The demand for apartments is at a new high, pushing national vacancy rates way down. This is great news for residents in Arcadia Run, who can now boast the high value of their new apartment! Despite the improvements in the housing market, the rental market is still booming. Only four percent of U.S. apartments […]
Nearly every time statistics are published regarding the housing market, renters benefit from the good news in some way. Now, home prices are once again rising, reassuring renters all over the country. Renters get the best of both worlds; they can take advantage of the improving economy, while avoiding the increases in home prices by […]
Good news released late last month by the National Association of Home Builders (NAHB) improves the outlook on multifamily housing. The NAHB published their Multifamily Production Index (MPI) for the second quarter of 2013. The index shows a nine-point increase to 61, which is the highest reading since the inception of the index in 2003. […]
Ahh, it’s officially fall. What do you have on your bucket list this season? Here are a few of our favorite fall activities around the Manassas area – and we think you’ll enjoy them too! Bands, Brews, and Barbeque Festival To kick off your fall festivities, visit the 3rd annual Bands, Brews, and Barbeque Festival […]
Just one more reason why you’ll be happy you’re renting: Despite gains in the real estate market and increases in home prices, millions of homeowners still owe more on their home than their home is worth. When the housing bubble burst a few years ago, home values dropped dramatically. Homeowners lost upwards to 60 […]
Earlier this summer, CoreLogic released their Rental Applicant Risk report for the first quarter of 2013. The report was encouraging for current and prospective renters all over the country. The report details that during the first quarter of this year, the Renter Applicant Risk (RAR) index was up two points to 104, which is considered […]
Are you addicted to everything social media and want to stay connected to Arcadia Run? Perfect! We’ve got just the fix for you. Here at Arcadia Run, we want to keep our residents, as well as our future renters, informed on all of the neat things going on in our community. Feel free to friend […]
Years ago, the American Dream included owning a house in the suburbs, among other old-school ideals. However through unstable markets and changing mindsets, the dream has transformed into something new. The new American Dream includes renting, urban living, and revolves around consumer convenience. Even though many people can afford to buy a house, they are […]
More news was published from the housing market that shows yet another reason why it’s better to rent. In the second quarter of this year, home affordability plunged to shockingly low rates. In the first quarter of 2013, 73.7 percent of homes sold were considered affordable with the national median income of $64,400. In the […]
Earlier this year, the National Multi Housing Council and the National Apartment Association published an infographic brochure that outlined the incredible impact apartments have on the economy. The numbers were shocking to many, but here at Arcadia Run, we weren’t too surprised. Apartment buildings aren’t always considered to be revenue-generating buildings, but this is just […]