Apartment Look

Zillow Group, Inc. (ZG) Q2 2017 Earnings Conference Call August 08, 2017 17:00 P.M. ET Executives RJ Jones – VP, Investor Relations Spencer Rascoff – CEO Kathleen Philips – CFO Analysts Ronald Josey - JMP Securities Mark Mahaney - RBC Capital Markets Unidentified Analyst - Sli.do © Provided by Seeking Alpha Earnings Call Transcripts Michael Graham - Canaccord Genuity Christian Rice - Needham & Company Hayden Blair - Stephens Inc. Brian Nowak - Morgan Stanley Mark May - Citigroup Lloyd Walmsley - Deutsche Bank Bradley Erickson - KeyBanc Capital Markets Shyam Patil - Susquehanna Financial Group Heath Terry - Goldman Sachs Presentation Operator Good day, ladies and gentlemen, and welcome to the Zillow Group's Second Quarter 2017 Earnings Call . At this time all participants are in a listen-only mode. Later we will conduct a question-and-answer session and instructions will be given at that time. [Operator Instructions]. As a reminder, today's call is being recorded. I wou...

When it comes to condominium development , Cascadia’s two largest cities couldn ’t be more different. Last year nearly 60 percent of new housing starts in the city of Vancouver, BC , were condominiums; meanwhile, Seattle saw no new condominium buildings open . And that’s not changing anytime soon: less than 10 percent of all building slated for downtown Seattle in the next three years will be condos. What’s the difference—why the blossoming of condominium construction in one city and the almost complete dearth in the other? The short answer is economics. In Vancouver, apartments are saddled with an unfavorable tax code , making condos the more lucrative multi- family housing investment even despite high rental demand . In Seattle’s skyrocketing rental market , one that’s climbed even faster than the condo market in recent years, apartment buildings are much more financially attractive, while condos come with bigger risks and, typically, lower returns. Compounding this profit differe...

Photo: Robert Clark Even though more new leases are being approved nationally each year, that doesn’t necessarily mean every generation is having the same experience getting approved. In fact, Gen Xers are likely to have the most difficult time out of all generations getting their rental application approved , according to a report released today by the listing site RentCafe . The approval rate of rentals has been steadily rising nationwide over the last several years, from 81.7 percent in 2014 to 83.2 percent as of the second quarter of this year. One possible explanation for the increase is a growing number of high-income renters in luxury developments, says RentCafe. Another possible reason is the eagerness of landlords to fill empty units . At 77.5 percent, Gen Xers had the lowest approval rate of all generations in the second quarter of 2017. “Gen-X-ers have felt the brunt of the housing crisis during their prime years of homeownership, and many have been left with ugly scars ...

Curbed Horror Stories are firsthand reader reports about terrible Greater Boston apartment experiences past and present. This week, in honor of Renters Week 2015 , we're having a rental horror story showdown across all Curbed sites, with the winner receiving a staycation. Up now: a desperate quest to avoid picking another roommate from Craigslist. I don't think there is very much that can beat the story that was posted about the girls who were victims of a bait-and-switch but here goes my rental experience . It was 2009 and I needed to move out of the two-bedroom I had rented with a Craigslist roommate as it had quickly become an all-around bad situation. I knew I didn't want a new roommate but had a modest budget for a one-bedroom or studio with an open concept so the search began. The first place I saw was in a great location but once inside the building we literally could not find the unit. We searched and searched and even asked a current tenant if they knew whe...

By: yiseowl - Wednesday, Feb 26, 2014 - 11:11pm Searching for an apartment in Boston is a unique process…and a big pain in the ass. 79 percent of all rentals in Boston turn over their leases between September 1st and 14th, setting the stage for aggressive rental agents and frantic tenant hopefuls . Signing on something that’s not a complete piece of shit requires some legwork and a little bit of patience. Having lived in four different apartments over eight years in Boston, I thought I’d share my experience in finding a decent place for a good price. 1) Figure out where you want to live:  Budget and location are the two most important things to consider when looking for an apartment. The image below is a rental heat map put together by Jeff Kaufman — he used data from the website PadMapper. We took it a step further and added geographically accurate T stops. There’s a lot of useful info packed into this little map. For example, you can identify cheaper neighborhoods by looking at c...