Apartments, Industrial: Better Than the Rest

A study released this week by the CCIM Institute rated multi-family housing and industrial real estate as safer real estate investments than either hotel, retail or office properties. While there has been a general slowdown in commercial real estate activity, multi-family and industrial property types were rated at 5.1 and 4. 3 respectively on a … Continue reading Apartments, Industrial: Better Than the Rest →

Au Contraire Mon Frere

An article in today’s Wall Street Journal proclaims that renting is the new American dream. Sadly, there is some confusion within the title of the article. The dream remains home-ownership, yet renting remains the reality. Evidence of this dream is represented by the hundreds of thousands of homes in foreclosure and those that have been … Continue reading Au Contraire Mon Frere →

Remain Optimistic

Who would think that there would in fact be good news at the end of an article entitled “Apartment Vacancy Rate Hits 22 Year High” ?In an article published today in the Wall Street Journal, readers are again reminded of dropping rents and rising concessions in the multi-family housing industry. Only in this particular article, … Continue reading Remain Optimistic →

Shopping For Specials? OC is the Place to Be!

Apartment hunting is no longer about scouting the best possible location or even bargain hunting. Today, many renters are shopping for the move-in specials that have become a proverbial sign of the times for the Orange County Housing Market. Move-in specials are promotional deals geared towards attracting residents to an apartment complex. During a somewhat … Continue reading Shopping For Specials? OC is the Place to Be! →

This Day In Age, No News Is Good News

It seems like everyday there are new statistics, studies, opinions and news briefs published on the Real Estate market. The conflicting headlines and topics of many of these updates have confused the American public into a state of total disbelief and hesitancy with regard to the timing of their would be acquisition or disposition. Join … Continue reading This Day In Age, No News Is Good News →

The Billion Dollar Question?

Data and statistics published this week by Loopnet, the Commercial Real Estate Listing and Comparable Data Website, shows that Orange County Multi-family housing experienced the most significant decline in transaction volume of any type of Commercial property. From their 2007 4th Quarter peak at over $1 Billion Dollars in Sales, Multi-family housing sales have dropped … Continue reading The Billion Dollar Question? →

Good News For Apartment Owners

Good News For Apartment OwnersGood News for Apartment Owners; new statistics published by The Commerce Department in Washington show that multifamily construction has dropped over 46% for the year (90,000 units) and nearly 23 % in March alone. The translation: it is not getting easier or more affordable to develop multifamily housing. New construction permits … Continue reading Good News For Apartment Owners →

The Right Game Plan For Investing

In many ways, investing in Real Estate is like playing a team sport. Without a strong team behind you, you might be able to make it through the first few innings, but when it gets late in the game and a pitching change is required, you might find yourself in trouble. I was reminded of … Continue reading The Right Game Plan For Investing →

Yes, It Is Still Cheaper to Rent Than To Buy…

Last week, Orange County was named as the 7th Priciest Metro Area in the nation. The survey, published by the National Low Income Housing Organization listed the average rent of $1,550 for a 2 Bed/2 Bath apartment home as being the 7th highest nationwide. In light of our current economy, this news bodes well for … Continue reading Yes, It Is Still Cheaper to Rent Than To Buy… →