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Houston Real Estate Blogosphere
Houston Real Estate Blogosphere brings together all the blog posts of REALTORS from the Houston area in one place
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Property Management

The most recently published posts in the Property Management category
Investors have targeted the nation's undeveloped land. They're snatching up undeveloped land heavily discounted in bankruptcy proceedings from developers and banks that foreclosed on the builders once they ran out of money for their projects, Reuters reports. The investors then resell the land for up to 20 percent or more returns on their investment. Or, in a buy-and-hold strategy, the investors p...
Read Post [Posted on 11/25/2014 By John Askins]
The U.S. apartment vacancy rate has fallen to some its' lowest levels in more than a decade during the past year, according to real estate research firm Reis Inc., some of the lowest rates since the third quarter of 2001, when it stood at 3.9 percent.  "Demand has been so strong to push vacancy rates to such a low level, yet we haven't seen rent growth of the magnitude we would normally expe...
Read Post [Posted on 11/20/2014 By John Askins]
The Blackstone Group has been the largest investor in the U.S. of single-family rental homes, having purchased more than 6,500 foreclosed homes in eight metro areas. Investors have been taking advantage of lower home prices over the last few years by snapping up foreclosed properties at big discounts and turning them into rentals. That could equate to about 40,000 to 80,000 properties, according t...
Read Post [Posted on 11/16/2014 By John Askins]
Asian investors are continuing to eye office and retail properties in North America. The Wall Street Journal reports that Asian private investors are targeting small office buildings, retail shops, and branded hotels in North America as well as in Europe. "There's great depth and interest in deal sizes between $30 and $80 million,” says Alastair Meadows, head of the international capital grou...
Read Post [Posted on 11/16/2014 By John Askins]
Distressed sales are making up a shrinking share of sales nationwide, but the average discount on them continues to be “substantial,” says Daren Blomquist, vice president of RealtyTrac.The median sales price of distressed residential properties, whether foreclosured or bank-owned, was $130,000 in September — 37 percent below the median nondistressed sales price of $205,000, according to RealtyTrac...
Read Post [Posted on 11/08/2014 By John Askins]
When it comes to apartment living, more renters want convenience and to be near urban and public transportation hubs, according to industry experts and the National Association of Home Builders. The experts highlighted some current trends in multifamily housing, including: Urban lifestyle: The millennial generation makes up the largest segment of renters and they are showing a preference for liv...
Read Post [Posted on 11/05/2014 By John Askins]
Here’s a fun look at possible price tags for presidential properties.Do you know how much the White House is worth? You might be surprised at the number. Image: Zach Rudisin Photography/WikipediaYowza! A recent appraisal of The White House — as a prime property, not the seat of world power — set its price at $1.5 billion (with a B).The Wall Street Journal turned to D.C. appraiser De...
Read Post [Posted on 11/04/2014 By Garrett McWhorter]
The stars are aligning for the office sector: Falling vacancies, rising net absorption, a controlled supply of new office space, rising rents. Investors are seeing higher property incomes on their office property investments, according to CoStar’s Third Quarter 2014 Office Review and Outlook. CoStar notes the sector has reached its “sweet spot in the market cycle.”About 57 million square...
Read Post [Posted on 11/04/2014 By John Askins]
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Read Post [Posted on 11/03/2014 By Carolina James]
Typical investor magnets like San Francisco, New York City, Boston, and Seattle are getting new competition from some rapidly growing markets. The coastal cities are no longer the top choices for investors: Other markets are stepping in as the ones to watch for 2015, according to Emerging Trends in Real Estate 2015, a report co-published by PwC US and the Urban Land Institute. The report...
Read Post [Posted on 11/03/2014 By John Askins]
Condo sales have been on a roller coaster ride in recent years, as the recession hit the sector hard. But is the country ready for a condo revival?In 2005, condo sales surged to 12.7 percent of all home sales. But the financial crisis caused the condo market to recede — even more so than the single-family market — with sales falling to 10.7 percent of all home purchases in 2009. "Condo ...
Read Post [Posted on 11/02/2014 By John Askins]
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Read Post [Posted on 10/31/2014 By Susan Greer]
Do You Need a Property Manager?There are many decisions that you will need to make when investing in real estate. One of those decisions, for those handling rental properties is whether or not you need a property manager. Property managers have many uses and are a great idea for those who have many properties to handle and wish to have a life away from their real estate investing businesses. A pro...
Read Post [Posted on 10/30/2014 By Michael Spacek]
 Most renters know that paying the rent on time and following the lease will keep them out of hot water, but what does it really take to have a great relationship with your landlord?The answer may surprise you. (Hint: It isn’t all about the rent.)The Ideal TenantWhen landlords interview prospective tenants, they’re looking for job stability and steady income first and foremost, but their wish...
Read Post [Posted on 10/29/2014 By Janet Buff]
Detroit is aiming to further eliminate neighborhood blight and recover lost revenue from home owners who are delinquent on their mortgages. Wayne County is taking on an unprecedented effort to take possession of every property that is three or more years behind in taxes. The county has notified 80,000 property owners that they are on the verge of losing their homes to foreclosure due to ...
Read Post [Posted on 10/29/2014 By John Askins]
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