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Multifamily Starts Up

Multifamily Starts Up

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

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...

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New York proposes 1-year moratorium on foreclosures

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...

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Apartment Rentals Rates Climb in New Orleans

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...

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Rental’s Fresh Appeal

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...

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No real benefit to paying off mortgage

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,...

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As I Predicted

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...

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Rents continue to rise in housing slump

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....

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