That pattern bodes well
for the apartment market, as dispersed deliveries are more easily absorbed, limiting the impact read more
For the apartment market, revenue growth should strengthen this year in the wake of such strong employment growth.
That pattern bodes well
for the apartment market, as dispersed deliveries are more easily absorbed, limiting the impact of new supply on any one particular area.
«There's a lot of angst about downtown apartments right now,» says Jay Parsons, vice president
for apartment market intelligence firm MPF Research.
A strengthening national economy is help to provide demand
for the apartment markets, and the new apartments under construction seem likely to find renters.
Not exact matches
To set the plan into motion, Spanish ad agency La Despensa put a lovely - looking
apartment on local real - estate websites
for half its
market value, reports Ad Week.
Apartment developer Finbar Group has created a new
marketing tool to keep its customers — establishing a loyalty club to give its buyers discounts
for sticking with the firm or referring friends and family.
Buyers» agency and developer Momentum Wealth has braved Perth's patchy
apartments market with a new syndicate, raising $ 6.5 million from investors
for a 40 - dwelling project in Highgate.
Last year, the share of bidding wars
for the hottest
apartments fell by more than half to a four - year low, adding to evidence that the
market slowed down.
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.
«Owners who list their
apartments for short - term stays essentially are removing those units from the rental
market, reducing the supply of housing and pushing up the cost of what remains, according to the report [here].
With many house - hunters doing their searches alone, the
market seems ripe
for young entrepreneurs looking to solve the two-fold issue of finding a suitable roommate and a suitable
apartment.
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The projects were
marketed in China, and thousands paid deposits
for apartments that cost as much as double the rate per square meter of homes
for Malaysian buyers in Johor Bahru.
As General Manager of Naked
Apartments, Joe is responsible
for the company's strategy, operations,
marketing, design, customer support and sales efforts.
The fund is also positioned
for a slowdown in the Brisbane
apartment market.
Mr Grantley said new figures from Urbis showing a rapid contraction in new Brisbane
apartment market sales to just 302 sales in the March quarter, down 37 per cent on the previous quarter and well down from the 1032 sales in the previous corresponding period last year, was also due to tightening in available new
apartment stock
for sale.
Airbnb's critics have called listings like these «Airbnb hotels,» or
apartments rented in already tight housing
markets for the sole purpose of booking short - term guests.
The benefit of flipping
apartments over single family homes is the ability to collect rent while the property is being
marketed for resale.
New - build
apartments and chalets in Lech and Obergurgl, two of Austria's most exclusive Alpine holiday resorts, are available
for sale, a rarity in the Austrian
market.
Just over 2,000 flats and retail, office and hotel
apartments totalling 266,000 square metres and together worth more than 208billion rubles were listed
for sale by the end of September 2016 in the high budget segment of the primary residential real estate
market.
(3) Iceland's housing
market is quite overvalued, with an average
apartment selling
for 6.36 times the country's average income, according to Statistics Iceland.
«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.
The KPMG report reveals that golf resorts that offer accommodation in rented villas or
apartments across the European Mediterranean region, now account
for more than 15 % of the
market with more growth expected.
In the inner Melbourne
apartment market, prices have been flat
for some time and falling in some areas, and rents have been under downward pressure, partly in response to the rapid increase in the supply of new
apartments.
With his wife, a
marketing employee at the University of Toronto, he now rents a one - bedroom
apartment and plans to move to Quebec City after a fruitless search
for a home large enough
for his family within their budget.
The average number of days
for - sale
apartments in new developments spend on the
market increased by 47 percent between the fourth quarter of 2014 and the fourth quarter of 2015, according to appraisal firm Miller Samuel.
In the last year, Zillow bought both the New York - focused StreetEasy and the
apartment search site HotPads, while Trulia bought
Market Leader last spring
for $ 310 million.
Jason Mercer, TREB director of
market analysis, says the dramatic year - over-year differences «mask the fact that
market conditions should support moderate increases in home prices as we move through the second half of the year, particularly
for condominium
apartments and higher density lowrise home types.»
In Massachusetts,
for example, the rental housing
market is the primary source of shelter
for low - income households, but it costs about $ 85,000 to build a modest
apartment unit.
Ira Yellin had had a vision
for Downtown L.A. and bought the
market and surrounding properties in 1984
for a mixed - use community that would see a healthy population of residents of newly refurbished
apartments, and retailers and shoppers crowding into the
market and the Million Dollar Theater (which he also bought), making the area a destination once again.
Whether you need a mini crib
for an
apartment or one with added storage, these are the best cribs on the
market today.
The Angler
Apartments are worth checking out
for your beaches - in - Barbados trip; there are fancier places, but if you're there
for the beach, you'll find giant turtles and cool things to see when snorkeling, nearby sailboat rental, local fish
market, and easy bus access to everywhere else.
In a rare victory
for landlords, the New York Court of Appeals ruled they had acted properly in pushing up rents when they converted thousands of regulated
apartments to
market - rate units.
This creates a perverse incentive
for landlords to do all in their power to raise rents, push out rent - stabilized tenants, and bring
apartments into the open
market.
«From Bushwick to Chinatown and in so many neighborhoods in - between, affordable
apartments that should be available to rent never hit the
market, because they are making a profit
for Airbnb.»
The substantial rehabilitation of the building will result in 52
apartments, including 43 affordable and nine
market - rate units
for seniors and physically - handicapped persons.
The report compares several projects by the de Blasio administration to the Aspen, an early Bloomberg - era development and venture between Ms. Glen and L&M that included half
market - rate
apartments, and half that were affordable units at either 50 or 130 percent of the city's so - called area median income (currently about $ 86,000
for a family of three).
On Tues., Mar. 20th, during its full Executive Committee meeting, CB12 formally passed the resolution that sought to limit the New York City Economic Development Corporation's large - scale plan
for rezoning great expanses of Inwood that would include high - rise,
market - rate
apartment buildings.
De Blasio is also is calling
for an overhaul of housing programs and tax incentives to spur the construction of tens of thousands of
apartments for poor New Yorkers, as well as teachers, firefighters and other workers, who increasingly find themselves priced out of a booming real estate
market and rapidly gentrifying neighborhoods.
Also at 11 a.m, NYC Councilman Andy King and Bronx residents rally to oppose the opening of a homeless shelter that was initially promoted as a
market rate
apartment building
for middle - income working families, 3677 White Plains Road, Bronx.
The building would provide one -, two - and three - bedroom
apartments for tenants from a mix of income brackets, with sliding - scale rents ranging from near -
market rate to significantly below.
The TV spot follows a
marketing assault from the hotel industry, organized labor, activist groups and city Comptroller Scott Stringer that produced and publicized findings that the online rental service has accelerated gentrification by illegally converting
apartments to short - term lodgings
for travelers.»
Alicia Glen, Mayor Bill de Blasio's deputy mayor
for housing and economic development, told the City Council today that obligating developers who receive the controversial 421a tax break to pay construction workers prevailing wages could result in 17,000 badly - needed below -
market apartments not getting built — and argued that the demand
for low - cost housing trumps the call
for union jobs.
They called
for the elimination of a loophole that lets landlords boost rent by 20 percent when tenants vacate a rent - stabilized
apartment, as well as a rule that removes units from rent regulations once the rent gets high enough, allowing units to go to
market - rate prices.
The system has been gamed
for decades and those folks that have scammed the system and hid
apartments from returning to
market just have to do like anyone else - if you can't afford it, you shouldn't be living in it.
The approved plans call
for an $ 87.1 million mixed - use redevelopment, featuring a new 120 - room extended - stay hotel operated by Hart Hotels, plus 185 studio, one - bedroom and two - bedroom loft - style
market - rate
apartments.
The demand
for market - rate
apartments in downtown Cohoes is not clear, and
for that reason the Remsen Street building is risky.
According a study released this year entitled «Out of Reach,» from The National Low Income Housing Coalition, which was cited in the report, the fair
market rental rate
for a two - bedroom
apartment in Rockland County is $ 1,424.
One of the proposals would develop a new building to include senior - focused,
market - rate housing in 60
apartments, new and expanded facilities
for Lifelong, and professional office space.