Rents and Risk in Orange County, Part I By: ND During the … Continue reading Rents and Risk in Orange County, Part I
Category: vacancy rates
Avoid the Summertime Vacancy Blues
Avoid the Summertime Vacancy Blues By: Nicholas A. Dunlap, CPM Graduation time, kids are out of school, family vacations and three day weekends are here, you guessed it, summertime is upon us. Even the best apartment communities experience turnover in the summertime. Follow these 3 secrets to make sure you fill your vacancies before Independence … Continue reading Avoid the Summertime Vacancy Blues
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?
The Numbers Speak for Themselves
The Numbers Speak for ThemselvesBy: Nicholas A. Dunlap, CPMThere is no better way to combat the effects of a down economy than good old-fashioned hard work. Through extensive marketing campaigns, enhanced on-site efforts and thorough market knowledge, we are outperforming the competition. Portfolio wide, we have only 11 units unaccounted for by way of application … Continue reading The Numbers Speak for Themselves
A Busy December
A Busy DecemberBy: Nicholas A. Dunlap, CPM Upon reviewing our past 10 years of operation and specifically evaluating the month of December in each year, we have finally matched our 2001-2002 numbers. The move-in count for the month thus far is just a few move-ins ahead of what we saw in 2003. In 2003, we … Continue reading A Busy December
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