REALTORS® Confidence Index: December 2019 Highlights Eighty-four percent of respondents reported that home prices remained constant or rose in December 2019 compared to a year ago. January 27, 2020 By: Brandon Hardin
The apartment industry has just begun to embrace self-guided tours. As an NMHC OPTECH session in November demonstrated, these tours work. They result in high conversion rates and offer benefits to onsite associates. The panelists at the session included Phil Rogers, director of operational planning and analytics at Invitation Homes; Khushbu Sikaria, vice president of…
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FEDERAL WAY, WA – San Diego-based S. Lew & Associates and investors have purchased the 401-unit Avery at the Reserve apartment community from The ConAm Group of San Diego for $90 million. The acquisition strengthens the company s presence in the Pacific Northwest, representing its fifth multi-family apartment community acquisition there and bringing its total…
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Housing market activity in December 2019 increased 3.6%, a 5.54 million seasonally adjusted annual rate.
The Truth About Time Management I always chuckle a little to myself when a people ask me how I manage my time. You know, there really is no such thing as time management. We can’t manage time. Think about it; the term is an oxymoron. Time cannot be managed. It cannot be controlled in…
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INDIANAPOLIS, IN – Watermark Residential, a wholly owned affiliate of Thompson Thrift and one of the nation’s leading multifamily developers, announced the closing of Watermark 3G Multifamily Development Fund II, which successfully met its $105 million funding limit. The fund is a joint venture between Watermark Residential and Irvine, Calif.-based 3G Capital Advisors LLC. “We…
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The foot traffic index decreased by 11.5 points in December from the prior month and by 7.1 points from one year ago.
In the past couple years, overall interest rates have risen several times in the United States. According to many experts, they are likely to finally stabilize in 2020. However, they have already risen sufficiently enough in 2018 and 2019, and we cannot be sure that the same won’t happen by the end of 2020, or…
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SEATTLE, WA – Plymouth Housing celebrated the groundbreaking of an affordable housing development in downtown to deliver 91 permanent housing apartments for adults who have previously experienced homelessness. The nonprofit housing developer was the recipient of low income tax credits early last year as part of an expansion to the Affordable Housing Tax Credit program…
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Housing Affordability Modestly up in November 2019 At the national level, housing affordability conditions improved in November 2019 compared to last a year ago and modestly rose compared to October. January 22, 2020 By: Michael Hyman
