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Apartment rent and occupancy hit record highs in November
A “For Rent” sign posted in front of an apartment building on June 02, 2021 in San Francisco, California. Justin Sullivan | Getty Images Apartment rent growth and occupancy set new records in November, yet another sign that the nation’s housing market isn’t following seasonal patterns this year. Rent growth and occupancy usually cool heading into winter. Apartment occupancy hit a new high of 97.5{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} in November, according to RealPage, a real estate technology platform. The rate is up roughly 250 basis points from the long-term norm of about 95{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} going back over the past three decades. The annual increase in asking rents for new move-in leases hit 13.9{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} in…
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Luxury Portfolio International Releases State of Luxury
Number of Luxury Real Estate Sellers Increases Globally; Some Buyers Expressing FOMO (Strong Fear of Missing Out); Sustainability ‘Critically Important’ Among Affluent Buyers Worldwide Latest Report Comprises Data from Top 1-5{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} Bracket Surveyed Across 20 Countries, Representing an Affluent Population of Almost 32 Million Households NEW YORK, Dec. 01, 2021 (GLOBE NEWSWIRE) — Luxury Portfolio International® (LPI), the world’s premier network of luxury residential real estate brokerages, is pleased to share the results of its 2022 State of Luxury Real Estate Report (SOLRE). The study comprises data from individuals in the top 1{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} to 5{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} income bracket across 20 countries, and touches on a broad range of topics crucial to the global…
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Northwestern Mutual: 5 Tips for Buying a First Investment Property
NEW YORK, Dec. 06, 2021 (GLOBE NEWSWIRE) — Real estate investing can be a smart financial move to diversify a financial portfolio. But buying a first investment property can be challenging, and there are many financial implications to consider beyond just how much the property will cost. That’s where these five tips for buying a first investment property come in to help make the process seamless. 1. Keep Your Debt Manageable It’s normal to take on debt when purchasing a first investment property, but new investors will want to make sure their existing debt is under control before making the commitment. Having too much outstanding debt can make it harder to qualify for a mortgage, and you don’t want to take on loans that you’ll…
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Show off your holiday spirit with decoration contest | Community
Do you get into the holiday spirit and go all out decorating your house? If so, and you live in the city of Long Lake, why not try to win a prize for your holiday spirit? The city of Long Lake is having a Long Lake Christmas Home Decorating Contest for residents. The event was last held in 2018. The Long Lake Garden Club and City of Long Lake are sponsoring the event and the deadline for submitting entries is Wednesday, Dec. 15 at 3 p.m. To enter (City of Long Lake residents only), and for contest rules, go to the city’s website at longlakemn.gov and click on the links…
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Watch your garden’s water needs as warm, dry conditions settle in
Warm, warm, warm, dry, dry. This is our second La Nina year in a row, which means this warm, dry weather will continue at least through early spring. Normally, we’d turn the irrigation off now, but unfortunately, not this year. Irrigation Here’s the dilemma: The warm, dry weather means we need to water more often than in a “normal” year. Drought means there’s less water available. What to do? Switch to inline drip irrigation. Inline drip is basically long flexible tubing with emitters embedded inside the lines. Lay it out in a grid on the surface of every garden bed so each bed gets wetted evenly and water penetrates down…
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45 popular home improvements people are making for under $40 on Amazon
You don’t have to knock down the walls or get all-new furniture to make a dramatic change to your home. The smallest shifts, even something as simple as upgrading your pillows, can make a huge difference in how you use and perceive your space. And the even better thing is that it doesn’t have to cost you an arm and a leg. Some of the most popular (and easiest) home improvement endeavors will set you back less than a dinner out. Whether you’re looking to breathe new life into an overlooked area of your home, extend the life of your belongings, or add functionality to everyday objects, you’re in the…
