Property Jump

New Haven’s Hot Market

There is one market that still seems to be red hot in New Haven these days.  It is the small multifamily houses that are spread out among the Newhallville, Fair Haven, and Hill Neighborhoods.   They are mostly lender owned and as-is types of sales.  Here is an example of a recent property on the market 32 [...]

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Industrial, Multifamily, Office, Retail?

What segment of our commercial real estate market is holding up best in this economy?  I hear many different opinions out there. Here is the PropertyJump analysis in order of best to worse: 1. Multifamily - With vacancy rates below 5% in New Haven (see post HERE) and little inventory the apartment building market is still [...]

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Where Are The Deals? (Part 2)

As the hunt for good investment properties continues it seems like there is only one segment of the market that is REALLY cheap (See previous post HERE on New Haven real estate deals).   It is the small (2-4 units) multifamily market in the tougher neighborhoods of New Haven.    These properties are selling at substantial discounts from market highs.   Some [...]

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New Haven Apartment Vacancy

 This is an interesting chart that shows apartment vacancy rates around the country.   New Haven comes in with the 5th lowest vacancy rate in the country.    This of course includes all of New Haven and I am willing to bet that in the downtown area that number is even less.    This vacancy number is the reason why [...]

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