Tag: multifamily

Silent Generation: Retiring and Downsizing The silent generation, aged 74–94 years, made up the smallest share of buyers by age at 6% of all homebuyers in 2019, and represented 8% of sellers. Seniors

Housing market conditions improved in May, according to REALTORS® who responded to NAR’s May 2020 Realtors® Confidence Index (RCI) Survey, a survey of REALTORS® about their monthly transactions.

As a certified fitness professional who serves multiple multifamily apartment communities and thousands of their residents in the Dallas market every year, I’ve seen how this pandemic has affected multifamily community operations all over the metroplex. The common thread is the need to establish proper safety guidelines, communicating those guidelines to residents, and finding additional…
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Home sales are expected to rise in the upcoming months with the economy reopening, and could even surpass one-year-ago figures in the second half of the year.

HOUSTON, TX – Banyan Residential announced the acquisition of Lofts at the Ballpark, a 375-unit Class-A apartment property in downtown Houston, Texas. The four-story community is located at 610 Saint Emanuel Street one block from Minute Maid Park and BBVA Stadium, and immediately adjacent to light rail access. Lofts represents Banyan’s first acquisition in the…
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The goal of investing is to seek out underestimated assets and acquire them for less than their intrinsic value. A market downturn presents a prime opportunity to do this. However, certain factors need to be considered before you go on a buying spree. As a rule, home prices tend to fall during a recession. The…
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New unemployment claims continue to rise more slowly as some people return to work.

HAMILTON, NJ – Total construction starts rose 3% from April to May to a seasonally adjusted annual rate of $595.1 billion, following a 25% decline the previous month. Several large nonresidential building projects broke ground in May resulting in the gain. Removing those large projects from the statistics would have resulted in no change in…
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Home showings in May 2020 were still below last year’s level, but activity picked up compared to April.

You’re likely familiar by now with the term eCheck. If you are not, an echeck is an electronic version of a paper check that is used to make payments and transfer funds online. The benefits of such a form of payment in contrast to traditional paper checks and cash are fairly clear (simplicity, security, convenience),…
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