New Normal Favors Renting

By Mike Colpitts The new normal in real estate favors a larger number of renters and an increase in landlords just trying to get buy, according to the National Multi Housing Council’s mid-year apartment strategy conference. Former U.S. Congressional Budget Director Doug Holtz-Eakin said it’s inconceivable the government would stop subsidizing real estate, despite Republican… Continue reading New Normal Favors Renting

Tight Rental Market Squeezes Tenants

By Mike Colpitts A lack of rental housing for the first time in years in the multi-family residential market is sending the rental market into a recovery. Vacancy rates fell to the lowest level in 2010 in more than four years as a leading rental advisory firm forecasts higher rents in 2011. Witten Advisors, a… Continue reading Tight Rental Market Squeezes Tenants

Case for Optimism on Housing Market

By Kevin Chiu The case for optimism in 2011 on the U.S. housing market gained momentum with the latest National Association of Realtors monthly sales report, showing that home sales rose for the fifth time in six months. With pent-up demand, near record low mortgage rates and lower home prices the housing market is poised… Continue reading Case for Optimism on Housing Market

Corporate Rentals to the Rescue

The downturn in the housing market is making it hard for many homeowners to sell, and becoming a landlord isn’t for everyone. In the troubled economy a growing number of homeowners are looking for options to pay the monthly mortgage and corporate rentals could be the answer. Landlords report rising problems with tenants, who can’t… Continue reading Corporate Rentals to the Rescue

Rentals Winning Out

In the face of the financial crisis, attitudes over renting versus buying a home are changing, according to numerous public opinion polls, including  a survey of  more than 2,700 website visitors by Apartments.com. “We are seeing vacancy rates drop, which means the rental market is improving,” said Chris Brown,  Apartments.com  vice president of product management.… Continue reading Rentals Winning Out