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New Poll Of Millennials Gives New Meaning To The American Dream

New Poll Of Millennials Gives New Meaning To The American Dream

Posted on 18. Mar, 2014 by .

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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 […]

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Top 10 Metros With Highest Occupancy Rates

Top 10 Metros With Highest Occupancy Rates

Posted on 29. Jan, 2014 by .

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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.

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Zillow Partners With AOL Real Estate

Zillow Partners With AOL Real Estate

Posted on 17. Jan, 2014 by .

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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.

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Rents Rising At Alarming Rate

Rents Rising At Alarming Rate

Posted on 13. Dec, 2013 by .

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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.

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Permits To Build Apartments Hits 5-Year High

Permits To Build Apartments Hits 5-Year High

Posted on 02. Dec, 2013 by .

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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.

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U.S. Multifamily Sales Jump in Third Quarter

U.S. Multifamily Sales Jump in Third Quarter

Posted on 19. Nov, 2013 by .

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Sales volumes for U.S. multifamily properties rose 47 percent and reached $25 billion in the third quarter, according to Jones Lang LaSalle.

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10 Housing Markets On The Rebound

10 Housing Markets On The Rebound

Posted on 12. Nov, 2013 by .

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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.

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Home Prices On The Rise

Home Prices On The Rise

Posted on 30. Oct, 2013 by .

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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.

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Housing Recovery Remains Relatively On Track After Government Shutdown

Housing Recovery Remains Relatively On Track After Government Shutdown

Posted on 17. Oct, 2013 by .

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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.

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Rising Demand For Apartments

Rising Demand For Apartments

Posted on 04. Oct, 2013 by .

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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.

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Multifamily Mortgage Delinquency Rates Drop

Multifamily Mortgage Delinquency Rates Drop

Posted on 17. Sep, 2013 by .

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According to a report from the Mortgage Bankers Association, multifamily mortgage delinquency rates declined in the second quarter of 2013, a sign of a strengthening multifamily market.

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Top Metros With Lowest Rental Rates And Top Amenities (Infographic)

Top Metros With Lowest Rental Rates And Top Amenities (Infographic)

Posted on 30. Aug, 2013 by .

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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.

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Blackstone Said To Purchase GE Apartments for $2.7 Billion

Blackstone Said To Purchase GE Apartments for $2.7 Billion

Posted on 13. Aug, 2013 by .

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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.

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Top Metros For Keeping Cool This Summer From Apartment Guide (Infographic)

Top Metros For Keeping Cool This Summer From Apartment Guide (Infographic)

Posted on 25. Jul, 2013 by .

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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.

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Real Estate Agent Gets 15 Years For Home-Loan Ponzi Scheme

Real Estate Agent Gets 15 Years For Home-Loan Ponzi Scheme

Posted on 12. Jul, 2013 by .

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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.

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Top 10 Cities For College Graduates To Rent In

Top 10 Cities For College Graduates To Rent In

Posted on 24. Jun, 2013 by .

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College graduates are searching for both a good job a nice place to live this summer. Apartments.com recently released a list of the top ten cities for college graduates.

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Woman Sues Landlord Over Bed Bug Infestation Wins $800k

Woman Sues Landlord Over Bed Bug Infestation Wins $800k

Posted on 11. Jun, 2013 by .

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A Maryland landlord was ordered to pay a former tenant $800,000 after she filed a lawsuit claiming the landlord neglected to address a bed bug infestation in her apartment.

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Small Plane Crashes Into Virginia Apartment

Small Plane Crashes Into Virginia Apartment

Posted on 31. May, 2013 by .

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A single engine Cessna crashed into the living room of a third-story apartment outside Washington, Virginia State Police said Friday. Police spokeswoman Corinne Geller says the plane crashed into the apartment in Herndon, VA early Friday after it had electrical problems and its engine shut down.

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NYC Judge Rules Renting Apartments Using Airbnb Illegal

NYC Judge Rules Renting Apartments Using Airbnb Illegal

Posted on 22. May, 2013 by .

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A NYC judge ruled that a New Yorker who rented his apartment on Airbnb.com, a site that lets people around the world find short-term housing accommodations, broke the law.

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An Analysis and Review of AppFolio by Michael Levy, Author of “50 Interviews: Successful Property Managers”

An Analysis and Review of AppFolio by Michael Levy, Author of “50 Interviews: Successful Property Managers”

Posted on 14. May, 2013 by .

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Michael Levy, author of “50 Interviews: Successful Property Managers,” recently updated his review of AppFolio. In the review, Mike analyzes the responses to a question that was posted on a property management LinkedIn group (Property Management Professionals). The question someone asked was, “What property management / accounting software is everyone using?”

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U.S. Homeownership Hits 17-Year Low

U.S. Homeownership Hits 17-Year Low

Posted on 08. May, 2013 by .

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Homeownership in the U.S. fell to a 17-year low in the first quarter while an increase of Americans opted to rent following the housing collapse. According to the Commerce Department, the seasonally adjusted homeownership rate fell to 65.2 percent, the lowest since the fourth quarter of 1995.

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California Bill to Ban Smoking in Condos and Apartments Statewide Defeated

California Bill to Ban Smoking in Condos and Apartments Statewide Defeated

Posted on 29. Apr, 2013 by .

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A California bill seeking to ban smoking in condominiums and apartments statewide failed in an Assembly committee. Democratic Assemblyman Marc Levine of San Rafael proposed the bill.

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U.S. Housing Starts Rise

U.S. Housing Starts Rise

Posted on 16. Apr, 2013 by .

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Housing starts in the U.S. jumped in March while multifamily projects reached a seven-year high. According to the Commerce Department, housing starts rose 7 percent to a 1.04 million annual rate, the most since June 2008.

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Broker/Owner Retreat Presentation: Top 5 Property Management Software Features

Broker/Owner Retreat Presentation: Top 5 Property Management Software Features

Posted on 08. Apr, 2013 by .

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Recently at the NARPM Broker/Owner retreat Brian Deignan, Regional Sales Director for AppFolio, was asked along with other software vendors to present the “Top 5 Features” of their respective software solution.

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