2011: Is It Getting Better? My Answer to The National Apartment Association's QuestionBy: Nicholas A. Dunlap, CPMWhether you are an investor, owner/operator, manager or broker, the 2011 forecast for the apartment industry is something to smile about. Depending on your market, property values are likely trending upward toward more attractive sales prices, interest rates have … Continue reading 2011: Is It Getting Better?
An Investor’s Thoughts On the Census
An Investor's Thoughts On the CensusBy: Nicholas A. Dunlap, CPMProperty owners should marvel over the recently released 2010 US Census data. The United States now has over 308,745,538 residents. Additionally, the South and West were the strongest geographical areas in terms of overall percentage growth at 14.3% and 13.8% since 2000. Texas has grown 20.4% … Continue reading An Investor’s Thoughts On the Census
The Age of Value
The Age of Value By: Nicholas A. Dunlap, CPM As perplexing as it may seem, it took the multifamily industry a great while to adapt to the ways of the American consumer. It was as if landlords felt that their product was different than other commodities that are purchased and sold. Although housing provides warmth, … Continue reading The Age of Value
The Texas Two Step
The Texas Two-Step By: Nicholas A. Dunlap, CPM Disgruntled public employees in California must love the headline in today’s Orange County Register. Often behind the times and trends of Business and Real Estate, the Register today proclaimed that Texas has begun to “Lasso California Businesses”. Essentially what the state of Texas has begun to do … Continue reading The Texas Two Step
The Blind Side
The Blind SideBy: Nicholas A. Dunlap, CPMClinton had 35%, Bush and Reagan over 50%, now at just 10%, Barack Obama has become the US President with the least private sector experience in his cabinet since JFK had 28% in 1963. Clearly, these significant differences also illustrate the growing ineptitude of the Government towards fiscal and … Continue reading The Blind Side
When Obama Gives You Lemons, Make Lemonade
When Obama Gives You Lemons, Make Lemonade By: Nicholas A. Dunlap, CPM Newspaper headlines can almost be read as sarcastic when they proclaim that mortgage rates have reached 6 month highs at a whopping 4.87%. However, the slight increase represents a .5% bump in just two weeks. While the Federal Reserve appears to understand the … Continue reading When Obama Gives You Lemons, Make Lemonade
The Hollywood Farmer’s Market Fiasco
The Hollywood Farmer's Market Fiasco (From a Property Owner's Point of View)By: Nicholas A. Dunlap, CPMI love a farmer's market as much as the next guy. In fact, I frequent the two here in Fullerton and try to support the small businesses who participate in these weekly events as much as possible. But what right … Continue reading The Hollywood Farmer’s Market Fiasco
The Real Reason California is Broke
The Real Reason California is Broke By: Nicholas A. Dunlap, CPM I received this by way of email and do not know who to give credit to for compiling a list of State Run agencies in California. I found it too good to not share. The Reason California is and will remain broke...California Academic Performance … Continue reading The Real Reason California is Broke
Penalties Disguised as Fees
Penalties Disguised as Fees By: Nicholas A. Dunlap, CPM Good to know we're not alone. Today's HBR Daily Stat pointed out that in Zimbabwe, a start-up company faces penalties (disguised as fees) of up to 500% of the country's annual per capita income. For those comparing at home, the US figure is closer to 0.7%. … Continue reading Penalties Disguised as Fees
Help Is On The Way
Help Is On The Way By: Nicholas A. Dunlap, CPM Just two weeks after the election and while our home state of California got rocked, there is sunshine on the horizon with the help of a Republican congress. Even better news is the sign that Democrats are now starting to realize some of the flaws … Continue reading Help Is On The Way