Author Archives: Andrew Horvath

Impact of the Automated I-94 Form

US Customs and Border Protection (CBP) has now fully implemented the automated I-94 process for all air and sea ports.  Although there is speculation this may decrease the time it takes to receive a Social Security Number (SSN), the Social Security Administration (SSA) has not changed their direction on waiting 10 days after arrival into […]…
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Houston Rents Continue to Soar

As waves of young business professionals continue to relocate to the city of Houston, vacancy is down and rents are up. Two recent articles from CultureMap, a digital magazine for Houston and Austin, forecast these trends will remain consistent during 2013. Notable businesses contributing to the area growth include ExxonMobil and Chevron. With so many […]…
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Downtown Chicago Rents Hit Record High

Rents at Class A apartment buildings in downtown Chicago have reached a record high in the third quarter of 2012, according to a recent article in Chicago Real Estate Daily.  This trend is based on a shortage of supply, and landlords are taking full advantage of these market conditions. Class A rents have increased 24% since the market’s […]…
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Rents Continue to Increase

According to a recent article in the Wall Street Journal, new apartment construction now accounts for 28% of all new builds. This is the result of a continuing shift toward renting due to current economic and financial conditions. Vacancies among rental properties are at their lowest rate since 2002, creating a landlord’s market. Average rents increased […]…
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Population Boom in ND Causes Home Finding Challenges

According to a recent article in the fedgazette, the rental market in the Williston and Dickinson, ND area continues to be a challenge because new housing is not being built fast enough to handle the large demand of workers in the oilfields and related industries.  In Williston, simple trailer homes are selling over $100,000 from […]…
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Challenges in the Boston Rental Market

According to a recent article in the Boston Globe, the rental market in Boston continues to be a challenge with low vacancy rates and soaring rental amounts. The vacancy rate, low in 2011 at 3.8%, is now at 3.1%.  In popular regions such as Back Bay and South End the vacancy rate is barely 1%.  […]…
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Skyrocketing Rents in Brooklyn

Brooklyn neighborhoods that once provided a release valve for Manhattan pricing have now become more expensive then Manhattan apartments. In many Brooklyn neighborhoods, “the rent just keeps going up and up – even in the sluggish economy, even in the slight downturn in the housing market,” according to a recent article that appeared in the […]…
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Craigslist Scams and Your Rental Research

Craigslist scams are very common in today’s tight rental market, and even outnumber legitimate rental advertisements in certain markets. To avoid potential scams, Dwellworks consultants use a variety of publicly-available resources to research rentals. To avoid Craigslist scams yourself, follow these rules provided by www.Craigslist.org: Deal locally with sellers you can meet in person to avoid […]…
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Chicago: NATO Summit Traffic Alert 5/20-21

The North Atlantic Treaty Organization (NATO) is hosting its 25th summit in Chicago, Illinois on May 20-21, 2012. During the summit, expect road closures, parking restrictions, and changes to both public transportation routes and public works services. Parking restrictions begin 6 a.m., Sunday, May 13, with additional  restrictions effective Tuesday, May 15 in limited areas near McCormick […]…
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Apartment Hunting

The article “Apartment hunting in a tight market“, published in the Chicago Tribune, is a realistic snapshot of the severely competitive rental market in Chicago and is also representative of the rental market across the country.  Multiple daily showings, units snapped up within 24-48 hours of listing, and the disappearance of rental concessions are conditions […]…
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