Apartment Renters Still Want Their Luxury – Getting Your Piece of the Market

Headquartered in Atlanta, GA, Post Properties, Inc., founded 40 years ago, is one of the largest developers and operators of upscale multifamily communities in the United States. Post Apartment Homes® focuses on providing resort-style garden apartments and high-density urban apartments with an emphasis on resident service and a strong brand identification.

While you probably might not want to get involved in apartment investment, recent reports from Post Properties can definitely get a little adrenaline pumping about upscale single family home rentals. They state that, despite the current economic downturn, their customers’ expectations and desires for luxury living haven’t changed.

Rules Changes May Shut Out More Future Home Buyers

A bevy of federal regulators and agencies are actively proposing new lending and mortgage qualification rules. Just as enthusiastic as they are about bringing these new rules online to avoid another mortgage and housing crisis are the members of an unlikely coalition of mortgage lenders, housing industry officials, and lawmakers who oppose stringent new rules.

First one!

Ok, we finally had an offer accepted. Today I have to send out an email to our buyers and hopefully someone will take us up on it. I'm not sure what I am supposed to say and not say. Anyone have tips?

I'm thinking I need to say the comps say it will sell at 240,000 ARV. It's in a bay town and is 5 minutes from the water and the marina's. It needs roughly $10,000 in work. New carpets, some landscaping and the deck on the back needs to be fixed. It's a 3 bed/1 bath with a basement that can be finished and a oversized 1 car garage.

If I figured it out right, our cash buyer could profit at least $15,000.00

Does that sound good??

Deal #1 - Finally!

Today bank signed contract for offer I put in a couple of weeks ago-out of state!! Never been to Ohio, but I like it already Eye-wink

Will close in a few weeks- yahoo!!!!

Thank you Dean and Everyone here who has encouraged me and given me advice-especially my buddies at 5th St and Keith.

Wishing Everyone Success!

Valerie

New DG Badge Idea?

While developing the new DG site, we are looking for new ideas for DG badges. If you have a great badge idea for the site, please share below!

Thanks,
Jeremy

Is It the Time for More Lease-Purchase Deals?

Articles everywhere are very clear about the many market factors that are coming together to reduce the ability of millions to buy a home. Fewer buyers obviously mean more renters. However, not all of them want to be renters. It’s just as clear that the majority of Americans still believe that home ownership is best for them. This is true, even if they don’t think now is the time, or they are locked out of the market for credit score or down payment shortage reasons.

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