Young buyers seek multifamily homes as housing inventory shortage bites

As real estate markets struggle with low inventories of homes for sale, some buyers are opting to investing in multifamily properties instead of buying a single-family home, the Washington Post reports. The advantage of doing so is they can live in one of the units and rent out the others to help with mortgage costs

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Single-family housing starts up in June, but not enough to meet demand

Single-family home construction was boosted last month, offering small relief to markets affected by an ongoing shortage of available homes for sale. But economists say the pace of construction still isn’t fast enough to meet buyer demand. Last June saw an increase in single-family housing starts, which helped to offset a drop in multifamily production.

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HUD Charges Idaho Landlord with Familial Status Discrimination

On May 31, 2019, HUD charged the owners and manager of an Idaho rental property with violation of the familial status provisions of the Fair Housing Act (FHA). HUD alleges they refused to rent a home to a couple with seven children. What is Familial Status Discrimination? When first adopted in 1968, the FHA only

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Jones Lang LaSalle to acquire HFF for $2bn in multifamily sector merger

Investment management firm Jones Lang LaSalle is targeting a bigger share of the multifamily real estate business after announcing plans to acquire commercial services provider HFF Inc. in a $2 billion deal. The proposed deal would see Jones Lang LaSalle snatch up all of HFF’s outstanding shares in a cash plus stock transaction. Jones Lang

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Freddie Mac unveils new program to keep rents affordable for low income families

The mortgage giant said the new Mezzanine Loan

Residential Landlords’ Guide to Assistance Animals

News reports recently have included much discussion about The Air Carrier Access Act and FAA regulations governing assistance animals on airplanes.

Fair Housing Act Primer for Multifamily Owners

Fifty years ago, on April 11, 1968, The Fair Housing Act (FHA) became law. At first, the FHA only prohibited housing discrimination based upon race, color, religion, and national origin.

Real estate data provider ResiModel rebrands as redIQ

To underscore a shift in direction that has resulted in a rapid penetration of the U.S. multifamily market, the industry’s leading platform for capturing, processing and analyzing multifamily transactional data has changed its name from ResiModel to redIQ, meaning “Real Estate Data Intelligence.”

Hooray, more single-family homes on the way

Home builders have answered the call to provide more single-family homes in the last month, with production rising by 8.1 percent to a seasonally adjusted annual rate of 783,000 units

As SFR Ownership Slips, Atlanta Innovates And Prepares For The Future

Walkable neighborhoods inside the city; new multi-family units replacing aging properties, adding more multi-family construction nearer to the inner city, and building fewer single family houses. The most notable change in Atlanta real estate in many years is the shift away from a focus on single family residential

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