This morning, we were delighted for two reasons; first and foremost, we climbed from the 19th largest real estate site in June to the 16th, according to the Hitwise Monthly Category Report for July 2008. This is great news for us, especially after we broke into the top twenty last month.
The ranking is derived from market share based on a random sample of 10 million U.S. internet users.
Secondly, the MyNewPlace twitter account has finally proven its utility, as we were alerted to this... Read Full Story
Last week we reported on apartment rental trends from some large cities in the U.S., keeping an eye on how rental and vacancy rates are weathering the volatile real estate market. Apartments in Phoenix are of particular significance to the nation's rental market because of how hard the housing and credit crunch hit the region; we can now compare predictions to what has actually happened.
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This week we have been seeing a lot of news stories reporting on the fluctuation of apartment rental rates in some large cities in the U.S. We provide this snapshot of the market for apartments for rent in order to provide a cleare picture of how real estate trends nationwide are affecting the rental markets of particular metro areas.
Here is a quick rundown of the rental market around the U.S.:
Rental rates for Boston Apartments have stabilized after skyrocketing since 2002. Despite the... Read Full Story
Yesterday, we posted an article entitled Stuff You Need for Your Apartment Rental's Kitchen, which featured a list of items that every apartment for rent needs to run smoothly. We tried to create a comprehensive list, asked for your input and focused especially on those items that are necessary yet often overlooked.
(photo courtesy of Pia Jean Kristiansen)
Today, we want to follow up on that list with a new one that includes the basic food items you will want to get when you first move... Read Full Story
Have you ever finally moved into your new apartment for rent, feel like you are all settled in, only to find that you need to run to a different store each day just to cook a meal?
We want to help you avoid using a knife to open a can of soup, bending 3 spoons to get a scoop of ice cream, using a frying pan as the cover for a smaller frying pan, and using tinfoil (the duct tape of cooking) for everything from a colander to a roasting pan. Not that we have had personal experiences with these... Read Full Story
A few months back, we reported a few times about a new roommate ordinance that targeted students who live in off-campus apartments in Boston. The city, with around a quarter of its residency comprised of university students, witnesses some of the bitterest fights amongst residents, students and college officials over apartments for rent.
The Boston city council had hoped to placate residents in neighborhoods who complained about drunk and disorderly college students invading their... Read Full Story
According to July figures from compete.com, MyNewPlace is now the 3rd largest apartment search site on the web. We passed forrent.com with 18.4 percent monthly growth, far outpacing our competition. For the year, MyNewPlace traffic has increased 131.6 percent, with our closest competitor up only .8 percent. (According to compete.com)
We are always happy to see traffic graphs exhibiting an “up and to the right" trend, especially on such a trusted and public data center as compete.com.
Thanks... Read Full Story
Today, we are doing something totally different with our blog. Instead of bringing you the latest apartment rental news or providing apartment guide tips for renters and talking about apartments for rent in general, we are going to have an interactive contest.
Now, who's ready to have some FUN?
To enter the competition, send us two pictures. One of yourself and one of your apartment. Each week, we will have a contest to see who can best match which person lives in which apartment.
Send your... Read Full Story
From this morning's National Apartment Association's Industry Insider newsletter, we learned that $18.2 billion of Fannie Mae's total investment ($20 billion) in the apartment rental market for the first half of the year had been provided through its Designated Underwriting and Servicing (DUS) lenders. This record breaking figure is an increase of 30 percent over last year.
Some details on how Fannie Mae is investing in the multifamily industry and in apartments for rent:
$5 billion in... Read Full Story
This morning, we saw that Stanley Fish's column in the New York Times had evoked quite a backlash in its comments section. Professor Fish's article about the cumbersome nature of recycling, though it reads a bit like an Andy Rooney diatribe, does highlight some important points.
Our interest stems our own preoccupation with the subject of green apartment living and trying to find ways that apartments for rent can be more environmentally responsible.
The article basically asks whether or not... Read Full Story
