The housing market may still be in a slump but the apartment rental market is continuing to thrive. After a couple years of a freeze on new construction, multifamily companies have finally started breaking new ground again. New apartment buildings are going up around the nation though it’s still going to be at least a [...]
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Recession + Lack Of Job Creation = Housing Crisis?
The job-creation plan that President Obama is pushing congress to pass may have some great ideas about how to help this country and its citizens climb out of the giant hole of debt we’ve all fallen into. It does not, however, address one of the biggest problems that the nation is currently facing: the housing [...]
Google+ For Multifamily: What You Need To Know
Using social media is a great way for companies to reach out to and connect with their clients. In the realm of apartment rentals, multifamily companies often use social networking tools, such as Facebook and Twitter to advertise and contact new and current tenants. There’s a new social networking tool out there and already its [...]
The Debt Ceiling & Should Multifamily Be Worried? What You Need To Know
Three and a half years after the start of the Great Recession and two years after it officially ended, Americans are still worried about the anemic economy. The unemployment rate is stubbornly high at 9.1% and first-quarter GDP growth was a weak 1.8%. There’s been a lot of talk in the media about the risk [...]
Greener Pastures for Multifamily Housing: Environmentally Friendly Apartment Developments
When the financial crisis struck in 2008 and recession ensued, environmentalists began to worry. As people lost their jobs and started worrying about how to pay the rent, they wouldn’t have time to think about reducing their energy use, recycling, or any of the other beneficial environmental activities that had begun to take hold in [...]
Apartment Marketing Tips: Ways To Optimize Leads From Craigslist Listings!
What qualities do people look for in a roommate, landlord or tenant? Honesty, for sure; you want to know that you can trust the person with whom you share your home. Reliability goes without saying, too. A roommate who can’t keep up with their share of the rent or a landlord that doesn’t make repairs [...]
Carbon Monoxide Detectors: Reminders and A New Bill in Pennsylvania
The Pennsylvania Senate is considering a bill requiring carbon monoxide detectors in homes and apartments with heaters or appliances that use fossil fuel, or that have fireplaces or attached garages. A Pennsylvania mom whose daughter was killed by carbon monoxide in her sleep at 10 years of age, Dena Yeagley has been lobbying for the [...]
Multifamily Blog Roundup! MNH & MFE
1) A Vertical Street. Multihousing News reports a “vertical street” in the works that’s mixed use, mixing apartment units, 4 community gardens, 3 floors of office space and ground-level retail space. It’s in the city center of Melbourne, Australia. The design, developed by CK Designworks, is for a 35-story building. In addition to being mixed-use, [...]
Multifamily Blog Round Up!
Let’s see what’s happening this week in the Multifamily blogs! On the MultFamily Insiders blog, Jonathan Saar brings up the question of what apartment managers should strive for with a Facebook page. In his April 20th post, “Facebook’s Impact on Multifamily Part III- Engagement or Participation?” he asks whether striving for “engagement” over “participation” is [...]
Rent Increase WATCH: The Economy's Effect On Rental Trends
In times of economic recession, it’s a common practice for people to share apartments, rent out spare rooms and live with more family members than they would if times were better. Though the rising numbers of people sharing living space may be an indicator of recession, there are many economic benefits for people who chose [...]
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