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Showing posts from November, 2021

Five Seasonal Strategies to Keep Property Managers Sane

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The holidays mean one thing is on every property manager’s mind: managing the package delivery chaos. UPS estimated it delivered 800 million packages between Thanksgiving and Christmas 2018 and that number is sure to rise this year. For the week of December 2 alone this year, Package Concierge had over 716,000 package transactions - that’s a 42% increase from the week prior. As more and more Americans do their retail shopping online, multifamily properties will need solutions that can help manage the madness during the holidays and beyond. It is easy to feel overwhelmed by holiday package management, but with a little advanced planning and the addition of the ever-increasing available property technology, managers can face the busy season head-on. With the busiest shipping season of the year in full force, here are a few tips to help property managers prepare: 1. Supplement Staffing With fewer shipping days in the 2019 holiday season, be prepared to efficiently ha...

Implementing urban, regional planning law will curb economic losses, says Adelu

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Mr. Muyiwa Adelu is the new president of Association of Town Planning Consultants of Nigeria (ATOPCON). He spoke to VICTOR GBONEGUN on the urgency to review and implement urban, regional planning law of 2004 in states, as well as on issues relating to housing Industry experts recently urged a review and implementation of the Nigerian urban and regional planning law of 2004 and its domestication in states in line with the peculiarities of individual states. Do you think the review is necessary? What would be the benefits of domesticating the law in states?  The review is necessary because we are talking about 2004 till date, which is almost 20 years and a lot of things have changed in Nigeria. Definitely, the law has to change.  We need to give kudos to states like Lagos that have been on top of the matter; with so many laws and currently operating the 2015 law, with which we have a regulation of 2019. I know few other states have also followed suit like Osun, Edo and Ond...

Insecurity triggers demand for gated communities in Abuja, others

The recent surge in insecurity across major cities is inducing preference and demand for gated communities. The development has created opportunities to reduce vacancy rate and open up further investment opportunities to private developers in Lagos, Abuja, Onitsha, Ekiti, Kaduna, Ondo, Zamfara, Imo, Anambra, Lagos and other cities. Gated communities are residential housing estates with strictly controlled entrances for pedestrians, automobiles and often characterised by a closed perimeter of walls and fences. The structures usually consist, small residential streets and include various shared amenities that may include a park or other common area. For larger communities, it may be possible for residents to stay within the community for most daily activities. And homes in gated communities do tend to fetch higher sale prices than similar homes in nearby non-gated communities. The Guardian investigations revealed that living in outskirts have become security risk and force many resident...

The 15 Hottest Housing Markets Right Now

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The 15 Hottest Housing Markets Right Now | Realtor Magazine Internet Explorer does not currently support REALTOR® Magazine search. IE users, please download Firefox, Chrome, or Edge. As home buyers continue their searches in an active and competitive fall season, the nation’s top-performing markets in October are all affordable alternatives to their nearby big-city counterparts. Topping realtor.com®’s October list was Manchester, N.H., about an hour northwest of Boston. Homes in Manchester are selling in under 24 days—about 21 days faster than the overall housing market. Properties there are receiving about 2.8 times as many views on realtor.com®. “Affordability and strong local economies remain very much top-of-mind for today’s buyers,” says George Ratiu, manager of economic research at realtor.com®. “With home prices reaching record levels this year, many buyers are still finding themsel...

5 things to know when buying your next home

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If you’re an existing home owner looking to buy a new home, here’s some tips to help you avoid unexpected challenges that may arise.  We asked realestate.com.au readers to tell us what hurdles they encountered when buying a second (or third, or fourth… you get the picture) home. We then put your questions to a Westpac finance expert to help provide some expertise on financing and buying your next home. Allow us to demystify some of your burning questions: 1. Getting started In any project, starting out can be the biggest hurdle of all. According to Lali Wiratunga, financial expert at Westpac’s Davidson Institute, the first thing you need is a good understanding of your financial situation to figure out how much you could spend on your next property. How do you get that ballpark figure? Start a conversation with your lender. “A good place to start when thinking about your next home is to consider your financial position – how much equity have you ...