Apartment Market Slumps as Supply Surges

Apartment landlords across the U.S. struggled through a tough first quarter as a slowdown in the rental market grew worse.

Rents in the first quarter declined or were flat in 28 of the 79 metropolitan areas covered by Reis Inc., including New York, Portland, Denver, Boston, Los Angeles and Washington, D.C. That was up from 14 markets with lower or flat rents in the fourth quarter.

Average rents nationwide, meanwhile, increased 3.1% in the first quarter compared with a year earlier, down from the more than 5% growth they posted a year ago, according to Reis.

Apartment occupancy declined to 94.5% from 95.1% at the end of the third quarter as supply increased, according to separate data from apartment tracker Axiometrics Inc. released Thursday. Across the U.S., apartment developers delivered 100,000 more new units than were leased in the quarter.

“We didn’t get a lot of demand and at the same time we

... read more at: http://www.realtor.com/news/real-estate-news/apartment-market-slumps-supply-surges/

Say Goodbye to the Third Eye During the Portland Head Shop’s Final Blowout

thirdeyeshoppe.jpgWhen I moved to Portland in 1989, I knew exactly three people, I thought Satyricon was both cool and scary (right on both counts), and I had no weed connection. I did have a friend who was Fed Exing me weed from California along with the sage advice that I should find a good head shop and do what many twentysomething single men with no girlfriend or game do—smoke copious amounts of cannabis.

The first time I walked into SE Hawthorne’s Third Eye Shoppe, I spent well over an hour looking at the walls of pipes, bongs, and assorted glassware that would soon consume a sizable portion of my meager weekly paycheck.

I

... read more at: http://www.portlandmercury.com/blogtown/2017/03/24/18906901/say-goodbye-to-the-third-eye-during-the-portland-head-shops-final-blowout

Why some people are fleeing Southern California



Longtime Irvine resident Helen Tornquist is calling Big D home now after volunteering for a transfer to north Texas.

Her kids moved out. Her marriage is over. And she had planned to retire out of state anyway because California is just too expensive. Last year, she sold her four-bedroom home of 13 years and moved to the Dallas area, where she manages a customer call center.

“I reached out to my boss and said, ‘I am available to go to a new location. Where do you want me to go?’” said Tornquist, 57, a graduate of both UC Irvine and Cal State Fullerton. “California

... read more at: http://www.sbsun.com/social-affairs/20170313/why-some-people-are-fleeing-southern-california

Prevacid 30mg – Prilosec or prevacid for gerd – How long does it take for prevacid to work in adults

Lay evangelist team to speak at Men’s Conference Tony Brandt and Chris Stewart, the two leaders of Casting Nets Ministries, a nonprofit lay apostolate, will speak at the 17th Annual Worcester Diocesan Catholic Men’s Conference, scheduled for Saturday, April 1, at Assumption College. The title of their talk is “Sharing the Faith with the Seven […]

... read more at: http://www.catholicfreepress.org/?atx=14899685507881900

With 25 new retailers, expectations are rising in Downtown Boise

The Miller sisters are quintessential Boise boomerangers: They grew up in West Boise and attended Boise State University, moved to the West Coast and returned as adults with flush résumés, ready to make a mark in their hometown.

Kelsey Miller had been working for Lyft in San Francisco, and Megan Miller worked at a women’s boutique in Portland, when they heard that longtime women’s clothing store Barbara Barbara was closing. The shop’s Downtown Boise location was too tempting to pass up.

“Moving back and opening this store was something we had always talked about and finally decided to make happen,” Kelsey Miller told the Statesman a year ago, when the siblings opened Shift Boutique at 807 W. Bannock St.

The sisters, now in their early 30s, doubled down on that dream a few weeks ago. They opened Shift’s brother store — men’s clothing store Keystone Station — just down the

... read more at: http://www.idahostatesman.com/news/business/article138275588.html

Vancouver Waterfront developer: Hundreds have inquired about condos

Though it is little more than a construction yard near the Columbia River right now, the Vancouver Waterfront is already dredging up interest.

More than 900 people have inquired about upcoming condominiums at the site, according to Barry Cain, whose company Gramor Development is leading the project.

The Tualatin, Ore.-based construction firm set up a website last year showcasing the project and its progress. One section allows visitors to file letters of interest in condominiums, and that created the deluge, Cain said.

“One of the things we did was on our website, if you’re interested (in a condo), you can give us your name and keep us up to date,” he said in a recent interview with The Columbian. “We looked the other day and we were surprised to find 900 people had put their name down.”

There are at least 100 condos

... read more at: http://www.columbian.com/news/2017/feb/23/vancouver-waterfront-condos/

Vancouver Waterfront developer: Hundreds have inquired about condos

Though it is little more than a construction yard near the Columbia River right now, the Vancouver Waterfront is already dredging up interest.

More than 900 people have inquired about upcoming condominiums at the site, according to Barry Cain, whose company Gramor Development is leading the project.

The Tualatin, Ore.-based construction firm set up a website last year showcasing the project and its progress. One section allows visitors to file letters of interest in condominiums, and that created the deluge, Cain said.

“One of the things we did was on our website, if you’re interested (in a condo), you can give us your name and keep us up to date,” he said in a recent interview with The Columbian. “We looked the other day and we were surprised to find 900 people had put their name down.”

There are at least 100 condos

... read more at: http://www.columbian.com/news/2017/feb/23/vancouver-waterfront-condos/

Good luck, homebuyers. Denver’s housing inventory is lowest in 32 years

A home for sale on Feb.
Homebuyers faced slim pickings in February, even though the number of home sales showed a big drop from January.

Metro Denver had a record low number of homes for sale at the end of February, but a surge in sales can’t be blamed for the empty shelves.

There were 3,878 residential properties available for sale at the end of February, the lowest monthly total in records going back to 1985. The inventory was 2.14 percent below the previous bottom reached in February 2016, according to a report Friday from the Denver Metro Association of Realtors.

“It is incredibly low,” said Steve Danyliw, a Denver real estate agent and chairman of DMAR’s Market Trends Committee, which compiles the monthly housing market update.

The new low came despite a 19.25 percent year-over-year surge in the condo inventory last

... read more at: http://www.denverpost.com/2017/03/03/denvers-housing-inventory-lowest-in-32-years/