Posted on 22. Jul, 2014 by Alexis Hammond.
Many young renters across the United States have decided to forego larger apartments for a better location or amenities. “They’re sacrificing living space for a prime urban location and extras such as cooking classes, dog-wash stations and poolside Wi-Fi.” Bloomberg recently posted an article exploring and discussing what young professionals are looking for when deciding […]
Posted on 14. Jul, 2014 by Alexis Hammond.
Although the housing market has been in a slump during recent years, a recent surge shows that the real estate market is starting to fight back. The gain in the month of May is the fastest we have seen since 2011. The article posted by NBC News tells us exactly how the market has seen […]
Posted on 11. Jul, 2014 by Alexis Hammond.
Baby Boomers and Millennials make up the two of the largest groups of renters in the United States. Trying to satisfy both groups at the same time offers owners and managers many options. Baby Boomers tend to be long term renters, while Millennials are more likely to move around, so trying to satisfy both comes […]
Posted on 08. Jul, 2014 by Alexis Hammond.
In the month of May, rent across the country increased. For example, in Texas, there was a direct correlation between higher rent to growth in the gas and oil industry. In this article posted by Multifamily Executive the top 10 Metro cities with the highest growth were released. See the full article here.
Posted on 07. Jul, 2014 by Alexis Hammond.
This week The Wall Street Journal released an article sharing the strength of the multifamily market. Two separate purchases lead many investors to believe that this is a sign of constant and long lasting growth for the multifamily market. Check out the full article here to learn more.
Posted on 30. Jun, 2014 by Alexis Hammond.
Many people across the U.S. compare home prices from city to city. One way in particular to do this is to compare home prices with income in each city. NPR posted an article recently discussing the effects geography and zoning have on housing prices. See the full article fron NPR here.
Posted on 24. Jun, 2014 by Alexis Hammond.
A recent data release from Axiometrics reveals some promising numbers for apartment occupancy rates. As of May, national apartment occupancy had reached 95%, Axiometrics said Thursday. Read the full article from GlobeSt.com
Posted on 29. May, 2014 by Alexis Hammond.
The decision on whether to rent or buy, can be one of the most important financial decision you make. The New York Times recently released a comprehensive Rent vs Buy calculator that can help you make an educated decision. Read the full article here.
Posted on 22. Apr, 2014 by Alexis Hammond.
“According to the National Association of Realtors, 89 percent of home shoppers use a mobile device during their search.” With statistics like these, it has become a necessity to rethink your marketing strategies to accommodate the mobile consumer. This begins with looking at what your website and what your mobile optimization options are. This article […]
Posted on 18. Mar, 2014 by Alexis Hammond.
A new poll of Millennials puts travel and self-employment at the top of what they consider the American Dream. Putting these values far higher than generations before them. More surprising numbers show Millennials identify the dream of homeownership at a far lower rate than Gen X and Baby Boomers. This from the latest MassMutual third biennial […]
Posted on 29. Jan, 2014 by Bryan Ives.
A recent report by Dallas based-research firm Axiometrics lists the top 10 metros with the highest occupancy rates. According to the report, three metro areas in Florida have occupancies greater than 95 percent.
Posted on 17. Jan, 2014 by Bryan Ives.
Zillow, Inc. has partnered with AOL Real Estate and is now powering the site’s home shopping experience. Zillow is now the exclusive provider of for-sale and for-rent listings to four of the top real estate websites in the country.
Posted on 13. Dec, 2013 by Bryan Ives.
Since the housing crash in 2008, 4.6 million homes were lost to foreclosure causing the majority of those homeowners to become renters, according to CoreLogic. According to Harvard’s Joint Center for Housing Studies, there are now 43 million renter households. That’s 35 percent of all U.S. households, the highest rate in more than a decade for all age groups and 4 million more renters than there were in 2007.
Posted on 02. Dec, 2013 by Bryan Ives.
U.S. developers received approval in October to build apartments at the fastest pace in five years which could lead to economic growth. According to the Commerce Department, permits to build houses and apartments were approved at a seasonally adjusted annual rate of 1.034 million.
Posted on 12. Nov, 2013 by Bryan Ives.
According to a recent review of third quarter 2013 housing data by realtor.com, the housing recovery was led by a variety of cities from Detroit to Santa Barbara, CA. The survey ranked housing markets based on their inventory of available homes, average number of days that their properties are on the market and their median list prices.
Posted on 30. Oct, 2013 by Bryan Ives.
According to the S&P/Case–Shiller home price index U.S. single-family home prices rose in August and posted their strongest annual gain since February 2006. Prices were up 12.8 percent compared to last year and exceeded economists’ expectations of 12.5 percent.
Posted on 17. Oct, 2013 by Bryan Ives.
As a result of the government shutdown and Congress temporarily raising the debt ceiling consumer confidence in the housing market may be affected. According Fannie Mae’s recent outlook the housing recovery will only be briefly interrupted.
Posted on 04. Oct, 2013 by Bryan Ives.
Demand for apartments continues to rise despite recovery in the single-family housing market. According to a report from Reis, only 4 percent of U.S. apartments nationwide were vacant in the second quarter of this year.
Posted on 30. Aug, 2013 by Bryan Ives.
Apartment Guide recently released an interesting infographic listing the top 10 metros in America with the lowest rental costs that provide top amenities, such as a pet-friendly building policy, laundry facility and a fitness center.
Posted on 13. Aug, 2013 by Bryan Ives.
Blackstone Group LP has agreed to buy majority stakes in 80 apartment complexes from General Electric for $2.7 billion, according to media reports. Blackstone is reportedly purchasing the properties from GE Capital in what will be one of its largest investments in the multifamily market.
Posted on 25. Jul, 2013 by Bryan Ives.
Temperatures have reached record highs this summer and keeping cool has not been easy in many cities. The Apartment Guide recently released an infographic of the top metros across the nation that provide the best cities to escape from the heat and few tips on how to keep your apartment cool.
Posted on 12. Jul, 2013 by Bryan Ives.
Jill Marie Silvey, a real estate agent in Silicon Valley, received a 15-year prison sentence for using a home-loan Ponzi scheme to take advantage of friends and family, adding up to over $2 million.