Archive for the ‘Apartments’ Category

Explosion in the number of inexpensive vacation home and apartment rentals

With even modest hotels charging from $200 to $300 a room all over the world (and sometimes more), the smart traveler is frequently turning to the rental of lower-cost vacation homes or apartments.
We have learned that it is rather easy to find, say, a perfectly acceptable $139-a-night apartment in Manhattan to substitute for a Manhattan [...]

Sunday, April 27th, 2008 In Apartments Tags: , , , , , , , , , , , , , , , , , , , , ,

French housing official ordered to resign after scandal over low-rent apartment

A senior French public housing official was ordered to step down Thursday after a newspaper revealed that he was renting a Left Bank apartment provided by Paris City Hall at a quarter of the market rate.
Jean-Paul Bolufer resigned at the urging of Prime Minister Francois Fillon and Housing Minister Christine Boutin.
Le Canard Enchaine, a satirical [...]

Monday, December 24th, 2007 In Apartments, Real Estate Tags: , , , ,

Apartment sector ‘out of sync’

Apartment rents need to jump sharply or sales prices must plummet further before the market reaches a balance, says Dick Ayres, convener of the Auckland CBD Apartment Investment Group.
He said rents needed to rise before savvy investors could justify some of the prices being demanded by vendors.
Ayres was responding to an article in yesterday’s Business [...]

Tuesday, September 11th, 2007 In Apartments, Real Estate Tags: , , , , , , ,

National apartment vacancies dropping, San Diego’s are rising

The national and the local apartment vacancy rates, far apart in recent years, are much closer now.
Reis, Inc. (AMEX: WRP) a New York-based research firm, said the nation’s average apartment vacancy was 5.8 percent as of the end of the second quarter, down from 6 percent during the first three months of 2007 –reportedly the [...]

Sunday, July 8th, 2007 In Apartments, Real Estate Tags: , , , , , , , , , , , , , , , , , , , ,

Apartment rentals slow down dramatically

The pace of apartment rental in Dallas-Fort Worth has ground nearly to a halt this year.
And the dramatic slowdown in apartment demand in North Texas has left industry analysts scratching their heads.
“It’s pretty ugly,” said Greg Willett of apartment consultant M/PF YieldStar. The latest leasing numbers were released Thursday.
“Results for the second [...]

Sunday, July 8th, 2007 In Apartments, Real Estate Tags: , , , , , ,

A place to call home

It seemed like a great idea at the time: Rent a fabulous apartment and spend a week living like a Parisian.
First of all, look at all the money we would save with four of us staying in an apartment instead of pricey hotels, then doing our own cooking to avoid expensive restaurants and cafés where [...]

Sunday, July 8th, 2007 In Apartments, Real Estate Tags: , , , , , , , , , , , , , , , , , , , , , , ,

Is there room for rooming houses?

A room with a view of downtown, neighbors from all walks of life, all for $80 per week.
That’s a description of Waukesha’s rooming houses that adds up to the perfect place to call home for some of the down-and-out people of the city.
But for city and business officials concerned about the future of Waukesha’s [...]

Sunday, July 8th, 2007 In Apartments, Real Estate Tags: , , , , ,

Judge Approves Class In Apartment Suit

A judge has granted part of a request for class action in a lawsuit involving a Springdale apartment complex.
The Springdale Ridge Apartments were evacuated after carbon monoxide was detected in August 2004.
Washington County Circuit Judge Mary Ann Gunn ruled Wednesday a class consisting of former residents seeking rent refunds and punitive damages from owners and [...]

Sunday, July 8th, 2007 In Apartments, Real Estate Tags: , , , , , , , , ,

Rent stabilized tenants face increase

If you live in a rent stabilized apartment in New York City, get ready to pay more for your pad.
As usual, tempers flared over the Rent Guidelines Board’s decision which impacts more than a million people.
Eyewitness News reporter Lucy Yang has the story.
Maxine Zeifman is not like her Upper East Side neighbors. She does not [...]

Wednesday, June 27th, 2007 In Apartments, Real Estate Tags: , , , ,

A Security System for Renters

For most Americans, moving out of Mom and Dad’s house means moving into a rental unit of their own. Not only is an apartment the home of choice for young adults leaving the nest, statistics show an increasing number of Americans are opting to rent as a permanent housing arrangement.
In 2004, more than 36 million [...]

Wednesday, June 27th, 2007 In Apartments, Condo Tags: , , , , ,

City seeks calm rent hike meeting

The Rent Guidelines Board is taking precautions to keep Tuesday’s vote on rent increases from becoming as disorderly as last year’s, when tenant representatives showed up armed with drums, whistles, air horns and profanity-laden signs.
Last year’s chaos forced the delay of a decision for two and a half hours and objections were later raised that [...]

Wednesday, June 27th, 2007 In Apartments Tags: , , , , , , , ,

Homeowners seem to view renting in a better light than they have in the past, according to a recent survey commissioned by the National Apartment Association.

Sixty-five percent of those surveyed said that given the current state of the real estate market there are advantages to renting as opposed to owning. Twenty-five percent said that having no susceptibility to foreclosure was a reason to rent, 23% said not having to worry about fluctuating interest rates was a perk and 23% also [...]

Saturday, June 9th, 2007 In Apartments Tags: , , , , ,