Property Management News
As the boom in U.S. luxury rental apartments wanes, investors are starting to eye Mexico City as an untapped market with growing demand for high-end apartments. Greystar, the largest apartment manager in the U.S., has about 3,000 apartments under development or planned in Mexico City. Two former Greystar executives also launched a private-equity firm, Hasta Capital, in October focused on building multifamily homes in Mexico. Other investors said they also are looking at the market. “I think that’s going to be a product that is going to explode in Mexico, Chile and throughout the region.…The demand is huge,” said Randall Loker, chief investment officer at Paladin Realty, an... Read more
Renters aren’t so different from homeowners in their wish to live in single-family houses, a new survey indicates. Nearly half of renters consider choosing a...
Demand continues to outstrip inventory. If you’re in the market for a new home, you might want to get prepared to get your hands dirty. There are 12% more fixer-upper...
Home prices kept rising in August and September in most major American cities. That’s great news for people looking to sell. However, some cracks appear to be...
(CNSNews.com) – As President Obama commutes the sentences of more and more prisoners, his Justice Department intends to make it harder for landlords to deny...
Despite the troubles Florida has had with its housing industry, the state leads the nation in markets for single-family homes, according to a new report by Ten-X. The company’s fall Top Single-Family Housing Markets Report put Fort Lauderdale, Palm Beach County, Tampa, and Orlando at the top of the list for American metro areas, with Las Vegas finishing the top five. The company said each of these markets demonstrated “a vigorous combination of consistently strong demand, home price appreciation, and economic and demographic growth.” Seattle, a fixture in the top five, was bumped by Las Vegas. “Florida’s housing market continues to set the pace for the nation, with five... Read more
Single-family rental returns dropped to the lowest level in nine years for homes purchased so far in 2016 among the 473 counties analyzed in the Q3 2016 Single Family...
The multifamily market saw considerable growth this past year, posting strong gains in positive net absorption and substantial rental increases in major metros across...
Tight credit, a demand-side constraint, has often been cited as a major obstacle for first-time homebuyers in the post-crisis housing market. Recently, however, more...
With instantly confirmable vacation-rental bookings picking up momentum on sites ranging from Airbnb to HomeAway, owners and property managers are turning to...
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