Radix’s Post

In this week's episode of the Radix Review, Jay and I cover recent rent and operating trends, take a deep dive into apartment performance in the Texas markets, and share our thoughts on the recent CPI report. Multifamily fundamentals have slowed over the past few weeks with rents and occupancy rates declining modestly at the national level. Texas metros remain burdened by new supply, but demand continues to outperform. Once the major metros absorb the oncoming supply, performance should bounce back quickly. Houston is a prime example of this trend. Typically Houston is among the highest supplied markets in the country, but its development pipeline has slowed and with demand remaining elevated, the market is the top performing of the Texas big four metros. The Consumer Price Index posted a month-over-month decline for the first time in four years last month. Could this finally be the data the Fed needs to cut rates? Check out the full podcast on Apple and Spotify! https://lnkd.in/edF4TTYU https://lnkd.in/egpbsjHF

We are focusing our content this week on Boston, one of the best performing markets thus far this year. Rents and occupancy are growing against a backdrop of national declines in both metrics. Demand in the northeastern Gateway market remains. Check out this week's chart of the week and stay tuned for our Boston metro report and podcast! #realtimedata #Boston #Radix #multifamily

The economic and multifamily market volatility of the last few years has left 2024 feeling like it’s moving at a glacial pace. Join Courtney, Matt, and Chris Nebenzahl, Director of Economic Research at Radix, as they examine how apartment supply, traffic and occupancy are reflecting more normalcy, as well as a preview of what 2025 may look like as inflation, employment rates and interest rates continue to fluctuate. #ApartmentsOnTheGo #podcast #multifamily https://lnkd.in/gKUNS7Er

𝗔 𝗣𝗼𝗱𝗰𝗮𝘀𝘁 𝗜𝗻𝘀𝗶𝗴𝗵𝘁 𝗪𝗼𝗿𝘁𝗵 𝗦𝗵𝗮𝗿𝗶𝗻𝗴 🎧 Podcasts offer one of the best ways to stay current on relevant news. Guests are usually experienced subject matter experts.   For example, Brian Bailey is a Senior Policy Advisor at the Federal Reserve Bank in Atlanta. In a recent episode of Whitney Sewell's "Real Estate Syndication Show", he provided this analysis.   𝗥𝗲𝘁𝗮𝗶𝗹 𝗶𝘀 𝗱𝗼𝗶𝗻𝗴 𝘄𝗲𝗹𝗹 𝗯𝘂𝘁 𝘁𝗵𝗲𝗿𝗲 𝗮𝗿𝗲 𝗰𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲𝘀 𝗶𝗻 𝗠𝘂𝗹𝘁𝗶𝗳𝗮𝗺𝗶𝗹𝘆.   🤔 What?   𝗧𝗵𝗮𝘁'𝘀 𝗼𝗽𝗽𝗼𝘀𝗶𝘁𝗲 𝗼𝗳 𝘄𝗵𝗮𝘁 𝘄𝗲 𝗵𝗮𝗱 𝘂𝗻𝗱𝗲𝗿𝘀𝘁𝗼𝗼𝗱. 𝗕𝘂𝘁 𝗵𝗲𝗿𝗲'𝘀 𝘄𝗵𝘆.   Retail apocalypse? That sentiment drove builders and lenders to back off. Builders stopped building retail. We built only 25-30% of the retail we've built over the last 10 years. Now the demand for retail space is strong but the availability is limited.   And multifamily is in oversupply. That doesn't make sense because isn't there a housing shortage across the U.S.?   📈 Mr. Bailey's analysis finds that most of the new projects in the last few years are in the luxury high-end segment, and the shortage is in workforce and affordable housing.   Vacancy rates are increasing in higher-end multifamily. We see concessions that include 2-6 weeks of free rent. And more luxury units under construction because that's what builders and lenders like.   But shortage on the lower end of multifamily is real and likely to persist.   Think about that when you choose where to place your investment capital.   We've chosen to focus in workforce housing, not because there haven't been good returns in other sectors and asset classes, but because experience creates insight and insight delivers consistent success. ____ #RealEstate #PassiveInvesting #PassiveIncome #FinancialLiteracy #FinancialFreedom #FinancialIndependence #GenerationalWealth #PropertyManagement #InvestmentProperty #PassiveInvestorPartner #PropertyInvestment #RealEstateInvestor #MultiFamily #MultiFamilyRealEstate

Check out this weeks Radix report highlighting Boston’s rent and operating trends!

Understanding market rents can be tricky, and they often differ from what's on your rent roll or online. It's crucial to connect with local leasing agents to get the real scoop. When I buy a shopping center, I spend considerable time in the marketplace, meeting with neighboring leasing agents and driving through the area to identify my competition. This hands-on approach ensures I have accurate, up-to-date information about market rents. Listen to the full podcast here: https://lnkd.in/gVY3-FXC #retailleasing #retailrealestate #themallwhisperer

Explore the steady yet promising rise of the Denver multifamily market in our latest report. Despite a softening in demand, the Mile-High City showcases resilience with positive annual rent growth and lighter occupancy losses compared to other metros. Discover how Denver's employment market and suburban pockets are setting the stage for an optimistic multifamily cycle ahead. Narration on Spotify: https://spoti.fi/3tM0oKf Narration on Apple Podcast: https://apple.co/472gk9p #DenverRealEstate #MultifamilyMarket #MarketInsights

It’s been a year inundated with data, policy, and overall change in the housing market, and that can feel overwhelming! But knowing where we’ve been and seeing the forest through the trees (or maybe the neighborhood through the new construction) is the only way to know where we’re going. That’s where we come in! 😀 In today’s episode of Change and the Market, Chris is taking a step back and discussing the changes and why they’re important to you! “There is not one trend right now that’s repeating itself.” 📊 But what does that mean for topics like pricing, home values, and generational wealth? Check out today’s episode, and you’ll find out! #changeandthemarket #realestate #betterhomesandgardensrealestate

Understanding market rents can be tricky, and they often differ from what's on your rent roll or online. It's crucial to connect with local leasing agents to get the real scoop. When I buy a shopping center, I spend considerable time in the marketplace, meeting with neighboring leasing agents and driving through the area to identify my competition. This hands-on approach ensures I have accurate, up-to-date information about market rents. Listen to the full podcast here: https://lnkd.in/gRGxcG4G #retailleasing #retailrealestate #themallwhisperer