Even though the COVID-19 pandemic has impacted the economy in many ways, the National Multifamily Housing Council reports that as of May 6th, 80% of apartment households had paid their rent. This may still be 1.5% less than May 2019, but it is over a 2% increase from April 6th, 2020. [CONTINUE READING] The NMHC [...]
We have all heard the phrase “live in the present and forget about the past,” but rarely do we hear the opposite of that. Currently we are in a challenging situation in regard to managing our properties and are being forced to do things in unfamiliar ways. Social distancing has changed the way we show [...]
Due to the Coronavirus, the cities that have grown in population due to their amenities, entertainment, job availability and more are experiencing a halt in all of these things because of government shutdowns. As a result, people are becoming more aware of the risks of living in high density areas and have begun to inquire [...]
Guest Author: Dianna Jackman - VP/Escrow Operations Manager | Chicago Title – Maricopa County Have you heard that people are now starting to buy a property with Cryptocurrency? I have, but the truth is somewhere in between the rumors and the reality. There have been many conversations around cryptocurrency and blockchain. To be clear, these [...]
January U.S. Overall Delinquency and Foreclosure Rates Lowest in At Least 20 Years The nation’s overall delinquency rate was 4 percent. No state logged an annual gain in its serious delinquency or foreclosure rate; only North Dakota posted a gain in the overall delinquency rate. In January 2019, 4 percent of home mortgages were in [...]
Milk distributor plans $200 million Goodyear plant By Corina Vanek – Reporter, Phoenix Business Journal Milk distributor Fairlife LLC plans to build a 300,000-square-foot distribution facility in Goodyear, and expects to be fully operational by the second half of 2020. The facility, which is estimated to cost over $200 million, will be located at Cotton [...]