Business Practices That Amaze (and not in a good way), Part IBy: Nicholas A. Dunlap, CPMThis week’s “it amazes me that people like this are in business” thought came to me while reading an article published in Realtor Magazine. The article referred to or suggested that in the years 2002-2008, otherwise known as an economic … Continue reading Business Practices That Amaze (and not in a good way), Part I
Category: income property
Good News From Westwood
Good News From Westwood By: Nicholas A. Dunlap, CPMUCLA’s School of Economics announced today its beliefs that the State of California is just a year away from economic recovery. Though unemployment will remain in the double digits through the end of 2011, by 2012 UCLA projects the unemployment rate at just below 10%. While there … Continue reading Good News From Westwood
Doubling Up
Doubling UpBy: Nicholas A. Dunlap, CPMNumbers published today by Realfacts data and statistics show that some of the largest reductions in rent were incurred by the smallest apartment homes. For example, bachelors, studios, junior one bedrooms and one bedrooms suffered a decline of approximately 7.3% to 11.4% in monthly rental figures, whereas two and three … Continue reading Doubling Up
2009: The Year That Was
2009: The Year That WasBy: Nicholas A. Dunlap, CPM 2009 has kept property owners and managers extremely busy with marketing and leasing at their multifamily properties. In our portfolio, we experienced multiple waves of move-outs and vacancies, starting in the holiday season of 2008. After vacancies sat through the holiday season, it became apparent that … Continue reading 2009: The Year That Was
Good News for 2010!
Good News for 2010BY: Nicholas A. Dunlap, CPMAnil Puri, Dean of the Mihaylo College of Business and Economics at CSUF predicts that approximately 10,000 new Orange County jobs will be added in 2010. Though not as substantial as the 58,000 jobs lost this year or 38,000 lost in 2008, the idea of a halt in … Continue reading Good News for 2010!