Archive for the ‘Rental Market’ Category
Tuesday, July 15th, 2008
One of the worst things for a real estate investor is getting a deadbeat tenant who doesn't pay their bills. There also tends to be a positive correlation between deadbeats and distruction of property. I wish I heard of this tool prior to my last tenant I had to evict.
RentBureau ...
Posted in Rental Market, Rental Tips | 2 Comments »
Monday, July 14th, 2008
Goldman Sachs’ U.S. Economic Research Group recently released data that says over the past 2 years there have been over 1 million for sale units that have been converted into rentals.
This is one of the reasons why we are not seeing rent inflation because although demand is increasing for rentals, ...
Posted in Rental Market | 1 Comment »
Saturday, June 21st, 2008
The top 10 Healthiest Cities in the United States:
San Jose, Ca - average rental price - $2006
Washington, DC - average rental price - $2056
San Francisco - average rental price - $2399
Seattle - average rental price - $1658
Salt Lake City - average rental price - $1146
Oakland - average rental price - ...
Posted in Rental Market, Rental Prices | 1 Comment »
Wednesday, June 4th, 2008
I recently ran across Trulia Market Trends and wanted to take a look at the Phoenix real estate market and compare it to the Phoenix rental market.
According to Trulia, the average sales price for homes in Phoenix has seen a 22.2% decrease in the price of a home from Nov ...
Posted in Real Estate News, Rental Market | 2 Comments »
Saturday, February 23rd, 2008
I found this link on the MyNewPlace Blog and I wanted to share more of the data with you.
Pop quiz: Which properties have more renters in them? Single Family homes and structures with 2 - 4 units or Apartment Properties with 5 or more units?
Answer: Single Family homes and structures ...
Posted in MyNewPlace, Rental Market, Rental Prices | No Comments »
Monday, January 28th, 2008
Back in December we wrote that Rentomatic would be launching soon. It appears that Rentomatic has launched and has replaced the brand of iiProperty.
The new brand and site is tailored to both renters and managers. Renters are able to pay rent online, build credit, send maintenance items. Property managers and ...
Posted in Rental Market | 3 Comments »
Sunday, January 27th, 2008
Ran across this site from the HotPads blog. SuperBowlRentaHome.com offers renters the ability to search for properties near Super Bowl Locations. Next Sunday, the Super Bowl will be held in Phoenix and 1-week rental homes are going from $9,900 per week to $17,000 per week.
I think I will save my ...
Posted in Rental Market | 3 Comments »
Friday, January 25th, 2008
The census bureau releases their data to the public every 10 years. The last census report released was in 2000. I cannot wait to get the update census data in 2010.
Question: Was Rental Housing More Affordable in 1950 than in 2000?
As the graph below shows, it seems that rental ...
Posted in Rental Market, Rental Prices | 2 Comments »
Friday, January 25th, 2008
HB-1140 has been defeated in committee.
From the aamdhq.org newsletter.
All of the witnesses in opposition to HB-1140 proved the case that rent control is a broken tool that does not create affordable housing. Testimony showed rent control compromises basic economic principles, deteriorates the quality and quantity of rental housing, prevents new ...
Posted in Rental Market | No Comments »
Saturday, December 29th, 2007
Rentomatic, which is owned by iiProperty, will be launching shortly according to Pat Kitano's blog, I've spoken to Allison Atsiknoudas, iiProperty's CEO numerous times and she impresses me with both her knowledge of technology and the rental market.
Rentomatic, will be targeted to small- and mid-sized landlords, property managers and ...
Posted in Real Estate News, Rental Market | 4 Comments »
Monday, December 10th, 2007
Edgeio, the classifieds site that raised $1.5 million in angel funding and another $5 million in Series A funding has decided, after 15 months of burning cash to close their doors.
First to pick this up was TechCrunch, where Michael Arrington, an editor at TechCrunch and co-founder of Edgeio announced the ...
Posted in Craigslist, Rental Market | 4 Comments »
Tuesday, December 4th, 2007
The quick answer is "Big". The long answer is "Bigger than you think." To start, we must ask ourselves some questions. All data is from Q3 of 2007.
How many housing units are there in the United States?
According to the recent census data (PDF), there were an estimated 128.2 million ...
Posted in Rental Market | 3 Comments »
Wednesday, November 7th, 2007
The Census Bureau released their most updated numbers on the housing market. For the third quarter of 2007, the national average rental vacancy rate was 9.8%. 1 and 2 bedroom rentals had the highest vacancy rate at 20.5% which equaled 4% of total inventory and 3 or more ...
Posted in Rental Market | 3 Comments »
Saturday, November 3rd, 2007
The recent Google dance, a term used when Google updates its database, has many webmasters up in arms. This most recent update has effected thousands of sites and has decreased their pagerank. The rumor is Google is really hitting those sites that buy and sell links that don't have the ...
Posted in Rental Market | 3 Comments »
Tuesday, October 30th, 2007
The Orlando Economic Development Commission released a metropolitan apartment report. They studied 6 major metropolitan areas including Atlanta, Charlotte, Orlando, Las Vegas, Miami, and San Diego.
Here are some of the interesting things they found:
Of these 6 areas, Atlanta had the highest vacancy rate at 7.3% for 2007
Of these 6 areas, ...
Posted in Rental Market | No Comments »
Tuesday, October 23rd, 2007
I wanted to follow up on my post Apartments for rent VS homes for rent I did yesterday. MSN also has some more data on this and actually breaks it down by search impressions, search volume and demographics. It looks like some search engines are becoming more liberal with their ...
Posted in Rental Market | No Comments »
Tuesday, October 23rd, 2007
Microsoft has tool that predicts the demographics of an audience that is searching for a particular search term or searching on a particular site. Here are some numbers.
For people searching for "homes for rent"
65% are female
highest distribution of age group is 25 - 34 at close to 35% of all ...
Posted in Rental Market | No Comments »
Monday, October 22nd, 2007
I was doing some research on the top 10 keywords for rental keywords and found the following from wordtracker.com. I have no idea where wordtracker gets these results but these always tend to be underestimating the search volume. Here is the breakout.
Homes for rent related Keywords:
Apartments for rent related ...
Posted in Rental Market | 3 Comments »
Friday, October 12th, 2007
1) Make Users Login to view properties
2) Lack of SEO and / or SEM presence
3) Slow Load time
4) Too many banner advertisements
5) Not enough inventory
Posted in Rental Market | No Comments »
Friday, September 28th, 2007
An article written by Caroline S. Latham of RealFacts discusses the names of apartment communities and how they could have received their name by destroying what was once there.
The famous sociologist Paul Lazarsfeld pointed out that people tend to name the things they build for what was destroyed in ...
Posted in Rental Market | No Comments »
Thursday, September 27th, 2007
As our first post, we wanted to do a single family home rental market 101. We could write for days in regard to the rental market but we will try keep it to under 500 words: Because I am lazy, I will refer to the Single Family Home Market ...
Posted in Rental Market | No Comments »