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Property Management

The most recently published posts in the Property Management category
Sometimes, when you are looking to sell your home in Houston TX, you can feel lost, not knowing where or how to start. That is what we are here for. To help you sell your home. At Tamborrel Properties, we won't only list your home to sell it, but will build a whole marketing campaign around your house to ensure it will be sold quick and at a great price. We work with professional photographers and...
Read Post [Posted on 05/22/2013 By Luis Tamborrel]
As rental demand soars, an apartment construction boom uprising has occurred across the country. But a report from UCLA’s Ziman Center for Real Estate suggests that the increase in apartment construction likely only has another year before it starts waning. Previously falling home prices and a rise in foreclosures caused demand in the single-family housing market to shrink in recent years whi...
Read Post [Posted on 05/13/2013 By John Askins]
The majority of housing reports show housing on the rise ...so what does this mean for the booming rental market? The pick up in home sales has many analysts questioning how much longer the multifamily sector will see this kind of rapid growth. Apartment rents are soaring in many markets and vacancies are still falling.“The apartments have had spectacular growth since the depths of ...
Read Post [Posted on 05/10/2013 By John Askins]
Vacant residential lots are looking better and better to real estate investors.The cost of a finished, ready to build lot, can cost a developer about 25 percent of the finished home price. There are a number of these ready-to-go lots on the market at about half what they actually cost to prepare. Investor groups are snapping them up, figuring that the time will come soon when they will be in deman...
Read Post [Posted on 05/07/2013 By John Askins]
Foreclosed homes are increasingly being purchased or rented by those who are turning the homes into sites of illegal activity: Indoor marijuana farms. According to law enforcement officials, many of these illegal marijuana farm foreclosures are blending right into suburbia. New owners or renters move into foreclosed properties in middle to upper-class neighborhoods, mowing the lawn, taking out the...
Read Post [Posted on 05/04/2013 By John Askins]
Ownership of New York’s 102-story landmark will be battled out in court. New York real estate investors Peter L. Malkin and Anthony E. Malkin control the tower but are minority owners. They are nearing a deal—valued at $5.2 billion—that would offer them public shares in 19 properties, including the Empire State Building, The New York Times reports. The Malkins have gone on an investor-by-...
Read Post [Posted on 04/30/2013 By John Askins]
Cole Real Estate Investments of Arizona has purchased South Plains Crossing, a 144,241-sf neighborhood shopping center in Southwest Lubbock.The property was 98 percent leased at the time of sale to a tenant roster that includes anchor tenants Hobby Lobby and Spec’s Liquor. It's on 12.3 acres at 6802 Slide Rd., across from the South Plains Mall. It was built in 1996 and renovated in 2012.The ...
Read Post [Posted on 04/25/2013 By John Askins]
The General Services Administration (GSA) is trying to unload a surplus of government buildings across the country through auctions and, most recently, by working with private developers to negotiate land swaps. The land swaps “reduce the government’s real estate portfolio while consolidating offices and saving money for taxpayers,” The New York Times reports.  The federal governme...
Read Post [Posted on 04/24/2013 By John Askins]
Taking advantage of an increase in home owners-turned-tenants, apartment landlords are raising their rents and expect to continue to do so.Vacancies are at lows and developers are trying to rush projects of multifamily housing to meet the increased demand from renters, but continued constraints on lending has put the brakes on many projects, particularly in smaller markets. "I'm optimistic about t...
Read Post [Posted on 04/21/2013 By John Askins]
Rents continue to inch up, soaring more than 15 percent in some markets. The following five metro areas have seen some of the biggest increases in rental prices — more than 10 percent — according to released data by Trulia:1. Edison-New Brunswick, N.J.Change in rent in 12 month period: Up 15.6 percent2. San Francisco, Calif.Change in rent in 12 month period: Up 13.2 percent3. Miami, Fla.Change in ...
Read Post [Posted on 04/20/2013 By John Askins]
Property investors nowadays are more willing to pay cash or make a large down payment as they seek to get in on real estate deals for renting or flipping, according to a recent article at Realty Times.  These investors are eyeing real estate as a better investment than money market funds or stocks.  Julie Wyss, a short sale and luxury home specialist in Silicon Valley, Calif., offers s...
Read Post [Posted on 04/10/2013 By John Askins]
A lot of retirees are looking to stay near big cities and near their families, but not in the city, by seeking more affordable options nearby. “One day our children will leave the nest and naturally, as parents, we want them to soar,” says Charlie Young, ERA Real Estate president and CEO. “We also want to stay in touch and visit with them as much as possible without giving up our own lifestyle.”ER...
Read Post [Posted on 04/10/2013 By John Askins]
Landscaping can be pricey, but it can make a big difference in creating curb appeal that attract buyers to the door. "The condition of your lawn has a big effect on the look and value of your home, whether you have a complicated landscaping plan with water features and/or an expanse of grass and flowers," Angie Hicks, founder of service-ratings site Angie's List, told the Chicago Tribune.&nbs...
Read Post [Posted on 03/18/2013 By John Askins]
According to a report by the National Low Income Housing Coalition, Austin is the most expensive city in Texas for renters earning minimum wage.Whereas in Texas, a full-time worker must earn at least $15.88 per hour to cover fair market rent of $826 for a two-bedroom apartment, Austin employees must earn $19.02 to cover their housing expenses.Fair market rent is $944 for a two-bedroom unit in Aust...
Read Post [Posted on 03/16/2013 By John Askins]
Downtown Dallas investment is paying off for Texas’ third most populous city.After significant investments in new housing, retail and public parks downtown, businesses are returning to Big D — and sticking around.For the first time since 2008, downtown Dallas gained more office tenants than it lost. In 2012, more than 800,000 sf of office space was leased in the central business di...
Read Post [Posted on 03/13/2013 By John Askins]
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