Featured Events
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Blended Occupancy Specialist (BOS) Certification Program (3-day program with certification exam)
Date: Wednesday, May 23, 2012
Time: 08:00 AM - 05:00 PM
Place: Edgewood Management, Seneca Meadows Corporate Center, Suite 400, 20316 Seneca Meadows Parkway, Germantown, MD 20876 -
PMA’s Tenth Annual Leasing Summit
Date: Thursday, Jun 7, 2012
Time: 09:00 AM - 03:30 PM
Place: Martin’s Crosswinds, 7400 Greenway Center Drive Greenbelt, MD 20770 -
PMA Annual Spring Break
Date: Monday, Jun 18, 2012
Time: 08:30 AM - 06:00 PM
Place: Woodmont Country Club, 1201 Rockville Pike, Rockville, Maryland 20852 -
Coaching and Mentoring for Leadership Success
Date: Wednesday, Jun 20, 2012
Time: 09:00 AM - 04:00 PM
Place: Rollins Congressional Club, 1621 Martha Terrace, Rockville, MD 20852
Industry News
Homeownership Continues Downward Slide
U.S. homeownership rate was 65.4% of all households during the first quarter of 2012, a contraction of 0.6 percentage points since the fourth quarter of last year, according to the Census Bureau. A year ago, the homeownership stood at 66.4% - a stark contrast to a high of 69.2% in 2004. Homeowners who lost their homes and young families staying out of the for-sale market are driving this trend, resulting in shrinking rental-housing vacancies. The Census Bureau reports that vacancies stood at 8.8% during the first quarter of 2012, the lowest level in almost a decade. Rents are up to a median of $721 a month, a post-recession high. / PMA Up to the Minute, May 14, 2012
