Archive for Investment News
3-4 Unit Income Property Stats For Greater Phoenix 2010
Over the last year there have been quite a few changes in the small multifamily market. It’s also interesting that the bottom, seemingly, per unit was hit around the same time as the single family home market: April/May 2009.
While the average price per unit gone up much, it does look as if the price is [...]
Downward Pressure on Current Rents
There are a lot of pressures on rents our there, but little in terms of help for current owners.
It’s simply supply and demand, but also the quality of the supply and the tenants perceptions that govern the rental market.
Drive almost any area in the valley and you’ll see lots of discounts [...]
From High Returns to Moving Neighbors to a Lack of Properties.
The Phoenix real estate market seems, to many, to be a bargain basement store where the owners of the store have no sense or are giving things away. It’s not. And, that is what cover in the article, 15% Return Cash on Cash On Phoenix Real Estate. High returns are possible, but [...]
Multifamily Comeback In 2011?
The CCIM Institute’s magazine, “Commercial Investment Real Estate” reports the following:
“The strongest net effective rent gains in history may occur between 2011 and 2015 as 75 million echo boomers finally can afford to strike out on their own, says RREEF Research. This pent-up demand along with a below-average supply, limited by financing constraints and fewer [...]
The Current and Coming Window of Opportunity for Multifamily Investors.
Investors in small multifamily properties, 2-4 units, have a window of opportunity now and for at lease another 6-12 months. Prices are very attractive and there are many options where cash flow can be substantial.
What is difficult is financing. You need that 20-25% down plus healthy reserves and very solid credit, plus not more then [...]
Multifamily To Recover Faster From Current Downturn.
Some news purporting the strength of multifamily in the next phase of the cycle.
Housing experts predict that multi-family rental properties and apartments will recover fastest from the current downturn, followed by housing in cities that didn’t overbuild.
The market is likely to hit bottom in the next few months, says Bernard Markstein, senior economist and [...]
Real Estate Investment Articles From Phoenix Market Trends
Some find it odd that we post real estate investment articles at both Phoenix Market Trends and Arizona Apartment Investor. There is a reason for our madness. Phoenix Market Trends focuses on mostly owner occupied home owners or would be owners. While sometimes we have investment articles but, they are related to condos or single [...]
Cheap Homes And Accessible Loans Means There Is Additional Pressure On Apartment Owners.
A bad home market like we have now is usually a good market for apartment owners so it’s no wonder:
"Organizations representing the rental side of the real estate market are lobbying against proposals for home buyer assistance.
The National Multi Housing Council (NMHC) and the National Apartment Association (NAA) both oppose proposals for a federally financed [...]
Commercial Markets Eroded By Current Economy But Multifamily Is Fairly Positive
Below is a report put out by the NAR about the current commercial real estate markets. It’s not surpriseing news. The information is on a national level but translates well, overall, to the Greater Phoenix commercial real estate market. At the bottom is a multifamily national outlook.
"The disruption in the capital markets means many commercial [...]
Where have all the tenants gone? Vacancy Rates in Greater Phoenix
The Phoenix Business Journal (9/26/08) has an overview of the apartment building vacancy rates. I’ll add my thoughts to this relating to smaller multifamily buildings.
Reasonably when the market for homes goes down in sales and demand there is increased demand for rentals, both homes and apartments, "We were initially surprised to discover that what was [...]
