Market Insights: Perspectives

28k+ Jobs Added Since 2022 Governor McMaster indicates the number of new jobs incorporated into the economy doubled in 2023 South Carolina’s thriving economy — with 14,000 new jobs added in 2023 — presents a lucrative opportunity for investing in multifamily real estate. This significant growth builds upon the 14,000 jobs that were previously added in 2022, showcasing a promising trend of econom...

Many construction projects involve complex terms that can be unfamiliar to those not directly in the field. This glossary aims to bridge that gap by offering clear and understandable definitions. With this resource, anyone involved in a construction project — from architects reading plans to clients wanting a better understanding of the building process — will have the tools to ask informed questi...

Investing in real estate can be a smart choice, but not all investments are created equal. There’s no denying rental properties are a surging market. Mortgage interest rates have risen dramatically over the past few years, high enough to price many people out of purchasing a home. It means the demand for rental properties is high. You don’t have to be an economist to see it — there’s a crane on ev...

While the narrative might suggest an overabundance of multifamily housing in the Twin Cities, recent data paints a different picture. A  Star Tribune article that was published this week highlights a significant decrease in apartment permits issued, with only 115 permits granted this April compared to April 2023 — a 55% drop. This contrasts with the rising demand for rentals driven by affordabilit...

No. 2 Fastest-Growing Austin, TX is ranked as the second fastest-growing large metro area nationwide Austin’s strength is partly fueled by its youthful population. A quarter of the metro’s residents are aged 20–34 according to a recent CoStar market study. The young, educated workforce has attracted businesses offering high-paying jobs, boosting the median household income above the national ave...