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The 544-unit Alexan CityView, the largest LEED for Homes multifamily community in the country, is officially open with the recent move-in of the first residents of the luxury rental community, according to Richard Murphy, managing director of Trammel Crow Residential (TCR), developer of the property. Alexan CityView, offering studio to three bedroom units, is situated on 297 acres on the Peninsula at Bayonne Harbor at 302 Constitution Avenue in Bayonne, New Jersey.
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A lot of times people ask columnist Brian Hilliard what they can do to be a better salesperson and more effectively grow their business. Today he shares something each agent can do right now to have a significant impact on their business.
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A reserve study identifies a homeowner association's future repairs and replacements like a snapshot in time. Imagine that you could picture the buildings and grounds as they would be in five, ten, even thirty years. A reserve study acts just like that by estimating the useful life of the common elements and the cost to replace them in the future based on current cost adjusted by inflation.
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On May 20 President Obama signed into law the Helping Families Save Their Homes Act. Understandably, primary attention has been paid to the Act's provisions that are designed to help distressed homeowners avoid foreclosure. But the Act has other beneficiaries as well. One group that will receive particular assistance from this new law is those people who -- often in good faith -- are renting a property that goes into foreclosure.
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When even the Case-Shiller index, which ranks as the gloomiest of all the measures of house price movements, starts reporting gains then you know something is stirring out there in real estate.
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The median age of Canadians who own second homes is 50. As the baby boomers age and begin to sell their recreational properties, is the next generation of buyers ready to buy those cottages and chalets?
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