Episode Description:Welcome to another insightful episode of "Today in Multifamily Housing" with hosts Alex Carter and Ben Jacobs. In this Monday morning briefing, we dive deep into the latest developments shaping the multifamily real estate landscape.📊 What We Cover:🏗️ Construction Data BreakdownJune housing starts surge 4.6% to 1.32 million units annualizedMultifamily construction leads with an impressive 30% monthly jumpSingle-family struggles continue with starts dropping to 883,000 unitsWhat this data really means for developers and investors💰 Major Investment ActivitySPI Advisory & FCP's strategic 600-unit acquisition in Lewisville, TexasMLG Capital's inaugural Washington state purchase in SilverdaleMarcus & Millichap's $15.6M California deal in Manteca ($279K per door)Analysis of the dominant "value-add" investment strategy📈 Market Reality CheckThe truth behind 23 consecutive months of rent declinesWhy renters are only saving $50 despite two years of "declining" rentsPittsburgh: America's only market where buying beats rentingBuilder confidence remains in contraction territory🎯 Key Takeaways:Multifamily construction is driving housing market recoverySmart money is targeting specific high-growth submarketsRent affordability challenges persist despite technical declinesInvestment focus on value-add plays in secondary markets🤔 Episode Question:With new multifamily supply coming online but minimal renter savings, where will the balance of power shift in the next year? Will new supply favor renters, or will persistent demand keep owners in control?Sponsored by: Sunrise Signs - Creating high-impact, custom signage for the multifamily industry. From monument signs to wayfinding systems, they help you attract and guide your next resident. Visit sunrisesigns.comDuration: 5 minutes 46 seconds | Professional industry analysis for multifamily housing professionalsPerfect for: Real estate investors, property managers, developers, multifamily professionals, and anyone tracking apartment market trends.

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