Ten-X’s Post

👉 Join Adriano, Founder & CEO of RexMont Real Estate, and Kelly Hanson, host of New Day NW on King 5. They'll unravel the complexities of Tenancy in Common (TIC), a concept that's becoming increasingly favored as a creative response to Seattle's challenging housing affordability issues. 👉 In this deep-dive discussion, they'll weigh the advantages and drawbacks of TIC arrangements, highlighting why more and more Seattle residents are considering this approach in the city's dynamic real estate landscape. To Watch the Full Video Click link in first comment 🎥 #seattlerealestate #seattlehomes #realestate #realestate2024 #sellingseattlehomes

LOS ANGELES NEWS! 📰📰📰 Once a modest middle-class haven, Beverlywood has transformed into Los Angeles' most coveted neighborhood, with 3-bedroom homes that were $200,000 a decade ago now fetching upwards of $3 million. Nestled just south of Beverly Hills, this suburb is seeing an unprecedented real estate boom, driven by high demand from young families and professionals in finance, tech, and medicine. ~ With home prices soaring and inventory tight, buying into Beverlywood has become a competitive affair. #Beverlywood #RealEstateBoom #LuxuryLiving #HomeTrends

Austin apartment doesn't seem to be letting up! Over the first half of the year, Austin has already achieved an absorption of over 8,500 apartment units, putting the Live Music Capital of the World on track for it's second-highest annual absorption rate in the market's history. Households moving to the suburbs looking for less expensive housing and ample job options account for a significant amount of this growth, with renters increasingly settling in the suburbs of Georgetown, Round Rock and Kyle, all within a roughly 30-minute drive of Austin's central business district. Also notable is the strength of leasing that has been seen for apartments at higher price-points within the four- and five-star rated properties. So far this year, four- and five-star units made up 7,400 of the absorbed units, while the mid- to low- priced units made up the other approximately 1,100 absorbed. #AustinTexas #InvestmentStrategies #CREInvestments #Apartments #Housing #ApartmentsDemand

Is your market prepared to absorb an influx of new apartments? We compared each metro’s 2023 supply growth against our annual Burns Apartment Rent Index™, which tracks apartment asking rent growth. A handful of metros outpaced average national rent growth, even as their apartment supply grew faster than the country as a whole. - #Charleston, South Carolina, was one of the most resilient apartment markets facing heavy new deliveries. - #Columbus, Ohio, was another outperformer. - #Denver and #Minneapolis posted rent growth of around +1% in 2023, while apartment supply grew by about +3% over the same period. Continue learning how to ride the apartment supply wave here: https://lnkd.in/eaeyfDJK #jbrec

🏙️ Dallas-Fort Worth Apartment Demand Soars Above U.S. Average! 📈 From 2017 to 2024, DFW's apartment demand has consistently surpassed the national trend. Peaking at nearly 6% in 2021 and rebounding strongly in 2024, the market shows remarkable resilience and strength. #DallasRealEstate #DFWApartments #MarketTrends #RealEstateInvesting #UrbanLiving #DFWGrowth #HousingMarket #ApartmentDemand #PropertyInvestment #CityLiving #DallasFortWorth

Charlotte and Raleigh regularly rank among the fastest-growing metros in the country. Their apartment markets are no exception. In fact, North Carolina's two largest metros are seeing the third and fourth largest apartment inventory expansions in the country as a percentage of existing inventory. Roughly 50,000 units are underway in both markets combined. The supply wave has led to declining asking rents in both markets, even as demand recovered in the first three quarters of 2023 after negative absorption in the fourth quarter of last year. This trend is likely to persist for the next several quarters. However, new groundbreakings have slowed considerably and construction starts were down by nearly 50% in the first half of 2023. That will mean fewer apartment openings two years from now, leading to a tighter market by late 2025 and early 2026. CoStar Group colleague Nick Leverett and I dug into the details in this article, available to Costar subscribers.

💡✨ Before buying a home, it's crucial to ask the right questions to ensure you make an informed decision. Here are some important questions to consider: - What is the property's history? - What is the neighborhood like? - What schools are in the area, and how are they rated? - What are the ages of the roof, and major systems? #realestate #realestateagent #kristinemcgee #cleveland #clevelandrealtors #luxuryhomes

Thrilled to share some highlights from yesterday's H-Town Day with HAR.com. It was a gathering that brought together Houston’s leadership, including our mayor and county officials, to talk about the city's future, economic development, and public safety. The insights shared were not just eye-opening but also incredibly relevant to all of us who call Houston home. What struck me most were the discussions around new developments, economic growth and the strategic plans to enhance our city's safety. For my clients, whether you're selling, buying, or just keeping an eye on the market, these developments spell opportunity and security. Here's how: 1. Economic Growth: Houston's continued economic expansion means more jobs, better infrastructure, and ultimately, a stronger real estate market. 2. Public Safety Initiatives: The emphasis on improving safety across Houston makes our community even more desirable. For families looking to find their next home, this is reassuring news. For sellers, it's a compelling point to highlight. 3. For Sellers: The discussion around new developments can increase interest in surrounding areas, potentially boosting the value of your property. It’s an great time to consider how your home fits into this evolving landscape. 4. For Buyers: The promise of new constructions offers more options for your dream home, equipped with modern amenities and designed with contemporary living in mind. If you’ve been thinking about purchasing new construction, the coming developments are a promising sign of what’s to come. Reconnecting with other Realtor Volunteers and City/County Officials reminded me of the power of our community. It's our commitment to making Houston a better place that drives Houston and the surrounding areas forward. To my clients and future clients, know that understanding these trends and leveraging them in your real estate journey is where I can add value to your real estate goals. Whether you're considering selling your home to move up to your dream house or looking to invest in new construction, let’s discuss how these city developments can work in your favor. - Call/text me: 713-835-2928 - Home value estimates: https://hmbt.co/UYTkNj #HoustonRealEstate #HTownDay #EconomicGrowth #PublicSafety #RealEstateTrends #NewConstructionHouston #houstonrealestateagent

Austin apartment doesn't seem to be letting up! Over the first half of the year, Austin has already achieved an absorption of over 8,500 apartment units, putting the Live Music Capital of the World on track for it's second-highest annual absorption rate in the market's history. Households moving to the suburbs looking for less expensive housing and ample job options account for a significant amount of this growth, with renters increasingly settling in the suburbs of Georgetown, Round Rock and Kyle, all within a roughly 30-minute drive of Austin's central business district. Also notable is the strength of leasing that has been seen for apartments at higher price-points within the four- and five-star rated properties. So far this year, four- and five-star units made up 7,400 of the absorbed units, while the mid- to low- priced units made up the other approximately 1,100 absorbed. #AustinTexas #InvestmentStrategies #CREInvestments #Apartments #Housing #ApartmentsDemand

What do Huntsville, Colorado Springs, Sioux Falls, Port St. Lucie, Lakeland, Fort Myers, Provo, Boise, Asheville, Charleston, Savannah, Myrtle Beach and Pensacola have in common? Incredible apartment supply, that's what. RealPage, Inc. Chief Economist Jay Parsons tackles the apartment supply topic in a new way: by examining how each market's supply peak in this cycle compares to its previous peaks over the last 20+ years. https://lnkd.in/gXSKMeU5 #apartments #multifamily