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
Category: nicholas dunlap
In Advertising It’s What You Say, Not How You Say It
In Advertising It’s What You Say, Not How You Say ItBy: Nicholas A. Dunlap, CPM The New York Post ran an article the other day that summarized a recent list of words a busy Real Estate brokerage (The Corcoran Group) will no longer use in their advertising. Among the words: exclusive, quiet, private, kids, walking, … Continue reading In Advertising It’s What You Say, Not How You Say It
Vacancy Rates On the Decline?
Vacancy Rates On the Decline?By: Nicholas A. Dunlap, CPMCB Richard Ellis reported today that multi-family vacancy rates in the United States will decline from their all-time high of 7.4% in 2009. While rents are down approximately 1% from the fourth quarter of 2009, job losses have slowed and thus, occupancy rates are increasing, pushing vacancy … Continue reading Vacancy Rates On the Decline?
Undercover CPM
Undercover CPMBy: Nicholas A. Dunlap, CPMI am not much of a TV watcher outside of sports, news and other documentary type programming, but recently I have taken a liking to a show on CBS named “Undercover Boss”. In the show, an Upper Level Executive hits the streets and visits the various locations in their firms … Continue reading Undercover CPM
Who, What & Why On Gen Y
Who, What & Why On Gen YBy: Nicholas A. Dunlap, CPM Generation Y has officially become the newest courted renter. Described as individuals born between the years of 1982 and 2000, there are 78 million Gen Y’ers in the world and roughly 25% of the US population is comprised of the demographic. Of course, Gen … Continue reading Who, What & Why On Gen Y
To Respond or Not To Respond? That Is the Question.
To Respond or Not to Respond? That Is the Question. By: Nicholas A. Dunlap, CPM With the array of social media and review type sites that now focus on the multi-family industry, it is important to consider the ramifications that these sites can have both on your firm and your property’s reputation. While it is … Continue reading To Respond or Not To Respond? That Is the Question.
New EPA Incoven…Regulation Soon To Be Upon Us
New EPA Incoven…Regulation Soon To Be Upon UsBy: Nicholas A. Dunlap, CPMOkay, I will comment on the frustrations of property owners, service providers and others who are subject to new EPA Regulations coming into effect at the end of April. Under the guise of safety precautions, the EPA is punishing commercial property owners, painters, contractors, … Continue reading New EPA Incoven…Regulation Soon To Be Upon Us
Knowledge Is the Key to Survival
Knowledge Is the Key to Survival By: Nicholas A. Dunlap, CPM Anyone who has been inside of my office has seen the large stack of real estate related journals, newspapers and magazines that I keep on-hand to refer to for statistics and data. With that, I was drawn to the December 2009 edition of the … Continue reading Knowledge Is the Key to Survival
The Asking Price Is Just That
The Asking Price Is Just ThatBy: Nicholas A. Dunlap, CPMYesterday I received an email from Loopnet, a commercial Real Estate listing and data service that we subscribe to, that I found to be of interest. The email furnished a statistical run of the 4th Quarter of 2009 and pointed out that while sales activity is … Continue reading The Asking Price Is Just That
Function & Value Vs. The Bells & Whistles
Function & Value Vs. The Bells & WhistlesBy: Nicholas A. Dunlap, CPMEach day, the Harvard Business Review publishes a “Stat of the Day”. Today’s stat reflects the attitudes of consumers in relation to the purchases they are making in today’s economy. With that, approximately 60% of consumers today are more concerned with a product’s core … Continue reading Function & Value Vs. The Bells & Whistles