NAA Industry Insider: The State of Homeownership in the U.S. | National Apartment Association

NAA Industry Insider: The State of Homeownership in the U.S.


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NAAHQ   //   February 3, 2015
The Industry Insider
Your Weekly Source for Multifamily Industry News and Information
Homeownership Rate Hits Low
Lead Story
Homeownership Rate Hits 20-Year Low
Key housing barometers made headlines last week when the homeownership rate plunged to a more than 20-year low and household formations quadrupled year-over-year as part of an improving U.S. economy.
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Top Stories
TruAmerica’s Class B Property Strategy
Deals and Transactions
TruAmerica’s Class B Property Strategy
Although snapping up luxury Class A properties in hot markets tends to be the investment strategy for most companies, TruAmerica Multifamily is taking a different approach in rehabbing older Class B properties in less popular areas.
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2014 NAA student housing conference
Sponsored Content
The 2015 NAA Student Housing Conference & Exposition Is Just Two Weeks Away
The 2015 NAA Student Housing Conference & Exposition, Feb. 17-18 at the ARIA Resort in Las Vegas, is your ticket to graduating to the next level of management in this thriving niche of rental housing.
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Suburban rent growth
Deals and Transactions
Suburbia Is Heating Up
Suburban rent growth is climbing at a greater rate than growth in urban areas, and companies such as Avalon Bay Communities are taking notice and shifting their portfolios.
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NAA EduConf
Click & Lease
Industry Buzz
How to Connect With the Local Community
A successful lease-up involves creating a community that resonates with local residents. Dana Pate, residential director of marketing at Matrix, shares best practices from prior launches.
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NAA Cap Con
Sponsored Content
HUD Secretary to Address NAA Capitol Conference
Julián Castro, the new Secretary of the U.S. Department of Housing and Urban Development, will speak to NAA Capitol Conference attendees during a special luncheon session on March 17.
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Construction costs
Market Trend Insights
High Construction Costs Fuel Demand for Efficient Building Designs
Omitting design elements such as hallways or leaving areas such as fire stairwells unfinished can help cut down on construction costs in multifamily buildings.
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Industry Buzz
How to Get Referrals from Former Residents
Staying in touch with former residents and offering incentives for their return may entice them to refer friends and family to properties in the future.
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Market Trend Insights
Atlanta’s on the Rise
The Georgia capital is bouncing back from the heavy-hitting recession with improved effective rent growth and a greater supply of units.
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South Loop
Market Trends Insights
Will Tech Employees Gentrify Chicago’s South Loop?
As more companies begin to eye the South Loop as an attractive area for business, their employees may move to the area in order to have short commutes and affordable prices.
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Foreclosure Credit Issues
Market Trends Insights
Buyers Are Back: Foreclosure Credit Issues No Longer in Play
The eight-year limitation on credit issues for many homeowners who went into foreclosure at the beginning of the recession is about to expire. See how the real estate market is expected to respond.
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360 Mission & 360 Partner
NAA Announcements
Save With NAA’s Open Door Program
Gain exclusive member benefits on services and products through NAA’s Open Door Program, which connects communities with quality companies, such as FedEx, Office Depot and Lowe’s Pro Services.
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Sign Up Early for NAA Education Conference and Expo
Save up to $125 by registering today for the 2015 NAA Education Conference and Exposition this June in Las Vegas. The event will include networking opportunities, more than 50 breakout sessions and a keynote speech by Jay Leno.
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Help Find the Best Communities in the Country
Applications are now open for the 2015 NAA PARAGON Awards, which will recognize the excellence of industry professionals in shaping today’s multifamily market. The deadline for submissions is March 27, 2015. The winners will be announced at the 2015 NAA Education Conference and Exposition featured in the September issue of units Magazine.
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NAA Helps Design Multifamily Spaces on Lifetime
NAA highlights its savvy design tips on one recent and two upcoming episodes of Lifetime’s Designing Spaces. The projects focus on several demographics — empty nesters, students and military residents — and include interviews with NAA members and senior leadership.
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