Multifamily building permits have dropped 30% since 2021: Redfin

Rising interest rates and market saturation have caused multifamily builders to slow the rate of new projects, according to a Redfin report published on Tuesday. Between 2021 and 2023, builders filed an average of 18 permits to build multifamily housin… Continue reading

Treasury Secretary: Commercial real estate will suffer ‘some pain’

In her first interview since the resolution of the debt ceiling crisis, Treasury Secretary Janet Yellen said that while she expects “some pain” and even consolidation, banks will weather the storm. Continue reading

Offices are in trouble. Can turning them into housing save downtown?

Office-to-residential conversions are on the upswing as remote work destabilizes commercial real estate nationwide. “Everything is on the table,” affordable housing advocate Janan New told Inman. Continue reading

Inman Review: Tenants and leasing teams get better connected with RentTango

Digital lead-to-lease solution RentTango is more “consumer app” than business system — a feat not easy to achieve in a segment of the industry that’s so numbers-based. Continue reading

Coastal cities and Sun Belt metros are building homes wrong: Study

Zoning changes in Houston, Atlanta and elsewhere would allow ‘missing middle’ housing, according to new Apartment List study. Continue reading

Growing cities losing affordable housing at alarming rate: Study

Released Wednesday, a new study from Freddie Mac finds a striking correlation between population growth and affordable housing. Continue reading