Glut of new supply drags down BTR and multifamily rental rates in the Sun Belt

Rents for both multifamily and single-family built-to-rent units moved sideways over the last year. Still, rents in most major Sun Belt markets are down annually due to a glut of new housing, according to the latest Yardi Matrix National Multifamily Report. Meanwhile, rental growth is typically the
Read MoreNRMLA speaks out on the future of federal reverse mortgage programs

After federal housing leaders issued a request for information in October about the future of two key reverse mortgage programs, the National Reverse Mortgage Lenders Association (NRMLA) weighed in last week with a detailed list of suggestions. The trade group issued an 11-page letter to the U.S. De
Read MoreHouse committee is set to review Senate-approved housing bill

The ROAD to Housing Act wasn’t included in the National Defense Authorization Act (NDAA) released on Sunday, despite speculation that it might sneak in as an attachment to the more urgent priority $900 billion defense spending bill. Still, the bipartisan housing legislation, which enjoys widespread
Read MoreSweeping new zoning targets Nashville housing affordability

Nashville, one of the fastest-growing Sun Belt cities over the past decade, has been working to address the housing affordability issues that accompanied its massive economic development. Confronted with a shortage of nearly 90,000 homes, the Nashville Metro Council made its most significant move si
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