Articles About Residential
- Author:
- Matt Ward
- Posted:
- 07.08.2008
Want Affordable Housing? Here’s Where to Find It
Despite all the doom-and-gloom reports on the residential real estate market, there are some bright spots. In several markets, housing has become surprisingly affordable to families earning a median household income of $61,500. And there’s more good news. Mortgage rates are again nearing the record lows of a few years ago; and family incomes jumped […]
- Author:
- Tom Silva
- Posted:
- 05.01.2008
Foreign Investors Like Luxury
You know what they say about polls. Still, a recent one is an interesting temperature reading for the new economy. Overseas investors in United States real estate prefer retail versus office or industrial space right now, according to an issue of Commercial Property News. This is just one conclusion in a survey that examined […]
- Author:
- Tom Silva
- Posted:
- 04.24.2008
Condos Big and Tall
According to the April 1, 2008, issue of Commercial Property News, there are five prime reasons why developers should continue building condominiums and apartments. Why is this happening in the multi-family market considering the fast pace of single-family home foreclosures? Strong echo and baby boomer demand – 7 million echo boomers are starting their careers and […]
- Author:
- Tom Silva
- Posted:
- 03.21.2008
The Echo Boom Heard Loud and Clear
A recent report by Crain’s Real Estate Report (2/28/08) features a story about Schneider Logistics, an Evanston, IL-based company moving to downtown Chicago for one reason — the need to recruit young college graduates. According to Vice-president and General Manager Charles Craigmile, “it’s much better from a recruiting standpoint. Evanston is beautiful, but it’s tough […]