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Mon
07
Aug
John Triplett's picture

Apartment Pet DNA Testing Expands To “Travel Dog” Concept

Apartment pet DNA testing company has new product called Travel Dog

Pet friendly apartments have turned to pet DNA testing to help keep common areas clear of dog poop. It has worked for many apartment complexes.

By John Triplett

Rental Housing Journal

The company that started pet DNA testing for apartment buildings, PooPrints, has recently launched the Travel Dog membership program that

Brody, pictured above, is a Travel Dog member.

allows pet owners to register their pets in the DNA World Pet Registry using a simple DNA sample, according to a release.

Fri
04
Aug
The Editors's picture

The Main Reason People Are Not Buying Homes Is Affordability

Affordability of new homes main reason people choose to rent

A majority of people say new home affordability is the main reason they do not own a home, and not a desire to have the flexibility of renting, according to new research from John Burns Real Estate Consulting.

The trend of more people choosing to rent may be tied directly to the fact that new homes now are simply too expensive and unaffordable for consumers. Plus, builders have moved away from building new homes under $200,000 and focused on much higher priced new homes, according to the report.

“Rising new home prices across the nation have eroded new home sales under $200,000 and contributed to lackluster new home sales volumes,” write David Jarvis, John Burns Senior Vice President, and Matt Farris, Associate.

Thu
03
Aug
The Editors's picture

Over-Automated Recruitment Processes Can Leave Job Candidates Frustrated

over-automated recruiting processes can leave job candidates frustrated

Most job candidates find value in technology but they are frustrated when it supersedes the human aspect of the job search and hiring process, according to a new study.

In fact, 82 percent of respondents agree they are often frustrated with an overly automated job search experience, according to a release from Randstad.

The issue is around the role technology should play in the job search and hiring process.

Wed
02
Aug
The Editors's picture

Amazon Launches Delivery Locker Product For Apartment Buildings

New apartment locker product from Amazon called The Hub

Amazon has launched a new delivery locker product, called “the Hub,” for apartment buildings so residents can securely receive bulky packages and pick them up at convenient times for the tenants, according to Amazon.

Amazon is promoting the service saying, “It’s your package. Pick it up on your schedule.”

The pitch to property managers to focus on residents

Amazon is pitching the lockers to apartment owners and property managers saying, ”Your residents will thank you.

“Accepting deliveries from all carriers, Hub by Amazon can free you and your staff from daily package management.  It’s convenient and easy to use, making the Hub an amenity your residents will love.

“Self-service delivery and trusted customer support come together to create a solution you can count on,” the company says.

Tue
01
Aug
The Editors's picture

My Multifamily Investing Philosophy And How I Do It

Multifamily investing with Vinney Chopra blog

This week we introduce a new blogger, Vinney Chopra, with many years of experience in multifamily investing who is dedicated to education and teaching others what he has learned in more than 35 years of real estate investing.

By Vinney Chopra

I want to discuss with you my investing strategies, my philosophy, and how I got started in real estate investing..

When I started out investing in real estate, I used to believe in single-family homes.  I started buying them about 30 years ago. I also bought a multifamily home back then.

As I became more exposed to the knowledge and the specific benefits of commercial real estate, it really changed my thinking process. When I got to know more about multifamily investing - or what you may call apartment investing - it really started to make sense to me.

Tue
01
Aug
The Editors's picture

Seattle Home-Seller Profits Among Highest In Nation

Seattle home-seller profits among highest in the nation as length of homeownership also remains high

People selling their homes in Seattle have seen some of the highest profits in the nation at a time when home-sellers across the country are seeing the highest profits in 10 years, according to an ATTOM Data Solutions release.

Seattle has an on-going issue of lack of housing supply

“An ongoing issue in the greater Seattle area is a lack of supply which is aggressively driving up home prices,” Matthew Gardner, chief economist at Windermere Real Estate, in Seattle said in the release.

“The only short-term solution is to build more homes, but thanks to land constraints and construction costs, this simply is not happening at a rate that you would normally expect in a market like this,” Gardner said.

Mon
31
Jul
The Editors's picture

June Multifamily Rents Hit Biggest One-Month Increase In Years

June Multifamily Rents Hit Biggest One-Month Increase In Years

U.S. multifamily rents jumped $12 in June, posting the largest one-month increase in several years, according to a release from Yardi-Matrix.

Average rents rose $12 to $1,349, a 2.7% increase on a year-over-year basis, in the 121 markets the survey covered.

Mon
31
Jul
The Editors's picture

Multifamily Market Will Hit Records In 2017 As Investors Return

Multifamily market will hit records in 2017 led by the West Coast metros

West Coast markets will dominate the top 10 on gross income growth in 2017 for themultifamily market, led by Seattle, Sacramento, Tacoma, Portland and Colorado Springs, according to the Freddie Mac Multifamily Research Group’s mid-year outlook.

Outlook authors Steve Guggenmos and Sara Hoffmann find that the multifamily market will continue to grow for the rest of 2017 and into 2018.

Mon
31
Jul
The Editors's picture

Older Millennials Leaving The City For Urban-Like Suburbs

Older Millennials Leaving The City For Urban-Like Suburbs

John Burns Real Estate Consulting’s latest research shows older millennials are leaving the city for urban-like developments in the suburbs which he calls surban.

By Annie Radecki

Senior Manager

John Burns Real Estate Consulting

The top-grossing restaurant in the Philadelphia metro used to be a French bistro in ritzy Rittenhouse Square, but a suburban mini-chain is now hot on its heels.

Philadelphia restauranteurs scoff at its success because City Works lies 20 miles outside of the actual city in the mixed-use Village at Valley Forge in King of Prussia, PA.

Tue
25
Jul
The Editors's picture

Apartments In Upscale Arizona Neighborhood Sell For $71 Million

Phoenix, Tucson Apartments Sold

The Arcadia Cove Apartments in Phoenix, acquired for about $40 million in 2013, have sold for $71.5 million, according to a release.

The 432-unit complex was sold to BH Equities of Des Moines, Iowa, according to Bascom Arizona Ventures who completed the sale for $165,509 per unit. Arcadia Cove, built in 1996, is located at 2252 N. 44th St.

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