What started as a pilot program has since developed into an essential way of life for thousands of residents in multi-family dwellings, according to Ofc. Bert Garcia of the Gwinnett County Police Department.
With over 2.6 million apartment units updated each month, ALN Apartment Data is one of the most complete and accurate data provider available anywhere in the country. The Las Vegas Apartment Market Overview for September 2014 is now available to view.
Good news about the apartment and student housing sectors was in abundance during the first part of October. First, we learned that third-quarter effective rent growth was 4.0%, further solidifying 2014 as a strong year for apartments. Then, we learned that fears about the amount of student housing opening this year were unfounded.
Buying a home is still cheaper than renting one in every single one of America’s 100 largest metropolitan areas, according to a report out today from San Francisco-based real estate data firm Trulia. On average for the nation, owning is still 38% cheaper than renting.
The online shopping revolution is banging on your door. Are you ready? A revolution is going on inside consumers’ computers, one that the apartment industry should take note.
Apartment make-ready maintenance requires some planning and thought. The tasks required generally differ slightly from property to property, and there can be issues between team members when everyone is not on the same page (or even reading from different books.)
According to a survey released by pest control company Orkin, recurring pest issues cause 60 percent of apartment renters to look for a new place to live—a finding supported by the National Apartment Association (NAA). Of apartment renters surveyed, 85 percent have encountered a pest in their apartment in the past 12 months. While bed bugs are the most feared of all pests, flies were sighted most often, followed by ants, cockroaches and rodents. The survey polled apartment renters across the United States.
A good bet. Few of the nation's local economies reaped the recessionary whirlwind to the devastating extent seen in Las Vegas. While the return to pre-recession employment levels and the high rates of population growth that once helped animate the local economy and its housing markets remains a task for the period ahead, new favorable trends and conditions are indicated. Tourism, the lynchpin of the local economy, is driving the resurgence. Indeed, according to preliminary data provided by the U.S. Bureau of Labor Statistics (BLS), employment in the Leisure and Hospitality sector accounts for fully 272,100 jobs (34.8%) of total private non-farm employment in the local Metropolitan Statistical Area (MSA) as of August. Growth in this sector, a little slower over the recent period, remains positive: the 1,200 jobs added net over the latest August-to-August period brought employment in this sector to within 2,000 jobs of the August peak recorded for 2006.