It’s a known fact that there is a need for apartments in large cities where they are overflowing with people. However, many investors are winning big by investing in small towns. According to some multifamily investment experts, apartment properties in small towns can earn superior yields. There is also a growing need for multifamily property smaller…
Chattanooga Credited for Its Sizzling Apartment Market In the midst of a housing market downturn, homeowners are opting to go with rental options over home ownership. With its growing employment base, Chattanooga’s apartment market is one of the strongest in the Southeast. A study by real estate services firm Rock Apartment Advisers confirms that occupancy…
Rental Housing Affordability Expected to increase Renters of 5 or more units account for 15 million in U.S. households and according to a Fannie Mae executive, that number is expected to grow. The reasons that are driving the increase in rental housing affordability include demographic trends, household formations, now higher credit standards for mortgages and…
What is more important: Price or Terms? Due to the costs involved in real estate, contract negotiations are a very important part of the real estate process for both the buyer and the seller. Before signing any real estate agreement both parties should fully understand exactly what it is they are agreeing to. The price…
Do I need to get pre-approved before I start looking for property? In today’s market, the strength of the buyer can have a huge impact on the negotiation process. There are three possible steps involved in applying for a property loan and it is important that buyers understand the terminology in order to make the…
Commercial Real Estate- Good Value For the Money In the last three years, 63 companies have announced plans to open a new facility or expand a local facility. These projects are expected to generate over 4,600 jobs. With this growth, demand for industrial, office and retail space is expected to increase, while the cost to…
If I want to sell my property fast do I need to be 10% or 20% under market value The market value of a property is the price at which a piece of property is predicted to sell within a reasonable amount of time. A reasonable amount of time can mean one to three months….