According to the latest Yardi Matrix Multifamily Report, multifamily rents are off to a positive start for 2025 with the average U.S. advertised rent increasing $3 nationally in January to $1,746. Year-over-year rent growth was up 20 basis points to 0.8%. “Multifamily got the year rolling in a positive direction, with rents in January breaking a six-month negative growth streak….[HOWEVER]…One of the questions the industry faces in 2025 is whether demand will repeat 2024’s red-hot level.” Click here to read the full report at Yardi.   The post Yardi Says Multifamily Rents Off to Positive Start in 2025 appeared first on Real Estate Investing Today.

Andrea Mayhew is a Redfin Premier agent who serves buyers and sellers in Vancouver, WA. She joined Redfin in September 2024 from John L. Scott and has flourished under Redfin’s model, even bringing her husband and business partner, Jon Mayhew, on board to form The Mayhew Team. We caught up with Andrea to hear more about her experience at Redfin so far.  Tell me about your career up until now and how you got into real estate. I got into real estate seven years ago. I was about to hit a big milestone birthday and had a “what am I doing with my life?” kind of moment. I worked in corporate banking at the time, and I had helped a lot of clients who were real estate agents. They’d often chat me up and always said I’d do well in the industry, which intrigued me enough to make the big …

Home prices grew 0.6% month over month in January, equal to the quickest pace since November 2023. On a year-over-year basis, home prices rose 5.4%—the slowest pace since August 2023. Ten of the 50 most populous U.S. metros recorded a drop in home prices month over month, led by Tampa (-1.6%). U.S. home prices rose 0.6% from a month earlier in January on a seasonally adjusted basis, a tick faster than the 0.5% growth experienced each of the three months prior. The last month that home prices grew at a quicker pace was November 2023 (0.7%).  This is according to the Redfin Home Price Index (RHPI), which uses the repeat-sales pricing method to calculate seasonally adjusted changes in prices of single-family homes. The RHPI measures sale prices of homes that sold during a given period, and how those prices have changed since the last time those same homes sold. It’s …

Chart of the Month — February 2025 Overview By 2050, over 1 million homes in Los Angeles, San Diego, and San Francisco with low flood risk will see their flood risk rise higher than their fire risk. Flood risk increases in areas recently burned by wildfire. Even without assuming worst-case climate scenarios, homes with very low flood risk will have risk increase by 40 points or more by 2050. Risks from natural hazards can be interdependent. The fires in Los Angeles this January followed two years of wet winters which encouraged the vegetation growth that became wildfire fuel. Now, the metro’s burned areas lack the vegetation that can absorb water, making them more vulnerable to flood. This cycle is one that repeats itself across California, but each area of the state faces a different level of risk. And that risk is not trivial. In Los Angeles, San Diego, and San …