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Where Do Most Renters Want To Live — And Where Are They Trying To Escape?

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Unable to commit. Fear of missing out on something else (#FOMO). Not ready to settle down. No, we're not referring to your ex. Renters also often get a bad rap for being more flighty than their homeowner peers. And it isn't completely unfounded. Nearly two-thirds of renters, about 64%, plan to settle down in a different city, according to an Apartment List report . So where do they want to go? And, perhaps more importantly, where do they want to leave? The rental website surveyed about 24,000 renters, nearly two-thirds of whom were millennials, and then dug into its own internal data for the report. Apartment List looked at 50 large metros across the country for the report. It turns out renters in the priciest metros on the coasts, such as New York and San Francisco, and in inland cities where costs are rising rapidly, like Denver and Austin, TX, are the most eager to move. Folks in colder climes where there aren't as many good- paying job opportunities , like Milwaukee...

Where Do Most Renters Want To Live — And Where Are They Trying To Escape?

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Unable to commit. Fear of missing out on something else (#FOMO). Not ready to settle down. No, we're not referring to your ex. Renters also often get a bad rap for being more flighty than their homeowner peers. And it isn't completely unfounded. Nearly two-thirds of renters, about 64%, plan to settle down in a different city, according to an Apartment List report . So where do they want to go? And, perhaps more importantly, where do they want to leave? The rental website surveyed about 24,000 renters, nearly two-thirds of whom were millennials, and then dug into its own internal data for the report. Apartment List looked at 50 large metros across the country for the report. It turns out renters in the priciest metros on the coasts, such as New York and San Francisco, and in inland cities where costs are rising rapidly, like Denver and Austin, TX, are the most eager to move. Folks in colder climes where there aren't as many good- paying job opportunities , like Milwaukee...

Where Do Most Renters Want To Live — And Where Are They Trying To Escape?

Image
Unable to commit. Fear of missing out on something else (#FOMO). Not ready to settle down. No, we're not referring to your ex. Renters also often get a bad rap for being more flighty than their homeowner peers. And it isn't completely unfounded. Nearly two-thirds of renters, about 64%, plan to settle down in a different city, according to an Apartment List report . So where do they want to go? And, perhaps more importantly, where do they want to leave? The rental website surveyed about 24,000 renters, nearly two-thirds of whom were millennials, and then dug into its own internal data for the report. Apartment List looked at 50 large metros across the country for the report. It turns out renters in the priciest metros on the coasts, such as New York and San Francisco, and in inland cities where costs are rising rapidly, like Denver and Austin, TX, are the most eager to move. Folks in colder climes where there aren't as many good- paying job opportunities , like Milwaukee...

Where Do Most Renters Want To Live — And Where Are They Trying To Escape?

Image
Unable to commit. Fear of missing out on something else (#FOMO). Not ready to settle down. No, we're not referring to your ex. Renters also often get a bad rap for being more flighty than their homeowner peers. And it isn't completely unfounded. Nearly two-thirds of renters, about 64%, plan to settle down in a different city, according to an Apartment List report . So where do they want to go? And, perhaps more importantly, where do they want to leave? The rental website surveyed about 24,000 renters, nearly two-thirds of whom were millennials, and then dug into its own internal data for the report. Apartment List looked at 50 large metros across the country for the report. It turns out renters in the priciest metros on the coasts, such as New York and San Francisco, and in inland cities where costs are rising rapidly, like Denver and Austin, TX, are the most eager to move. Folks in colder climes where there aren't as many good- paying job opportunities , like Milwaukee...

Denver Rent Prices So High Most Renters Want to Move

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A new study maintains that two-thirds of Denver renters plan to move to another city, a figure higher than the national average, with most listing high rent costs in the Mile High City  as the main reason. At the same time, however, so many people from other places want to move here that the actual number of renters in Denver is likely to remain steady in the near future and could actually rise. These are among the findings in a provocative report from Apartment List. As laid out in the following Q&A with analyst Sydney Bennet , who was heavily involved in the project, renting Denverites have a variety of reasons for wanting to relocate. But the number of those who are considering such a move because of long commute times or concerns about safety, for instance, pale in comparison to folks who simply are having a hard time stretching their dollars far enough to keep a decent roof over their head. As the study notes, the 67 percent of Denver renters who are looking at other lan...

New medical certification now available for high school students

BATON ROUGE, LA (WAFB) - U.S. Bureau of Labor Statistics reports the medical assistant is a key component in today's medical workplace. In Baton Rouge, Glen Oaks High School is the medical magnet school for students in East Baton Rouge Parish . And the Louisiana Workforce Commission is really good news for all high school students with hopes of a job in medicine. In a big announcement, Louisiana Workforce said "The Medical Assistant certification is now recognized in Louisiana as an advanced statewide credential , creating new opportunities for high school graduates to enter high-wage careers and helping meet the state's current and future workforce demands ." The Commission said it included the credential on the Louisiana State Industry - Based Focus List , giving it headline status. The U.S. Department of Labor describes this job as " Medical assistants complete administrative and clinical tasks in offices of physicians, hospitals and other healthcar...

Visa program offers promise to the poor — then breaks it

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It was the type of celebration that’s become commonplace in the Seaport District . Investors, developers, and other real estate types mingled earlier this summer at a groundbreaking ceremony for Echelon Seaport — $900 million worth of luxury condos and apartments set to rise from a parking lot on Seaport Boulevard. Advertisement Under a big white tent , guests sipped cocktails and listened as Governor Charlie Baker and Boston Mayor Martin J. Walsh touted the glassy, gleaming business district sprouting around them.Away from the festivities, Alex Shing of Los Angeles- based Cottonwood Management — the project’s developer — spoke about the strong interest from investors all over the globe who wanted to buy into Boston’s booming Seaport. Get Talking Points in your inbox: An afternoon recap of the day’s most important business news , delivered weekdays. “This is probably the most valuable piece of dirt in the world,” Shing said. Yet to help finance the project, Cottonwood and its...

Venterra Realty Apartments Receive Top Award from ApartmentRatings.com

COO Richard Roos commented the following regarding the ApartmentRatings.com recognition, "For years we have been focused not just on being a customer experience leader in the Apartment Industry , but also an innovator.  We understand that if we are successful in this pursuit, validation will come from direct feedback from our customers, and Apartmentratings.com is the gold standard in this regard.  Venterra's tremendous 2015 ApartmentRatings.com results are a great tribute to our on-site teams who bring our customer experience vision to life, and many thanks go to them for this achievement.  We look forward to raising the customer experience bar again in 2016." ApartmentRatings.com is the leading apartment review website .  Only 5% of all communities listed on ApartmentRatings.com qualify for the Top Rated award consideration , which makes winning the Top Rated award an exclusive accomplishment.  Wi...

Houston Apartment Association offers training and placement assistance

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photo courtesy of HAA Those interested in professional development within the industry can choose from many class offerings at HAA. On Monday I posted about the opportunities within the apartment industry and the job postings on the Houston Apartment Association ’s (HAA) website. There are many positions available through the HAA alone, so if you’re thinking about a career in this area, I’d jump over to that site and look around. According to HAA Executive Vice President , Jeff Hall, The Greater Houston apartment industry provides jobs to more than 35,000 professionals. He says specialized education is not necessary for many entry-level positions in the apartment industry , but many resources are available for jobseekers in Houston through HAA. Some of them include: 1. A Leasing 101 class offered through the Houston Apartment Association . Attendees will learn the basics of property management , fair housing compliance and about industry terminology . The class is $65 if pre-paid, ...

Aging baby boomers ignite explosion of jobs in health care, senior housing

But young people may not be fully aware of the "great opportunities" that await them in this sector of the job market, said Gisi, whose company owns and operates senior living facilities across the Upper Midwest. "People realize that there will be a lot more people in old age, but they don't see the lack of workers available to care for those people, what with the birth rate collapsing in the early '70s," said Gisi. Edgewood owns and operates assisted -living and memory- care facilities in 55 communities. "There'll be a significant need for health care workers in all of our communities," he said. "The demand will continue to grow." The time frame of 2020 to 2040 will be a period of significant aging of the population, based on U.S. Census data, which will dramatically increase the demand for senior housing and health care. In that time period, the number of people who are 65 or older will increase by 46 percent. "There will...

Outside investors target tertiary markets for better yields

Local investors beware: Central Pennsylvania is on the map for outside groups looking for higher returns. Last month, The Solomon Organization , a New Jersey-based operator of multifamily properties, closed on a $25.7 million purchase of the newly built Ivy Ridge Apartments in Swatara Township . That price — $117,913 per unit — is the highest in the Harrisburg market this year. It also marked the company's first foray into the Harrisburg area after landing in Lancaster County six years ago. It owns six communities in Lancaster County and more than 1,200 units. "Two years ago, you said 'Harrisburg' and people would just hang up the phone," said Zachary Pierce, director of the National Multi Housing Group in Philadelphia for Marcus & Millichap Real Estate Investment Services . Outside investors were interested only in primary markets such as New York City and Washington, D.C., and maybe Philadelphia, he said. But as prices have shot up in those prime areas, th...

US Concrete's (USCR) CEO Bill Sandbrook on Q2 2017 Results - Earnings Call Transcript

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US Concrete Inc (NASDAQ:USCR) Q2 2017 Earnings Conference Call August 08, 2017 10:00 AM ET Executives Kevin Kohutek - Vice President and Chief Accounting Officer Bill Sandbrook - President and Chief Executive Officer Analysts Trey Grooms - Stephens Inc Adam Thalhimer - Thompson, Davis Scott Schrier - Citi Craig Bibb - CJS Securities Stanley Elliott - Stifel Nicolaus Roresa Mojo - D.A. Davidson Operator Good day, ladies and gentlemen, and welcome to the U.S. Concrete, Inc. Second Quarter 2017 Earnings Conference Call . [ Operator Instructions ] I would now like to introduce your host for today's conference, Kevin Kohutek, Vice President and Chief Accounting Officer . You may begin. Kevin Kohutek Thank you, Israh. Good morning, and welcome to U.S. Concrete's Second Quarter 2017 Earnings Conference Call . Joining me on the call today is Bill Sandbrook, our President and Chief Executive Officer . Bill and I will make some prepared remarks, after which we will open the call to your ...