Tag Archives: Real Estate

Property Managers Buy Smarter and Smaller

Property Managers Buy Smarter and Smaller

Posted on 23. Jun, 2015 by .

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As we go about our routine responsibilities of serving our owner-clients we often find good deals on residential income properties. That’s true today in smaller markets filled with plentiful opportunities. Bigger cities are the primary markets many investors are focusing on to increase their holdings of income housing. That’s why some of the smaller, out-of-the-spotlight […]

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Apartments for Generation C

Apartments for Generation C

Posted on 11. Jun, 2015 by .

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Increased mobility will continue to play an important role for the modern renter. In this recent article by Axiometrics we see how Millennials are setting the stage for the next generation, a generation of “experiential people.” Click below to see how the rental industry is preparing for Generation Connected and the “experience economy.” Read the full article here

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Property Managers Flourish as Housing Supply Sinks

Property Managers Flourish as Housing Supply Sinks

Posted on 24. Mar, 2015 by .

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Conditions keep improving for the property management business across the U.S. That’s partly due to the slumping supply of houses for sale which has been waning since the final quarter of 2014. The reasons for the sparse number of homes for sale vary according to regions. Most areas are benefitting from lower mortgage rates allowing […]

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Why Millennials Choose to Rent

Why Millennials Choose to Rent

Posted on 05. Feb, 2015 by .

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A high percentage of millennials are opting to rent than buy a home, a costly decision that equals bad news for the real estate industry.  In a recent Market Watch post, it was revealed that  “Nearly six in 10 millennials (59%) say they’d rather rent a home than buy one, with just one in four saying they […]

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Property Managers Face Housing Slowdown as 2015 Begins

Property Managers Face Housing Slowdown as 2015 Begins

Posted on 08. Jan, 2015 by .

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The year 2014 ended with the U.S. housing market appearing on the verge of a downturn. Sales of new homes in November slipped almost 2% from the previous year according to the Commerce Department. Existing homes sales for November also were down 6.1%. A more disturbing trend came from a survey of U.S. home builders […]

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Housing Data Confirms Contradictions, Favors Rentals

Housing Data Confirms Contradictions, Favors Rentals

Posted on 27. Nov, 2014 by .

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As property managers we want to keep up on the trends in our local economies. “The trend is our friend” is a mantra that enlivens our professional awareness. The final quarter of 2014 has uncovered some important national trends as well. Building permits, an important signal of future construction, increased by 4.8% in October to […]

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First Time Home Buyers are not Buying

First Time Home Buyers are not Buying

Posted on 11. Nov, 2014 by .

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If it’s such a great time to buy a house why are young Americans opting to rent rather than a buy a house? Is it because of low inventory in their price range, tight credit, difficulty qualifying, or all of the above? First-time home buyers aren’t clueless. They’ve done the math on how much house […]

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Residential Housing for Renters Expands as Property Managers Wonder

Residential Housing for Renters Expands as Property Managers Wonder

Posted on 07. Oct, 2014 by .

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The number of multi-family rental housing complexes being built around the nation keeps on growing month after month. The implications for the property management business are somewhat ambiguous. No doubt there’s been a steady decline in the number of homeowners since the financial crisis of 2008. This has translated to a substantial increase of renters […]

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Reasons Why Occupancy is Growing

Reasons Why Occupancy is Growing

Posted on 25. Jul, 2014 by .

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In a recent article, Multifamily Executive tells readers the 5 reasons why occupancy is growing stronger in the United States. One reason that has been a constant trend is that many people are scared of owning their own homes due to the foreclosure crisis in 2000 and again in 2008. Click below to read the […]

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10 Metros With Highest Rent Growth

10 Metros With Highest Rent Growth

Posted on 08. Jul, 2014 by .

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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.

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The Market That is Here to Stay

The Market That is Here to Stay

Posted on 07. Jul, 2014 by .

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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.

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Latest Stats on Housing Prices Across the U.S.

Latest Stats on Housing Prices Across the U.S.

Posted on 30. Jun, 2014 by .

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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.  

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Mortgage Rates Falling as U.S. Consumer Sentiment Drops and Housing Starts Rise

Mortgage Rates Falling as U.S. Consumer Sentiment Drops and Housing Starts Rise

Posted on 20. May, 2014 by .

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On Friday May 16 the economic numbers turned Goldilocks-style “not to cold and not too hot”, and property managers need to be on top of these developments. First of all, the interest rate on the benchmark 10-year U.S. Treasury bond dropped to 2.5% from 2.7% in just one week’s time. That’s a 7.4% plunge, and […]

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The Anatomy of Your Business and How to Reinvigorate It

The Anatomy of Your Business and How to Reinvigorate It

Posted on 25. Mar, 2014 by .

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As your business evolves and grows your role as a property manager needs to be crystal clear to you, your clients and the residents you serve. Notice I listed “you” first. If you don’t fully grasp all the various roles that you’re playing in your business, how you prioritize your time and what is falling […]

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The Mortgage Market Is About To Get Smaller

The Mortgage Market Is About To Get Smaller

Posted on 27. Feb, 2014 by .

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As 2014 begins a bureau created by the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, The Consumer Financial Protection Bureau (CFPB), will set new rules concerning mortgages. Lenders will be required to verify and inspect borrowers’ financial records. The rules discourage lenders from allowing borrowers to carry total debt payments totaling more than 43 percent of the person’s annual income.

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It’s Tough To Afford To Be A Renter These Days

It’s Tough To Afford To Be A Renter These Days

Posted on 17. Feb, 2014 by .

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Housing affordability isn’t looking too promising as 2014 begins. If you listen to the National Association of Realtors the opportunity to be a homeowner hasn’t been this affordable in a long time. If you review Figure 2 below you’ll get the impression that American housing is now extremely affordable and the typical household can easily make the monthly mortgage payment on a home. Thanks to historically low interest-rates, fixed rate mortgages have become more affordable for some American families and many analysts expect that this cheap credit will fuel another housing boom.

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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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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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The Rise Of A New Class Of Renters Is A Property Manager’s Dream

The Rise Of A New Class Of Renters Is A Property Manager’s Dream

Posted on 18. Nov, 2013 by .

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If you’re a potential buyer or a former owner, you’re darned if you try to own and darned if you’re currently an owner. Unless you own a rental home or a multi-family residential income property, the days of buying a house and expecting the price to automatically rise with demand aren’t here yet.

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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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Income Taxes – How Real Estate Can Save You Money

Income Taxes – How Real Estate Can Save You Money

Posted on 21. Aug, 2013 by .

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People frequently purchase investment real estate with the belief that they will save some money on their income taxes as a result of their property ownership. And this could be true, but in many cases real estate provides an owner with virtually no tax savings at all. In this article we’ll talk about rental properties and how you can figure out, with your tax advisor, if your real estate ownership will assist you to reduce your annual tax bill.

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Due Diligence – What Is Important When Buying Real Estate?

Due Diligence – What Is Important When Buying Real Estate?

Posted on 08. Aug, 2013 by .

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When you make a big purchase, or an investment, buy a car, sign up for healthcare, etc. you do you “homework” to hopefully make a sensible decision that gives you good value for the money you are spending. When you buy real estate, which is likely to be the most expensive, most complex, and riskiest purchase you will ever make, there is an extraordinary amount of due diligence that you should do to reduce your risk and make a smart decision.

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June 2013 New Home Sales Soar And Property Managers Wonder

June 2013 New Home Sales Soar And Property Managers Wonder

Posted on 30. Jul, 2013 by .

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Recently I was perusing one of the online realtor association sites. There was a page lamenting that homes above a particular low price range weren’t selling. Alarming titles like “Shock Treatment May Dial in Price Reductions” suggest that home prices are often priced too high when put on the market. Is the next phase of the housing recovery lower prices? Perhaps so, depending on the area of the country and the number of foreclosed homes that are entering the supply of houses for sale.

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Commercial Real Estate Financing – Estimating A Property’s Maximum LTV

Commercial Real Estate Financing – Estimating A Property’s Maximum LTV

Posted on 25. Jul, 2013 by .

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Commercial real estate financing for income producing properties is a little different from residential real estate financing. In residential financing, the bank looks toward the borrower’s income as the primary source of repayment on the loan. With commercial financing, the bank looks first at the property’s income as the primary source of repayment on the loan.

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