Chris Thorpe Real Estate

CARROLLTON (ALNsystems.com) – The number of apartments rented statewide dropped 2.4 percent between December 2008 and December 2009, according to the latest figures from ALN. Meanwhile, rents fell by an average of 2.5 percent. Here's how select cities fared for the year ending December 2009: Austin Occupancy stayed roughly the same, ...

DALLAS (Dallas Morning News) – North Texas apartment occupancy fell in the third quarter, as did its average rent when compared with October 2008 figures, according to Carrollton-based MPF Research Inc. The apartment analyst firm reported a 4.1 percent decrease in Dallas’ average apartment rent to $772 between third quarter 2008 ...

DALLAS (Dallas Morning News) – Area office occupancy declined by 650,000 sf in the third quarter, pushing up overall vacancy to 22.7 percent, according to preliminary statistics released yesterday by CB Richard Ellis. Accompanying the highest vacancy in five years was a dip in average rental rates to $18.83 per sf. The biggest third ...

NEW YORK (New York Times) – Countrywide Financial, in an effort to resolve lawsuits against it, has launched the largest program ever to help struggling homeowners in Texas and ten other states. The lender, recently acquired by Bank of America, will provide a total of $8.7 billion to borrowers, $8.4 billion of which will be through ...