Industry News: Apartment Market Expansion Continues as Growth Rate Moderates

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“Even after nearly three years of recovery, apartment markets around the country remain strong as more report tightening conditions than not…”

WASHINGTON, D.C.—Apartment markets improved across all areas for the seventh quarter in a row, but the pace of improvement moderated according to the National Multi Housing Council’s (NMHC) Quarterly Survey of Apartment Market Conditions. The survey’s indexes measuring Market Tightness (56), Sales Volume (51), Equity Financing (56) and Debt Financing (65) all measured at 50 or higher, indicating growth from the previous quarter.

Doing More with Less

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5 Tips for Facing the Unrelenting Challenge

By Nick Frantz

“We need to do more with less.” At work, at home, in our communities… the mandate is unrelenting. It’s a challenge; but it’s also a reality. So let’s approach it with a positive mind set. After all, doing more with less means becoming more efficient.

Identifying Human Trafficking

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How Property Managers and Multi-Family Employees Can Help Identify Human Trafficking

By: Elizabeth Whited

To be honest, have you ever considered your role in your community when it comes to helping to uncover and end human trafficking? I had to ask myself the same question, because until I began working for my company, I was unaware of the extent of this issue, and how professionals in the Real Estate Industry have the ability to change it.

Apple Newsstand App Release Announcement

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Apartment Management Magazine Premieres Apple Newsstand Apps for Monthly Magazines

Apartment News Publications, Inc collaborates with Bluepaper LLC to develop free Apps for Apple Mobile devices!

HUNTINGTON BEACH, CA – November 6, 2012 – Apartment News Publications, Inc. has announced the release of the publication’s first free iPhone & iPad applications.  Monthly readers, consisting of Multi-Family & Commercial Property Owners and Managers, will now have the ability to access magazine articles, service vendor contact information, as well as have immediate access to web based features within the app through a WiFi or 3G cellular connection or better.

‘It’s a Mold Problem, Trust Me…’ Really?!?!

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By: Jason Harris

This article is an in depth exploration of the concepts “Test Only” and “Conflict of Interest” in the mold services industry.

Test Only

Property Managers need to perform a certain amount of due diligence when investigating the frequent occurrence of tenants who complain about mold.  Sometimes there is a problem, other times there is not. A test only company will perform an inspection of the unit, collect moisture readings, and collect samples to confirm or rule out a mold problem. A certified mold inspector will usually tell you if there is no problem.  A full service mold removal (Test and Remove) company will usually tell you there definitely is a problem.

Getting Up to Speed with California’s PACE Program

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By: Rachel Parker

The solar industry has seen an influx of changes in recent years. Being such a new industry—and a technology very recently seen wider adoption by consumers—its dynamics will continue to fluctuate as more and more property owners embrace and invest in the value of owning their own electricity. At the end of the day, while most news outlets, analysts, advocacy groups and even solar companies tout the benefits of solar from the renewable energy perspective, the real hidden benefit of solar is its cost savings. This is especially true in regions, like the West, where see some of the highest utility rates in the country.

Rent Sense: Be Safe

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By Neil Fjellestad and Chris De Marco

We want to feel safe where we live. Therefore we naturally inquire when we visit a potential rental home, condo or apartment, “How safe is it here?” What seems unnatural is when the answer to this inquiry is less than straightforward and even seems evasive. It can sound like there’s some awful secret that no one wants to reveal.

Industry News: Apartment Market Hot Steak Continues

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Despite Lack of Capital, Survey Finds 18 months of Uninterrupted Growth

For the sixth quarter in a row, the apartment industry improved across all indexes in the National Multi Housing Council’s (NMHC) Quarterly Survey of Apartment Market Conditions. The survey’s indexes measuring Market Tightness (76), Sales Volume (54), Equity Financing (58) and Debt Financing (77) all measured at 50 or higher, indicating growth from the previous quarter.

“The apartment sector’s strength continues unabated,” said NMHC Chief Economist Mark Obrinsky. “Even as new construction ramps up, higher demand for apartment residences still outstrips new supply with no letup in sight. Despite the need for new apartments, acquisition and construction finance remains constrained in all but the best properties in the top markets.”

Connecting Your Community with Wi-Fi

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By Timothy Phillips – Aletho Wireless Solutions

As a property manager, you are a business, and tenants are your customers! Although the term isn’t commonly used, the meaning is true. Your job, of course, is to keep your customers happy so they don’t move out. You have other customers too, of course – the property owner – and although there is sometimes a push and pull between the needs of the two, the end goals are really aligned: happy tenants who stay!

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