«We have also seen enough buyers in the better - supplied
condo apartment market to provide support for selling prices at current levels,» Mercer said in remarks accompanying the board's report.
Not exact matches
The
market for
apartments and
condos: So far, the main engine of the housing recovery has been the so - called multi-family sector,
apartment complexes and
condo buildings usually owned by investors and inhabited by renters.
At the same time that a glut in
apartment /
condo buildings is appearing everywhere, the luxury high - end
market is falling apart as well, the latter of which was also a leading feature of the demise of the big housing bubble.
The performance of the Georgina real estate
market shows that the demand for homes,
apartments, and
condos is on the upward scale.
Well, the
condo market is hot and developers convert these
apartment buildings into
condos to make BIG BUCKS.
Interestingly, analysts Michael Smith and Matt Koskinen at Macquarie Capital
Markets Canada did a head - to - head comparison last October of investing in
apartment REITs versus
condos.
The target
market is
apartments,
condos, and other small spaces in humid climates.
Adept at creating and implementing sales and
marketing strategies for a diverse group of product lines in industries including: construction, new residential and commercial developments, mixed use,
apartment and high rise
condo projects, as well as vacation and resort community developments.
If the law comes to fruition, there goes the
condo market and the little bit of
apartment construction that started over the past couple of years.
There's been an incredible explosion of growth in
apartments,
condos and retail development all along the Beltline — true, as someone said above, the first and most developed areas are in the already trendy parts of town (Ponce City
Market, anybody??)
Apartments, lofts, condominium and residential mixed - use developments are the biggest investor plays due to high demand, low vacancy (3.8 percent), elevated rental rates, and the return of a strong
condo market.
«Today's
condo market does not involve the irrational speculation of the mid-2000s, when renters fled
apartments to get a share of the expanding home price pie,» CoStar Group reports.
The 84,000 - square - foot development will house 34 second stage shelter
apartments, 51 affordable housing
apartments, nine
market condos and eight retail spaces.
If
condo apartments constitute a quarter of all sales, do
condos have a constant
market share?
Years ago we could do target
marketing in my
market area, eliminating
apartment condos and townhouses back then, sending direct mail to only detached homes specifically.
Look at Chart 3, a four - year
market trend of
condo apartments.
Specializing in multifamily
apartment properties, Prime Property invests for its own account, develops and
markets urban
condo conversions, and acts as broker and consultant for investors.
As head of an
apartment data tracking firm, Myers authored its
condo market report.
If you're not already doing so, harness your customer relationship
marketing to target
apartment complexes,
condos and townhome communities in 2018.
The idea of leasing a house,
condo, or
apartment seems smart in today's real estate
market for lots of people.
Zolo gives you local insights on
condos, townhouses, and houses for sale,
apartments for rent, the hottest neighborhoods in each city, and housing
market trends & stats to so you can make a well - informed decision on your future home.
Conversely, the condominium
apartment segment experienced double - digit growth, as
condos accounted for a growing share of transactions,» said Jason Mercer, TREB's director of
market analysis in a press release.
The so - called shadow
market of unsold
condos and houses competing for renters is having a strong effect, slashing demand for traditional
apartments, say some experts.
Developer sentiment about current conditions in the
apartment and
condo markets showed signs of weakening in the fourth quarter of 2013, according to the National Association of Home Builders» Multifamily Production Index.
«The
apartment and
condo sector continues to be a bright spot in the housing
market, with the overall index at its highest level in six years,» says NAHB Chief Economist David Crowe.
The issues of oversupply in the multifamily
market come from the fact that the value add
market is overcrowded with
apartments and many people are scared to buy and maintain residential real estate, such as
condos, after the great recession.
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The
apartment market is so good at the moment that many
condos are worth more if sold as an entire building.
If renovating existing properties is your business, increasing the storage efficiency in older homes is a good way to update and invigorate the property before the home,
condo or
apartment complex goes on the
market again.