News And Trends

At News & Trends you will find trends in rents, real estate sales, apartment development, the economy at large and property management and investing industry matters.

Investor Plans $16 Million Joint Venture To Promote Affordable Multifamily Housing In California

The Community Development Trust (CDT) and Southport Financial Services Inc. have announced a joint venture to purchase and improve three California apartment complexes for $16 million that total  300 affordable multifamily housing units serving low-income families and senior...

A Surge In Multifamily Housing Led the 11.3 Percent December Jump In Housing Starts

A surge in multifamily housing production resulted in overall nationwide housing starts rising 11.3 percent to a seasonally adjusted annual rate of 1.23 million units, according to a release.The newly released data from the...

Property Management Software Company Acquires Rental Finder RadPad

Landlordstation.com, a property management and tenant screening company has acquired RadPad, and mobile-first rental market place that connects renters and landlords, according to a release.The combined companies will provide a single transactional platform serving both...

Company Buys California Apartment Community For $5.2 Million

A private equity group has purchased Laurel Tree, a 36-unit apartment community in Fontana, California, for $5.2 million, according to a release.The Bascom Group purchased the apartment community in California’s Inland Empire at 17923...

San Diego Company Buys Scottsdale Apartments For $51 Million

A San Diego-based real estate investor and operator has acquired Scottsdale apartments, called the Scottsdale Horizon Apartments,a 330-unit complex, in Scottsdale, Arizona, for $51 million, according to a release. "Our ownership of similar properties in the Phoenix market...

Company Acquires Collegiate Housing Community At Oregon State

A company specializing in collegiate housing has acquired The Retreat at Corvallis, serving Oregon State University in Corvallis, Oregon, according to a release.                  "With 95 percent occupancy this year and a location pedestrian to campus, this community is a...

Turning Point or Seasonal Doldrums?

Turning Point or Seasonal Doldrums?Seattle - The latest Apartment Insights survey shows a significant deterioration in a rental market that has been booming for the past five years.Fourth quarters are typically slow, but this...

HomeUnion Names the Highest-Growth Rental Markets

HomeUnion Names the Highest-Growth Rental MarketsSeattle rent growth led the nation, while El Paso, Texas rent growth was the lowest.HomeUnion, an online real estate investment management firm, has released a list of the single-family...

Home Values Rise at Fastest Pace Since 2006

Home Values Rise at Fastest Pace Since 2006The median home value in the U.S. is now $192,500, according to Zillow's November Real Estate Market Report, just 2 percent shy of 2007 peak.In November, national...

Home Sales Expected to Expand Modestly in 2017 as Affordability Pressures Temper Buyer Enthusiasm

Home Sales Expected to Expand Modestly in 2017 as Affordability Pressures Temper Buyer EnthusiasmExisting-home sales are forecast to muster only a small gain in 2017 because of increasing mortgage rates and shrinking consumer confidence...