Market Intelligence

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MARKET INTELLIGENCE
The Interval Between Uses
Every underutilized building is priced twice — what it's worth today, and what it's worth to whoever prices its next use. The spread is where owners find opportunity.Every underutilized building is telling you two numbers at once. The first is what it is worth doing what it does now — a half-occupie
MARKET INTELLIGENCE
Doom City, Reconsidered
Cleveland's largest-ever industrial redevelopment is reshaping the East Side. Why the Midline and Housing Innovation District change what new supply does to rent and value.Long-vacant industrial buildings along Cleveland’s near East Side — the dead land the Midline and the Housing Innovation Distric
MARKET INTELLIGENCE
Section 8 Property Values: What They Actually Sell For
Section 8 properties sold for under $20K to over $200K per unit since 2020. See the national and regional data — and what determines where a property lands.There is a number that gets repeated about affordable housing sales — a national average price per unit, the kind of figure that anchors a headl

Market Briefs

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MARKET BRIEFS
One Number, Five Stories
National apartment rents barely moved in July 2026, but five regions diverged sharply — and each region's construction pipeline explains why.National apartment rents edged up 0.4 percent over the year in July, holding near $1,808, while occupancy eased about half a point to 94.2. That small divergen
MARKET BRIEFS
One Metro, Sixteen Markets
Cleveland-Akron rents grew 3% last year — but North Collinwood gained 11% while neighboring submarkets fell. A submarket-level look at the spread the metro number hides, and what it means for affordable and multifamily owners.Cleveland-Akron multifamily rents grew 3.0% over the past year — a middlin
MARKET BRIEFS
Detroit: Remaking the Motor City
How Detroit's adaptive reuse pipeline and Midtown's institutional anchors are reshaping the multifamily market — rent growth, vacancy, and what investors need to know.Detroit ranks 78th in the 2025 Resonance World’s 100 Best Cities Report — ahead of several U.S. peer cities and recognized for its co

HUD

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HUD
The Factor Isn’t the Market
HUD's 2026 OCAF averaged 5.1% while national market rents were flat — and ranged from +5.8% to −5.2% by metro. Why the cost adjustment isn't a market measure.Each year, owners of project-based Section 8 housing receive an adjustment to their contract rents through HUD’s Operating Cost Adjustment Fac
HUD
HUD Revises FY 2026 FMRs, Responds to Comments
HUD's revised FY 2026 Fair Market Rents take effect May 21 for Los Angeles, Napa, Asheville, and four other markets — plus what HUD said about the data lag.The NoticeOn April 21, 2026, HUD published a revision to the FY2026 Fair Market Rents on the Federal Register, with revised FMRs taking effect M
HUD
Four Markets. Four Different Stories.
What the FY2026 Small Area Fair Market Rent data reveals across Cleveland, Boston, Atlanta, and Los Angeles — and what it means for Section 8 owners and multifamily investors evaluating renewal strategy and asset positioning in each market.HUD published the FY2026 Small Area Fair Market Rents in the