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Four rental housing leaders will address the economy, apartment trends and other issues next week during CAA Connect — Northern California Rental Housing Conference & Expo.
The multifamily executives will speak during CEO Panel – A Conversation with the Industry’s Leading Executives, scheduled from 1 p.m. to 1:50 p.m. in Ballroom K of the Santa Clara Convention Center.
The panelists include the following:
Mike Bissell, president of multifamily property management at the SARES-REGIS Group.
Thomas Scott, president and co-founder of Cambridge Management Co.
Jeff Bosshard, president of multifamily operations for Woodmont Real Estate Services.
Julie Brawn-Whitesides, executive vice president at… Read More
Tagged: EventsLeadershipTrends
In his housing predictions for 2014, Trulia’s chief economist forecasts declining supply and demand for single-family rentals and the opposite for multifamily rentals in urban areas.
“Ironically, economic recovery means that the overall homeownership rate will probably decline, as some young adults form their own households as renters,” writes Jed Kolko on the Trulia blog. “Still, the shift in rental activity from suburban single-family to urban apartments would be yet another sign of housing recovery.”
Tagged: DevelopmentTrends
Boring community room at your apartment complex? Borrow a page from the Big Apple, where apartment lending libraries have emerged as a quiet, thoughtful amenity, according to the New York Times.
With some space, bookshelves and paperbacks, you’re on your way to adding a cheap and easy amenity to your rental property.
Check out these tips from Zillow to get started.
In a first for California, construction of multifamily housing units last year exceeded that of single-family homes.
Local jurisdictions reported 23,801 multifamily housing units built in 2012, compared with 20,883 for the single-family variety, according to a news release from the state Department of Finance.
The state grew last year by 0.8 percent, bringing California’s population to nearly 38 million.
Each of California’s 10 biggest cities saw a population bump, with San Jose growing at the fastest clip — 1.5 percent.
Related coverage
CA population grows to 37.9 million (San Francisco Chronicle)
California’s population nears 38 million (Pasadena Star-News)
California… Read More
Tagged: GrowthIn the newsTrends
In California, fewer homes are for sale these days, and finding “for rent” signs can test a would-be tenant’s patience.
The news media are taking notice of these realities — and the impacts they’re having on affordability.
Both Forbes and the Huffington Post today published articles about the high cost of rental housing in California, and last week, the Sacramento Bee reported a steep decline in homes for sale.
According to the Huffington Post piece, the Golden State has the least affordable rental housing on the mainland United States. The Post cites the National Low Income Housing Coalition’s annual report.… Read More
Four rental housing leaders will address the economy, apartment trends and other issues next week during CAA Connect — Northern California Rental Housing Conference & Expo. The multifamily executives will speak during CEO Panel – A Conversation with the Industry’s Leading Executives, scheduled from 1 p.m. to 1:50 p.m. in Ballroom K of the Santa […]
Tagged: In the newsTrends
If the rental market is returning to the fast lane, you could say women are in the driver’s seat.
Diana Olilck’s Realty Check article on CNBC.com says the housing market’s recovery doesn’t necessarily mean a rush for renters to become buyers.
Pointing to demographics, the article explains the role women are playing in the apartment industry’s success — even as the housing market bounces back.
Some reasons women are likely to keep renting: These days, they’re staying single longer and putting off parenthood for their careers.
That lifestyle suits apartment living more than taking on a mortgage and a home… Read More
Tagged: In the newsTrends