High Unemployment Levels Depress Housing Market
The housing market has made fresh turns downwards recently. The homeownership rate has dropped to 66.4 percent, the level in 1998. It seems recovery in the housing market has not arrived in the first half of this year.
New Paint Tray Gives a Leg Up to Ladder Painting
PaintSmart-Trayz from Keane Corporation are an innovative product that make painting with ladders a much easier ordeal. The hanging tray has a built in paint reservoir and hooks and slots that keep brushes and rollers at hand.
Creating and Expanding New York City’s Neighborhoods
The TF Cornerstone strategy is to understand what makes neighborhoods successful and use this knowledge to push the boundaries of existing neighborhoods.
New York City Residential Market Sees Positive Signs, But Multifamily Foreclosures Increased, Says Report
New York–Like anywhere else, New York has suffered the slings and arrows of the recession and housing slump, but according to the latest report by the Furman Center for Real Estate & Urban Policy, some positive signs emerged last year.
Ariel Property Advisors Launches Landlord Dashboard
Ariel Property Advisors has launched two new web-service tools to better serve its client base, made mostly for investors and property owners.
Apartments Capitalize on the Trend toward Sustainable Development
The rental housing industry stands to benefit from a number of trends, including the increasing emphasis in urban planning and land-use policy to encourage compact development.
Apartments Capitalize on the Trend toward Sustainable Development
The rental housing industry stands to benefit from a number of trends, including the increasing emphasis in urban planning and land-use policy to encourage compact development.
‘The Accidental Economist’ with Jack Kern: NMHC Has Great Parties
I just got back from the National Multi Housing Council’s annual apartment festival, and to tell you the truth, I had a great time. For one thing, I never saw so many ruby slippers on acquisition and development guys, wandering around waiting to click their heels together to end up in Kansas. Apparently off-market and non-core deals are becoming all the rage as yield meets cornfields and the wide-open plains. Being a St. Louis boy (go Cardinal nation), I suppose that it’s only fitting that the Midwest somehow ended up being part of the acquisition binge again. Did I mention…
MyNewPlace PINK Raises Money for Breast Cancer Research
MyNewPlace PINK sets out to raise $100K for breast cancer research.
‘Foong on Finance’ with Keat Foong: The Apartment Market Recovers
The news looks good. The unemployment rate in December fell from 9.8 percent to 9.4 percent. However, the number of jobs added was only 103,000—less than the roughly 150,000 new jobs that are needed per month just to keep pace with entrants into the labor market. And everyone knows by now that half of December’s decline in the unemployment rate is attributed to those who dropped out of the labor force and are no longer counted in the unemployment rate. Still, the apartment market is due to have a good 2011, even it will probably take many, many years for…