Bisnow’s Post

🌆 Capitalizing on DC's Buyer's Market: Explore Urban Condo Investments 🏙️ In a city where history meets opportunity, Washington DC's condo market is buzzing with potential. 📈 With prices favoring buyers and fewer "bidding wars" than you are finding in the suburbs, now is the time to take advantage of the opportunities in the DC marketplace. 💼 💰 Check out our latest blog to learn more about the current DC condo market and take a peek at our Capitol View Condominiums development and find your perfect match. https://lnkd.in/eGMA9snJ #WardmanRE #DCCondoInvesting #CapitolViewCondominiums #HomeownershipDreams #InvestmentOpportunity #UrbanLiving #InvestmentStrategy #HomeBuyingTips

Victor Nolletti shares his insights on the New Haven commercial real estate market in a recent article by Hartford Business Journal: https://lnkd.in/e3CZzK7q #MarcusMillichap #CREMarket #CommercialRealEstate #HartfordBusinessJournal #NewHavenCRE

Young GTA buyers shift from downtown condos to suburban homes: Here’s why it’s a problem High risks, hidden costs and short-term rental competition make downtown living less feasible and attractive. Is it time for Ontario to rethink condo policies?

Deciding between a condo and a townhouse? 🏠 From lifestyle considerations to financial implications, find out which option suits your needs best! 💡 https://lnkd.in/g24zvGmf 🌻 First Team Real Estate ⭐️ DRE 02021206

Apartment Availability, Concessions Rise in Dallas-Fort Worth Competition for Residents Remains Hot By Bill Kitchens CoStar Analytics August 1, 2024 Residents in Dallas-Fort Worth have many living options, leading to a more pervasive use of concessions across the market. About 40% of properties in the Dallas-Fort Worth region are offering some form of concession, up from 24% a year ago and the highest share since the end of 2020. When a wave of properties comes onto the market, availability is pushed higher, which challenges property owners and managers to fill their units. Rising availability is a function of the supply wave in Dallas-Fort Worth, but most new apartment complexes are found in outlying areas. Neighborhoods in Collin and Denton counties have seen the most significant deluge of units completed; both counties accounted for about 45% of all completed units in the Dallas-Fort Worth area over the past four quarters. Concessions vary across the region, though the most generous ones are found in areas saturated by new complexes. Property management professionals say four weeks free is a common concession, though some push that norm further. For example, Resia Rayzor Ranch in Denton is offering potential tenants three months free along with a smart TV. Meanwhile, Alexan Melissa in Collin is advertising eight weeks free on some floor plans. While apartment availability and concessions have become more pervasive, the current landscape is expected to shift as Dallas-Fort Worth’s pipeline normalizes. Developers started 19,150 units in the past four quarters, down from the peak of 42,000 units last year. Elevated costs to finance new construction and weaker property performances discourage new units from kicking off. Even so, construction costs appear to be stabilizing, according to property management professionals. The supply wave is expected to subside over the next couple of quarters, creating a thinner pipeline of new properties in 2025 that may push availability lower and curb concession usage. #concessions #investment #competition #DFW

Condos vs. Apartments in Ontario Real Estate In Ontario, condos and apartments are two popular housing options that offer distinct features and lifestyles. Let's delve into the differences between the two: Ownership Structure: 🏢 Condominiums (Condos): Condos are individually owned units within a larger residential building or complex. Each condo owner holds legal title to their unit and shares ownership of common areas and amenities with other unit owners. Condo owners pay monthly maintenance fees to the condo corporation for the upkeep of shared spaces and building maintenance. 🏢 Apartments: Apartments are typically rented living spaces within a multifamily residential building owned by a landlord or property management company. Tenants do not own their units but instead pay rent to the landlord or property manager in exchange for the right to occupy the space. Understanding the distinctions between condos and apartments can help prospective buyers and renters make informed decisions based on their lifestyle preferences, financial goals, and housing needs. #OntarioRealEstate #CondosVsApartments 🏠🔑

Colorado Condos Discussion Post-4 Here is a review of new home start production among the three Front Range markets for condominiums (on the left side) and townhomes/duplexes (on the right). 8-County Denver in blue, Colorado Springs in red, and Northern Colorado in green. Data is from 2002 to 2023, and as a reminder, when reviewing the zonda lot survey results on attached buildings: when a building begins construction, all of its units are counted as starts. For a duplex (+2), a townhome (+4 typically), and a condo (if 100 units, then all 100) - so it jumps the counts, particularly for condos when there is a large project. For condos, the fall from the 2005 peak was steep and even as market conditions improved there was minimal return of this new home product. The blue blips between 2015 and 2020 mostly represent some of the high-end luxury condos built during this time. Affordable units suffered the most. Compare that with the changes in townhome and duplex product. Yes, the steep decline came during the recession too, but then it was followed by a sharp rebound. And new historical peaks reached in Denver and Northern Colorado, with a fairly large return in Colorado Springs. With the lack of condominiums, townhome and duplex products became the de facto most affordable option. Single-family detached (not shown) also posted large rebounds though not to previous peaks. Only condominium construction remained/remains (mostly) dormant. Sadly, because the environment it faces here has chased most of its previous builders into other segments of development or out of the State of Colorado completely. Fix the environment, and it will grow again to help solve the bigger, complex problems of affordability. ~t #HousingAffordability #ColoradoHousing #housing #buildingconstruction #corealestate #newconstruction #buildcondos Ted Leighty Peter LiFari Homeownership Opportunity Alliance (Colorado) HBA of Metro Denver And thank you to Tim Sullivan and Zonda for the data information to continue this effort.

An effective landlord or property manager needs to think strategically about all the nuances of their local real estate market. The market changes, and we change with it, or we do not get the best results. While there are many tried and true solutions to expedite the rental process for your properties- new patterns can emerge that must should be implement if the property owners wants the highest and best use to come to fruition. In this article, we talk about ways to make your rental unit stand out so that you win. Please read the article and kindly let me know your thoughts in the comments! Enjoy! #BostonApartments #BostonRentalMarket #LandlordTips #RentalProperty #MutifamilyInvestments #NewConstruction #CompetitiveMarket #MostListings #MostKeys #MostApartments #MostRealTimeData #MostLeads #MostLandlords #BostonPads

Multifamily transaction volume has fallen to multi-year lows, levels comparable to the early pandemic days. Senior Commercial Real Estate Economist Xander Snyder investigates what types of buildings are trading now, and a possible trend toward urbanization. #FirstAmEcon #CommercialRealEstate #MultifamilyRealEstate

Multifamily transaction volume has fallen to multi-year lows, levels comparable to the early pandemic days. Senior Commercial Real Estate Economist Xander Snyder investigates what types of buildings are trading now, and a possible trend toward urbanization. #FirstAmEcon #CommercialRealEstate #MultifamilyRealEstate