Apartment developers are taking the plunge. In the first four months of 2008, builders started construction on new multifamily projects at a rate high above the unusually sluggish levels seen in early 2007, according to the National Association of Home Builders...
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Why Good Prospects Don’t Return Your Phone Call
Your challenge is to gain "top of mind" awareness - to implant your service in his mind and link it to the nature of the problems you solve. Then, when the problem pops up and becomes a priority again in a week or a month or a year from now - and it will - he will...
New York proposes 1-year moratorium on foreclosures
Legislation that would give some New Yorkers facing foreclosure a one-year reprieve has passed the state assembly as part of a package of four bills aimed at stemming foreclosures. Assembly Bill 9695 [1] would allow courts to impose a one-year moratorium on...
Apartment Rentals Rates Climb in New Orleans
Rental rates for apartment units in New Orleans have reached some significant highs, according to a report by Larry G. Shedler & Associates. The research firm found that rents have increased as much as 20 to 30% since Hurricane Katrina in 2005. The survey, which...
Rental’s Fresh Appeal
As the economy weakens, more people who would have qualified for home loans a few years ago no longer do. And scores of homeowners losing their homes in foreclosure are turning to apartments. Others who could qualify for a mortgage are opting for luxury apartments...
No real benefit to paying off mortgage
No real benefit to paying off mortgage By Benny_Kass Created 04/24/2008 Q: Our condominium unit is now worth approximately $350,000, and we owe only $25,000 on our mortgage. We are from the old school, and want to own this property free and clear. We have the money,...
As I Predicted
Another prediction come true... April 17, 2008 SERENE APARTMENT MARKET REMAINS STABLE In a period of turmoil for condos and single family homes, the rental apartment market is a model of stability. According to statistics released this week by RealFacts, the...
America’s wealthy see buying opportunities in sluggish real-estate market
By AMY HOAK MarketWatch April 16, 2008 CHICAGO -- Is now a good time to buy real estate? The size of your paycheck likely will play a big part in how you answer that question. While many average Americans are skittish about the housing market, some of the country's...
Rents continue to rise in housing slump
Read this: It may be worth forwarding to your lists Rents continue to rise in housing slump From Bloomberg News April 5, 2008 The average asking rent for U.S. apartments rose 1% in the first three months of 2008, the 24th consecutive quarterly gain, as the U.S....
Dallas-Fort Worth new-home sales, starts drop by about a third
New-home sales in Dallas-Fort Worth plunged more than 30 percent in the first quarter as the credit crunch and economic worries kept buyers on the sidelines. The decline was almost twice as high as the rate for all of 2007. And the drop in starts was even steeper –...