The U.S. saw job gains in February come in well above most economist’s expectations, signaling that the labor market could be emerging from both the COVID-19 pandemic shutdowns and the big chill of the winter months. About 379,000 jobs were added to employers’ payrolls in February, according to the Bureau of Labor Statistics (BLS). And while December’s job loss of -227,000 was revised down to -306,000, the modest gain of 49,000 in January was bumped up to 166,000, resulting in a net increase of 38,000 for those two months
As previously reported, the House and Senate have been working to craft COVID-19 relief legislation, based on the President’s “American Rescue Plan,” to be passed via the budget reconciliation process. Late last week, the House passed its version of the package. And after the Senate parliamentarian determined which provisions are eligible for inclusion within the strict Senate reconciliation rules, Senate Democrats are working to reach consensus on a package that can clear the chamber by an expected party-line vote
Experienced entrepreneur and CEO with a demonstrated history of working in the property management industry and local and state government. Strong business development professional skilled in the rental housing industry, legislative affairs, legal compliance and review, and residential property management. John is serving a third term in the NC House of Representatives. In his spare time he likes to fish, camp and travel with his family.
Video is by far the best way to engage with residents, and if you have the right virtual tour software, you’re halfway there! Whether you’re sending announcements, community updates or trying to engage with your residents, video is your best bet. Here are a few ideas of how to make a virtual tour video to engage with residents…
Via realpage.com – Rent change in Salt Lake City has nearly recovered to its pre-pandemic rate. In the year-ending January, Salt Lake City rents climbed 3%, the market’s strongest showing since the 3.5% growth from March 2020. Salt Lake City held out longer than most markets in the early months of the COVID-19 pandemic downturn, not showing a reaction in pricing until April…
Austin Walker joined Arbor’s New York City office in November 2015. In his current capacity as an Originator, Austin focuses on nationwide Fannie Mae, Freddie Mac, FHA, SFR Portfolios, CMBS, Bridge, Mezzanine and Preferred Equity transactions. Before joining Arbor, Austin worked at Wells Fargo as a Financial Advisor of private clients. Prior to that, he served as a Manager of Strategic Partnerships at Merisel, Inc. and a Business and Marketing Analyst at LGD Communications. Austin graduated from Johns Hopkins University of Maryland with a Bachelor of Arts in Political Science.
Growth states are calculated by the net gain of one-way U-Haul trucks entering a state versus leaving that state in a calendar year. Migration trends data is compiled from more than 2 million one-way U-Haul truck customer transactions that occur annually. Tennessee’s influx of do-it-yourself movers during a turbulent year marked by the coronavirus pandemic means that a state other than Florida and Texas tops the growth rankings for the first time since 2015, when North Carolina led the way
Via multifamilyinsiders.com – Multifamily remains one of the most appealing asset classes. Deals located in core-markets or strong growth secondary locations can expect interest rates in the low 300s over LIBOR range. Total coupons are hovering at all-time lows with leverage pushing into the 75%-80% of cost range…
Via reviewjournal.com – Striving to become a savvier real estate investor? Then understanding underwriting basics is a building block you can’t afford to skip. Every Trust Deed investment at Ignite Funding starts […]
Via mpamag.com – Fannie Mae reported today an annual net income of $11.8 billion, down by $2.4 billion in 2019. Fannie attributed the decrease to a transition from credit-related income to credit-related expenses […]