Historic Mall Converted into Micro-Apartments
One of America’s oldest shopping malls in downtown Providence, RI shut down by the recession will now be converted into micro-apartments and micro-retail. Built in 1828 by architects James Bucklin and...
View ArticleDevelopers Help Buyers Qualify and Home Sales Soar
The home-buying market is on fire, especially for newly built houses. New home sales surged almost 29% in January compared to January 2012. This is the highest annual sales rate in four years according...
View ArticleHomebuilder Confidence Drops in March
Homebuilder confidence unexpectedly fell for a second month in March. The National Association of Home Builders/Wells Fargo index of builder confidence dropped 2 points to 44 this month. In a Bloomberg...
View ArticleInvestors Buying Up Homes, Becoming Landlords
The housing market is slowly improving with investors fueling the recovery. Investors currently make up about 32% of the home sales nationally, according to the National Association of Realtors. Buying...
View ArticleHousing Rebound Continues Unabated With New Home Sales Soaring
Believe it or not the housing industry is making a stellar comeback. After a collapse in residential construction during The Great Recession which began in 2008, new home construction is leading the...
View ArticleU.S. Housing Starts Rise
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...
View ArticleRising Rents Are Hot But Facts Show They’re Cooling Down
Single family housing rents rose once again in the first quarter of 2013. Yet signs are beginning to reveal themselves that the seemingly endless months of rising rents may be coming to an end. The...
View ArticleU.S. Homeownership Hits 17-Year Low
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...
View ArticleThe Challenges Of Home Ownership Make Renting Very Attractive
Those of us who bought our homes towards the top of the last housing bubble (2003-2007) are relieved to hear that the average price for houses is climbing steadily in most regions of the U.S. Yet for...
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Rent Is The New Buy (Infographic)
According to the National Association of Realtors, 5 to 6 million new renter households will be created within the next 10 years. In this infographic, we take a look at why most renters are opting not...
View ArticleProperty Investing – Go For The Cash Flow, Not Location, Location, Location
When discussing real estate investments, we often hear people say the three most important words in real estate are location, location, location. And while “3L” properties may be some of the finest...
View ArticleWhat Is The Rental Rush?
Across the country, the “rental rush” is starting to set in, and for the first time since the housing market bubble busted in 2008, home prices are at the highest ever. The housing prices are having an...
View ArticleMultifamily Mortgage Delinquency Rates Drop
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. “There have...
View ArticleHousing Recovery Remains Relatively On Track After Government Shutdown
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...
View Article10 Housing Markets On The Rebound
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...
View ArticlePermits To Build Apartments Hits 5-Year High
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...
View ArticleRents Rising At Alarming Rate
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...
View ArticleWill the Home Sales Spree Soon Leave Owners Holding the Bag?
Has the housing market begun to plummet due to rising interest rates? Are rental housing values about to crash? Those who read my articles know I’m frequently asking the questions that rental property...
View ArticleTop 10 Metros With Highest Occupancy Rates
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...
View ArticleIt’s Tough To Afford To Be A Renter These Days
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...
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