Brad Hunter

Apr 16, 2024 | forbes.com | Brad Hunter

While the rental apartment market is currently seeing downward pressure on rents, the single-family rental market is back to a solid pace of rent increases. Market analyses by Hunter Housing Economics show that there is an increasing level of pent-up demand for built-for-rent single-family housing. New data just released show that single-family rent growth regained strength in February, posting the highest annual appreciation since April, 2023 (per Molly Boesel, principal economist of CoreLogic®.

Feb 16, 2024 | forbes.com | Brad Hunter

There is a great deal of hand-wringing about the huge number of multifamily deliveries taking place nationwide (575,000 delivered in 2023, with 475,000 more coming this year, and back to a more normal 350,000 in 2025, according to CoStar). The rate of growth of rents has slowed dramatically, falling in many parts of the country. This supply will remain a headwind for rent increases for the next 12 to 24 months.

Jan 24, 2024 | forbes.com | Brad Hunter

The blazing-hot pace of construction in the build-to-rent (”BTR”) segment of housing is slowing down sharply. But it is not for a lack of demand from consumers. Rather, the slowdown is a reflection of a “capital crunch” for new construction. Shortly after interest rates started rising sharply in 2022, the amount of capital seeking BTR deals was drastically reduced. The debt side worsened before the equity side; the harbinger was the failure of Silicon Valley Bank and Signature Bank.

Jan 4, 2024 | bdmag.com | Brad Hunter

A return to the normal economic relationship between mortgage rates and home sales is expectedBy Brad HunterIt has been striking how well homebuilders have continued to do in the face of a massive increase in mortgage rates. Econometric forecasting models did not envision the extreme lows in the inventory of resale homes, nor the way this shortage would drive more buyers toward the new homebuilders. What accounts for the strength of homebuilding?

Oct 26, 2023 | forbes.com | Brad Hunter

The pattern shows up in many areas of the country: development activity fills in between two metropolitan areas, typically along one or more highways that connect them. Orlando to Tampa along I-4 is another prime example, and there are dozens more around the country. From New Braunfels to San Marcos, as well as closer-in suburbs, the stretch between Austin and San Antonio is starting to fill in, providing young families and singles with an alternative to home ownership.