched in September 2022, the program was slated to conclude at the end of this year. 📅This program, which has helped 23,000 renters establish a credit score for the first time, rewards timely rent payments from tenants. #FannieMae #Multifamily #CreditScore