April 2020 Existing Home Sales
Housing market activity in April 2020 fell 17.8% from March 2020. April’s sales of existing homes dropped 17.2% from April 2019.
Housing market activity in April 2020 fell 17.8% from March 2020. April’s sales of existing homes dropped 17.2% from April 2019.
Touring is an essential part of the leasing process for every arena of real estate, but it’s especially vital for multifamily. Since multifamily properties are a community of units and residents, the property’s ultimate success lies not in one lead-to-closing conversion, but in many conversions to keep vacancy low. Because of this, tours and…
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Open House. No, that’s not a Covid-19-induced oxymoron. It’s a new and effective method for conducting virtual apartment tours. Shelter-in-place policies, social distancing and staggered timetables for gradual re-openings of state economies combined with Americans’ hesitancy to join the “current normal” lifestyle have created booming popularity for virtual apartment touring. The Remy, a LIVEbe community…
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LANSING, MI – With the Michigan Economic Development Corporation’s (MEDC) staff recommendation, the Michigan Strategic Fund (MSF) voted to approve the Brownfield/TIF revised plan for the Red Cedar Development giving a green light to Continental/Ferguson Lansing, LLC to move forward with bonding and full construction of the $256 million mixed-use development. It will feature new…
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5 Housing Market Trends as of April 2020 NAR’s April 2020 RCI Survey shows the effect of coronavirus social distancing measures on the housing market. Here are five trends based on the data. By: Scholastica (Gay) Cororaton
Home viewings data from SentriLock®, LLC, a lockbox company, indicates a continued downward trend in home buyer traffic in April 2020 with respect to the prior month and one year ago in the wake of coronavirus social distancing measures, stay-at-home orders and the unprecedented rise in unemployment.
LOS ANGELES, CA – In a unanimous decision, The Los Angeles City Planning Commission voted to recommend approval of the entitlements package for Enlightenment Plaza, a proposed 454-unit Permanent Supportive Housing development in Rampart Village developed by Flexible PSH Solutions and The Pacific Companies to the Los Angeles City Council for final approval, scheduled for…
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Most of the companies hiring additional employees to meet increased demand are included in the following industries: health care, food and grocery stores, delivery, and telecommunications.
At the national level, housing affordability improved in March 2020 compared to a year ago but fell compared to February, and median home prices rose 8.0 % in March from one year ago.
Property management is as equally tasking as it is rewarding. However, for most property managers, bad tenants are the most prominent and also the most common challenge. Even with the best tenant screening system in place, these problematic tenants can still end up in your rental properties. Unfortunately, they will make your life as a…
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