New Year, New Opportunities
Thanks to a favorable combination of limited supply and demand—and the unfortunate circumstances plaguing the single-family home market—multifamily is expected to continue thriving.
Real estate trends is a generic term used to describe any consistent pattern or change in the general direction of the real estate industry which, over the course of time, causes a statistically noticeable change. This phenomenon can be a result of the economy, a change in mortgage rates, consumer speculations, or other fundamental and non-fundamental reasons.
MSN reports that home prices have dropped by a record amount and illustrates with a chart of historical real estate prices. See “S&P;/Case & Shiller Housing Price Indices”. Real estate property values have trended upward in the range of 2-5% almost every year since World War II, but for the last 3-5 years they have declined. From 2007 to 2008 prices declined as much as 39% per year -though the average decline appears to be lower.
At one time, all real estate brokers and agents, or Realtors, practiced “single agency,” meaning they represented only the buyer or only the seller and generally the seller. In the 1990s, the concept…
Thanks to a favorable combination of limited supply and demand—and the unfortunate circumstances plaguing the single-family home market—multifamily is expected to continue thriving.
We are pleased to announce the sale of our exclusively listed Calico Court Apartments, an 8 unit community located at 12220 SW Calico Court in Beaverton, Oregon.
Joseph Chaplik is a routine guest speaker on the Business Briefing show with Brian Bushlach, Sunday afternoons on 101.1FM KXL. Topics discussed include the current apartment market, multi-family trends, forecasts, and much more.
The returns are starting to come in from 2011, and it looks like apartment owners were the winners.
It’s not exactly a secret that in 2011, the multihousing sector was the most active one when it came to commercial real estate. The panelists were optimistic that 2012 will be as strong, if not stronger, than 2011.
The Barry Apartment Report is a publication covering economic, financial, and valuation trends impacting apartments in the Portland, Oregon metropolitan area. This issue predicts the apartment market will remain strong throughout 2012.
We are pleased to announce the sale of the Park Terrace Apartments, a 52 unit community located in Southwest Portland, Oregon. This garden court community was built in 1945 and sold for $6,300,000 at a 5.98% cap rate.
Like any other kind of real estate, the apartment market is a game of numbers, and throughout 2011, the numbers have been on the side of owners, developers and investors.
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Saw this and thought it may be of use… http://www.housingwire.com/2011/12/28/fha-extends-anti-flipping-waiver-to-support-home-sales Forum: Discussion Board