News

Rent-control policies, while well-intentioned, are not a viable solution to the current affordable housing crisis. In fact, they can negatively affect both landlords and renters in the long run. First ...

Columnist Lew Sichelman examines the effects of higher interest rates on the rent vs. buy debate. Just one year ago, home ownership was more affordable than renting in most places, ...

There aren’t many big cities where rent is cheap, even for a studio apartment. But if you’re single and don’t like roommates, online brokerage RentHop found the 15 U.S. cities where rent ...

From a military standpoint, repealing the statewide prohibition to rent control is a misguided policy that will have a detrimental effect on military personnel and their families. Rent control can ...

SB 99, sponsored by Senator Linda Lopez (D-Bernalillo) and Representative Patricia Roybal Caballero (D-Bernalillo) sought to repeal a state law adopted some 30 years ago that precludes local governments from ...

Albuquerque City Councilor Tammy Fiebelkorn is behind two new proposals aimed at regulating Albuquerque’s rental market. She says the goal is to give city leaders a better idea about how ...

There is a broad, national consensus that the United States has a housing shortage. For decades, housing production and preservation has fallen short of what is needed to keep housing ...

Tenants maxed out on rental spending combined with new apartment supply are expected to moderate increases The pandemic-fueled boom for multifamily building owners is fading fast going into 2023. Apartment ...

Speeding Rhiannon Samuel, the executive director of NAIOP NM, recently spoke with Albuquerque Business First about some of the organization's priorities for the 2023 legislative session in Santa Fe. Read ...

There are currently 30 communities under construction in Albuquerque, representing 4,274 new apartments. Market apartments make up 57.5% of the total, while affordable apartments account for 42.5% of the new ...

Housing the unhoused. No resources to treat the underlying causes. We’ve all heard a lot about it in the news over the last few years. Despite controversies and delays, the ...

The national average rent-to-income reached 30% for the first time in the more than 20 years. The US is now rent-burdened nationally for the first time, according to new research ...

Boston readies 6% rent hike cap as Massachusetts moves to lift preemption. At a time when apartment rents are starting to descend from the record highs—and the momentum for rent ...

Two New Mexico lawmakers woke up on the streets of Downtown Albuquerque Sunday, January 22. They say it’s an effort to learn more about the homeless crisis in our state. ...

You need over a quarter of a million dollars, on average, to buy a house in Albuquerque. It’s at least twice that much in Santa Fe. Want to rent an ...

Yes, America is a wounded giant—but it always has been, and the case for optimism is surprisingly strong. Negativity is by now so deeply ingrained in American media culture that ...

City seeking $50 million from state legislature to support housing efforts As the start of the 60-day legislative session approaches, the City of Albuquerque announced that it is requesting $50 ...

The housing market had an insane year in 2022, and the rental market fell in tandem with the chaos. As housing prices rose, so did rent. Now, as 2023 kicks ...

ApartmentList’s national rent index dropped by 0.8 percent in December, in the fourth straight month-over-month decline for the sector — and the rest of the year is on track to be ...

The Vermont Association of REALTORS® knows that increasing rent control regulations in Burlington will infringe on private property rights – and won’t fix the housing challenges.  Through an Issues Mobilization campaign supported by ...

Yardi Matrix says a recession will likely begin in the second half of 2023. By Paul Bergeron Yardi Matrix has revised downward its apartment rent forecast for 2023 to 3.1% ...

With the Emergency Rental Assistance Program running out of federal funding, New Mexico legislators must decide if the state will continue funding the program or not. The program has officially ...

If governments would streamline the eviction process, a large percentage of the homeless population could be housed. There is a solution to the homelessness issue that is being ignored. Many ...

It’s easy to blame remote workers for the pandemic’s chaotic housing market. Highly paid white-collar employees who exercised their newfound freedom and turned once cheap locales into expensive “Zoomtowns” make ...

Yesterday, I posted a prediction mostly about what is likely to happen with owner occupied and single-family housing in 2023. What about rental housing? My prediction about rental housing is ...

The pandemic years have created a winning trifecta of high rent, occupancy and demand in the multifamily sector. Vacancies dropped to 5.8 percent, their lowest level since the mid-1980s, rents ...

For those without money, which from any reasonable definition of having financial resources is a huge portion of the populace, housing is a big issue. There was a time when ...

The writer served as an at-large Montgomery County council member from 2010-2022, and was chairman of the council’s Planning, Housing & Economic Development Committee. Responding to the growing challenge of ...

Titan Development, Alliance Residential, RS21, and the City of Albuquerque announced a large-scale public mural on the eastern side of Broadstone Nob Hill, a multifamily property developed by Titan and Alliance ...

Finding a place to rent in Las Cruces is tough. Finding a cheap place to rent is even harder. Whether a renter looks in Sonoma Ranch, Chiva Town, or Mesilla ...