Green Lights Signal an Encouraging 2026 Multifamily Outlook
It may be standard practice for some to greet the new year – any new year – with declarations of guarded, cautious or restrained optimism. Yet in many respects that fairly describes this moment for multifamily investors. That’s a topline assessment from Walker & Dunlop’s Kris Mikkelsen, the firm’s executive vice president and co-head of their national Capital Markets group. Since assuming leadership…»
Multifamily Rents Flat in 2025, Modest Growth Seen Ahead
Multifamily rents ended 2025 where they started, according to Yardi Matrix’s National Multifamily Report. The U.S. average advertised rent decreased $5 to $1,737 in December, with year-over-year growth dropping 20 basis points to 0%. “Years without growth are rare. The last one with no average national advertised rent recorded was the 2020 pandemic year,” noted the report. “Before that, the last…»
Asking rents decline for the 29th consecutive month
Asking rents declined for the 29th consecutive month year over year in December, but the latest data show the easing is increasingly concentrated among higher-priced rentals, leaving many lower-cost renters with little relief. The median asking rent across the 50 largest U.S. metros was $1,689, down 0.7% from December 2024, according to the Realtor.com® December Rental Report. Metro…»
These metro Phoenix residents are renting instead of buying homes
Paul Ruffino owns a home in north Scottsdale’s Troon area but lives with his wife and two daughters in a luxury rental house in north Phoenix where they have a trash valet and resort-style amenities. He’s part of a growing group of renters-by-choice, who are opting for maintenance-free homes and apartments with garages that are located in popular locations and cost less than a mortgage…»
Taylor Morrison unveils 473-acre luxury Phoenix community; plus more Valley real estate deals
Scottsdale homebuilder Taylor Morrison has taken the wraps off its newest luxury master-planned community, Verdin, in far northeast Phoenix. The 473-acre project within the Deer Valley School District has room to build out as many as 1,225 homes. It boasts five home collections with single- or two-story floor plans and 10 model homes are now open. Taylor Morrison acquired the land in …»