Monthly Archives: July 2009

This morning, the National Multi-Housing Council sent out its Weekly News Watch, which we thought included some articles that should be of interest to our readers. At the top of the headlines was an article entitled, ‘US Multifamily Rents Could “Explode” in Three Years.’ Naturally, we wanted to determine whether this was the good or [...]

Last week, the city of Los Angeles passed new regulation designed to reduce the amount of water buildings use each day. Now, new buildings, which include Los Angeles apartments, will be required to install low-flow faucets, toilets and shower heads and some ancillary plumbing equipment that will help reduce water usage. This new law joins [...]

(photo courtesy of Mia Mabanta) Yesterday, we came across an article about an apartment in Fayetteville, Arkansas, The Crowne at Razorback community that recently hosted a pet-adoption drive in conjunction with their local animal shelter. As part of The Crowne’s ‘Christmas in July’ party, the Fayetteville Animal Shelter brought several adoptable dogs and a photo [...]

Today, we are very excited to announce the availability of the MyNewPlace iPhone application, which combines the standard apartment search features of our site with the iPhone’s functionality. Not only does our application bring the power of our nationwide apartment search into the palm of your hand, but it actually has some features, which are [...]

Atop today’s DrudgeReport, labeled with the either facetious or insightful headline, Landlord in Chief: Obama Mulls Rental Option for Homeowners, was a link to an article outlining a new plan from the federal government to combat the housing crisis that could have some major impact on the apartment rental market. According to the article, U.S. [...]

Richmond, CA, a city of about 100,000 people located in San Francisco’s East Bay, has passed a local ordinance that will ban smoking in all apartment buildings. The new law comes on the heels of another smoking ordinance passed earlier this year that prohibits smoking in public places such as parks, parades and farmer’s markets. [...]

Fueled by the climbing unemployment rate, vacancy rates in the nation’s apartment buildings have risen to their highest rate since 1987. The national vacancy rate reached 7.5 percent in the second quarter, up .2 percent from the previous quarter and 1.4 percent higher than Q2 2008. The speed that the vacancy rate is approaching the [...]

Over the July 4th weekend, cyber-terrorists launched a broad and ambitious attack on military and government sites in Asia, Europe and the U.S…. and on MyNewPlace.com. We assume that we were lower on their target list than the CIA and South Korea, but who knows? The New York Times reports that the South Korean government [...]

Recession Affects Housing Trends Across U.S. A recent article in the Wall Street Journal, which was highlighted in this week’s NAA Industry Insider, writes how urban population growth has accelerated since the economy went into recession. Experts relate the migration to urban centers to the lack of a viable economy in suburbs and exurbs; housing [...]

Yesterday, Mayor Gavin Newsom of San Francisco announced that he plans to veto a set of renter protection laws authored by Supervisor Chris Daly and passed by the San Francisco Board of Supervisors last week. The Renters Economic Relief Package includes: Prohibiting rent increases that puts a tenant’s rent over 33 percent if the tenant [...]