Source:
Deaton Investment Real Estate & The Wake County Apartment Association
Tuesday, December 30, 2008
Need some inspiration?
Need some fresh ideas for operating and marketing your properties? Want to recapture some of the passion for your career? You may want to consider registering for Toni Blake's upcoming presentation on January 20, 2009, with dinner sponsored by the Triangle Apartment Association. Toni Blake is an international speaker, author and comedienne. Having invested more than 28 years of her life in multifamily housing, she tours over 50 cities each year inspiring thousands of industry professionals. This promises to be an exciting, entertaining and rejuvenating event.
Friday, December 12, 2008
"Good Year" will be a relative term in 2009
The December issue of Multi-Housing News features a ranking of metro areas with the best apartment market conditions as we limp into 2009. At number six on the list is Raleigh, behind Washington, D.C., Denver, Minneapolis, Fort Worth and San Francisco. The statistics, provided by M/PF Yieldstar, are not predicting a banner year in the Triangle, but they suggest that Raleigh is an area that will weather the economic storm better than most. "Flat is pretty darn good this year-that can put a metro area in the top tier of all U.S. markets," according to Greg Willet of the Yieldstar research firm. Despite job losses and a growing shadow market, vacancies in the Triangle are expected to increase by less than one percent.
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