by Phyllis Rockower | Jul 3, 2014 | Uncategorized
Vacancy rates are at an amazing rate of 3% The average price for an apartment in Los Angeles County hit $1,471 in the second quarter. In Orange County it reached $1,611. That’s an increase in both places The problem is that without stronger job and income...
by Phyllis Rockower | Jul 3, 2014 | Uncategorized
It’s a buyers’ market but the sellers don’t seem to know that. The market is good but not frenzied like last year. Slowdown has been happening since last year, and this month is no exception. May is a big month for the key spring real estate season. Sellers,...
by Phyllis Rockower | Jun 26, 2014 | Uncategorized
I am writing this because so many of my students seem to want to do things by the seat of their pants and that is not how real estate life works. I hate to throw cold water on their excitement but it’s my job to keep...
by Phyllis Rockower | Jun 25, 2014 | Uncategorized
Asian investors are looking to buy commercial real estate in the U.S. This is taken from an article in the wall street journal. It’s only natural to assume they will start looking to us for better yields. “Commercial real-estate yields in Asia are the...
by Phyllis Rockower | Jun 21, 2014 | Uncategorized
Maybe you should consider holding instead of flipping, National apartment occupancy in May soared to the highest level in at least six years, according to Axiometrics, an apartment data and research company. Ninety-five percent of all units are filled, even as...