Month: May 2020

2020 Sustainability Snapshot

2020 Sustainability Snapshot NAR reported on the growth of sustainability efforts in the real estate industry. This post highlights REALTOR® feedback on sustainable issues. By:  Sidnee Holmes Sustainability

Sidnee Holmes

How to Avoid a Messy Key Situation

 Are you struggling to sort out a messy key situation? Whether it’s a master key system that’s racking up locksmith costs, a pegboard and logbook you can’t reconcile, an electronic key control system that doesn’t come with the training and support you need, or a smart lock system that’s more time-consuming to manage than you…
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Metro Home Prices Rise in 96% of Metro Areas in First Quarter of 2020

The national median existing single-family home price in the first quarter of 2020 was $274,600, up 7.7% from the first quarter of 2019 ($254,900).

Concord RENTS Announces the Grand Opening of New 150-Unit Affordable Housing Community in Palm Coast, Florida

PALM COAST, FL – ConcordRENTS announces the Grand Opening of Central Landings at Town Center Apartment Homes, a $26.7 Million affordable housing community, consisting of 150 apartment homes serving those making 40% – 80% of the area median income, located in the Palm Coast Town Center. As the newest affordable apartment community within the last…
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Survey on Inbound Referral Business of International REALTOR® Members

This study looks at the referrals International Realtor® Members (IRMs) receive from their contacts abroad and the challenges and opportunities regarding the international referral business.

How Residents Are Dealing w Questions about Paying the Rent, Re-Opening the Economy

Reports about the percentage of apartment residents who have paid their rent on time despite many dealing with economic struggles brought on by Covid-19 have been valuable to multifamily operators. One apartment research firm has gone one step further – it asked the residents themselves. J Turner Research surveyed more than 3,700 renters April 23-30…
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Gen Xers: Affluent, Diverse, but Held by Debt

Gen Xers, buyers (aged 40 to 54 years), remain the second-largest share of home buyers by generation at 23% of all homebuyers in 2019.

Belfonti Companies Breaks Ground on New $50 Million 160-Unit Luxury Apartment Community in Cromwell, Connecticut

CROMWELL, CT – Belfonti Companies announced that it has broken ground on a $50 million dollar market-rate, luxury apartment home community in Cromwell, Connecticut. The new community will be built just off Country Squire Road near Route 372 and it will consist of 160 luxury apartment homes. The project will be constructed in phases, with…
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Case Studies on Repurposing Vacant Retail Malls

The case studies in this report showcase how vacant retail malls are being repurposed and the sources of financing for these projects.