Amherst’s Post

Exclusive Insights | This Maryland County Leads Population and Job Growth, Fuels Apartment Development Discover the Maryland county with the fastest growing population and job growth, as well as multifamily inventory. Read more in the newest blog: https://lnkd.in/e2QkHKdv Gain early access to exclusive HSA insights and listings: https://lnkd.in/ePjgump4 #realestateinvesting #realestatemarketreport #multifamily #investmentproperties #marketreport #multifamilyinvesting #commercialrealestatemaryland

Good or bad news on the housing front, depending on where you live. According the U.S. Census, the median sales price on new single family homes have stabilized in the US, unless you live in the Northeast. In the South, the median sales price has leveled out at $388,800. In the Midwest, the median home sales price stabilized at $396,300. The western US saw its median sales price drop to $536,200, while in the East, the median sales price rose to $760,700. As economic developers, we should keep an eye on home prices because they affect the ability of employers to hire and retain qualified workers. Also higher housing costs impact disposable income which may constrain spending on certain goods and services. O'Brian & Associates, LLC David Gaines, MEDP, Barry Albrecht, MEDP,

"The Dallas-Fort Worth Metroplex experienced the largest metropolitan population growth in the nation last year, adding approximately 418 residents a day, according to recent U.S. Census Bureau data." (Dallas Business Journal) Visit the Dallas Business Journal to read the full article. To learn more about Rise48 Equity multifamily investments, schedule a call with me using the link in my profile! #DFW #PopulationGrowth #DallasRealEstate #MultifamilyInvesting

NATIONAL SENIOR CITIZENS DAY On August 21, National Senior Citizens Day recognizes the achievements of the more mature representatives of our nation. The day provides an opportunity to show our appreciation for their dedication, accomplishments, and services they give throughout their lives. #SeniorCitizensDay According to the 2017 census, 47 million seniors live in the United States. By 2060, that number will nearly double. Their wealth of knowledge, skill, and experience offer so much to the next generation. As technologies advance, these are the people who've experienced each step of change. Not only have they contributed to it, but they understand first hand the benefits and the drawbacks. They know life without the advancements that exist today. #RealEstateMiami #SouthFloridaRealEstate #RealEstateNorthMiamiKeystoneMiami #NorthMiamiKeystoneRealEstate #MiamiRealEstate #RealEstate #Realtor #houseexpert #househunting #home #RealEstateAgent #RealEstateBroker #RealEstateExpert #RealEstateForSale #Realty #Broker #HomeForSale #HouseForSale #PropertyForSale #HomeForSaleMiami #HomeForSaleSouthFlorida #HomeForSaleSouthFlorida

📣NEW FEATURE🚨 We've just added a new tab to our Housing Needs Assessment Tool that allows you to look at #housing need by tenure. Renters are most often disproportionately likely to be in housing need than homeowners, but the challenges they face also have different solutions.💡 View the new tab here: https://lnkd.in/g653j7Ra

- Spokane Valley, Washington, and Allentown, Pennsylvania saw the largest growth in high-income households. - Ten US cities had increases of at least 120% in households moving in making $200,000 or more. - More wealthy movers moving into these cities could have large impacts on local economies. This is according to a SmartAsset analysis of 345 US cities from US Census Bureau data. The analysis found that just one Southern city made the top 10 for cities adding high-income households at the fastest rate between 2021 and 2022, while four cities in the northeast ranked in the top eight. Read more here 👇 https://lnkd.in/dUQMudZw If you'd like to join our fund, visit www.lvpefund.com to schedule a 1:1 call with Tejas Gosai, the fund manager. #RealestateMarket#MultiFamily #MultiFamilyRealEstate #AccredictedInvestors #Investors

Reaction to May 2024 housing starts release: Better than the headline number seems at first blush. Pro tip: watch change in backlog of SF permitted, but 'not yet started'...its a directionally important number! - Backlogs of units permitted, not yet started grew ~4k (SAAR) (vs +1k prior month). Here is how this works: - the non-seasonally adjusted increase in units permitted, not started was 4.8k. If they had been started as planned, the headline Census SAAR SF starts number would have been +52k HIGHER (since the seasonal factor in May was 10.9x) If/when these units are started, they are reported at a different rate of SAAR starts. For example, below is the incremental impact to Census SF starts headline if they are deferred until: July = +52k SF starts incrementally (SAAR) August = +54k SF starts incrementally (SAAR) September +56k SF starts incrementally (SAAR) October+58k SF starts incrementally (SAAR) November+64k SF starts incrementally (SAAR) As you can see below, the number of deferred, 'not yet started' units is now growing, and cumulative growth in this value typically causes lumpiness in future starts releases. It's a net future positive to further releases. #housing #buildingproducts #forecasting

According to a recent Bank of America report, Columbus has secured the top spot for the largest year-over-year population gain in Q4 2023. Surpassing popular cities like Austin, Las Vegas, and San Antonio, Columbus is now the fastest-growing city in America. If you're looking to invest in commercial real estate in this booming city, our team is here to help! Reach out to us for assistance. Check out the Bloomberg article for more information on how high housing costs are affecting the population growth in the West. #Columbus #RealEstate #InvestmentOpportunities

- Spokane Valley, Washington, and Allentown, Pennsylvania saw the largest growth in high-income households. - Ten US cities had increases of at least 120% in households moving in making $200,000 or more. - More wealthy movers moving into these cities could have large impacts on local economies. This is according to a SmartAsset analysis of 345 US cities from US Census Bureau data. The analysis found that just one Southern city made the top 10 for cities adding high-income households at the fastest rate between 2021 and 2022, while four cities in the northeast ranked in the top eight. Read more here 👇 https://lnkd.in/dUQMudZw If you'd like to join our fund, visit www.lvpefund.com to schedule a 1:1 call with Tejas Gosai, the fund manager. #RealestateMarket#MultiFamily #MultiFamilyRealEstate #AccredictedInvestors #Investors

The migration continues from the Northeast and West Coast. Year-over-year, lots more single-family homes are being built in the heartland. Also, seeing a modest slowing in multifamily as the syndicator-influencer boom subsides 🤔 https://lnkd.in/gDu74BZE