Blackstone Group s latest sale of bonds backed by rental homes found robust demand from investors, particularly the riskiest portions of the offering, as the market prepares for a new breed of the securities.
Source: www.nationalmortgagenews.com
A condo in Brickell City Centre can be bought for 20 percent down at the purchase contract, with an additional 15 percent due 120 days after signing.
Source: www.dailybusinessreview.com
There are cities out there with decent job growth and affordable housing. They’re not on either coast.
Source: blogs.wsj.com
U.S. apartment renters are increasingly choosing to stay put rather than move up to new apartments, move down to cheaper units or move out to buy homes. Apartment resident retention rates hit a decade-high in February 2015, continuing a five-year upward trend. Apartment lease renewal conversion hit a long-term high of 54.5% in February. Stated …
Housing’s becoming so expensive everywhere, that “inclusionary zoning” is now a mainstream media phrase.
Source: nextcity.org