Posted on 16 Apr 2013 at 4:55pm

For the first time in seven years housing starts have reached an annualized rate of one million units. We have been, on average, 400,000 under the necessary level to match population growth for most of this time... that's a lot of catching up to do. New home builders are reporting many of their customers have given up on buying an existing home based on the recent low inventory. This divergence will take a few years to re-balance...

The Death of Oil (Again) and Housing Choice

Posted on 13 May 2013 at 9:44am

What does oil have to do with multifamily? Oil affects housing choice. People, particularly renters, will relocate closer to job centers as the costs of commuting rises.

Five Low Tech Business Gadgets That Work

Posted on 6 May 2013 at 11:49pm

Going "low tech" in business? In an era where "apps" response times are measured in Nano-seconds what chance does a low tech gadget have in this environment to promote your business?

Multifamily Acquisitions: Quality, Speed or Price. Pick Any Two

Posted on 30 Apr 2013 at 10:20am

In multifamily acquisitions once a strike price is reached the clock starts ticking on the due diligence phase. When it comes to the choice of "pick any two" my advice is to avoid this perspective to the best of your ability.