Tag: apartments

Apartment vacancies starting to fall?

At least one group of housing-industry entrepreneurs are feeling a bit of relief in this dismal economy: the owners and managers of apartment buildings in Chicago and the rest of the country. According to a new survey from Rent.com, a growing number of apartment property managers and owners are seeing lower vacancy rates in their... Read more »

Multi-family housing still hanging tough

Mike Jehle, Midwest regional director for Arbor Commercial Mortgage, a direct mortgage lender, didn’t hesitate when I asked him which real estate sector was the strongest these days. He told me it was multi-family, by just about any measure you could use to evaluate success. I didn’t doubt this. Everyone I talk to tells me... Read more »

That rent vs. buy question doesn't look so obvious anymore

During the height of the residential real estate boom I’d often write the rent-vs.-buy story. If you’ve read the real estate section of any newspaper in the last 10 years, you’ve undoubtedly stumbled across some version of this story: Does it make more financial sense to buy a home or rent an apartment? During the... Read more »
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