Property Management Blog

Alicia Hay, RMP® received the Property Manager of the Year Award from the New Braunfels Canyon Lake Association of REALTORS®. Alicia has over 15 years of experience working in the property management industry in New Braunfels. She has been active in the property management committee since its formation in 2010.  Alicia embraces her clients with unwavering regard and delivers returns on their investments through a management style to which she gives the utmost care and attention.

LOCAL REALTOR ACHIEVES

PRESTIGIOUS NATIONAL DESIGNATION

New Braunfels - Tracey Norris MPM® RMP®, a local leader in the residential property management field, has just been awarded the prestigious MPM^® (Master Property Manager) designation from the National Association of Residential Property Managers (NARPM^®).  This prestigious designation is held by fewer than 144 property managers nationwide and is reflective of the professional commitment made to the industry by Tracey Norris MPM® RMP®. “Receiving my MPM^® designation was one of the proudest moments in my professional career,” said Tracey Norris MPM® RMP®, President and Broker of Property Professionals, Inc.  The professional designation is awarded to property managers who have completed the highest levels of achievement, including advanced course requirements, service to the NARPM^® organization, and service to the real estate industry.  A detailed examination of the applicant as well as letters of recommendation from clients is required to complete the certification requirements. This important designation is one Tracey Norris should be very proud of and reinforces the expertise they maintain within the property management field. The National Association of Residential Property Managers (NARPM^®), founded in October 1988, provides a permanent trade organization for the residential property management industry. NARPM^® continues to be the premier professional association of residential property managers, currently representing over 3,000 members comprised of real estate agents, brokers, managers and their employees. Their mission is to support the professional and ethical practices of rental home management through networking, education and designation. The Association administers several designation programs including the Residential Management Professional (RMP^®), the Master Property Manager (MPM^®), the Certified Residential Management Company (CRMC^®), and the Certified Support Specialist (CSS^sm). More than 50 local chapters of NARPM^® are currently operating in major metropolitan areas, and many more are in the formative stages. For information, call NARPM^® National at 800-782-3452 or visit www.narpm.org.

NEW BRAUNFELS PROPERTY MANAGER ACHIEVES PRESTIGIOUS NATIONAL DESIGNATION

New Braunfels- Alicia Hay, RMP® a local leader in the residential property management field, has just been awarded the prestigious RMP^® (Residential Management Professional) designation from the National Association of Residential Property Managers (NARPM^®).  This prestigious designation is held by fewer than 400  property managers nationwide and is reflective of the professional commitment made to the industry by Alicia Hay. “Receiving my RMP^® designation was one of the proudest moments in my professional career,” said Alicia Hay, RMP® of Property Professionals, Inc.  The professional designation is awarded to property managers who have completed one of the highest levels of achievement including specific course requirements as well as service to the NARPM^® organization.  A detailed examination of the applicant as well as letters of recommendations from clients and peers are required to pass the certification requirements. This important designation is one  Alicia Hay should be very proud of and reinforces the expertise they maintain within the property management field. The National Association of Residential Property Managers (NARPM^®), founded in October 1988, provides a permanent trade organization for the residential property management industry. NARPM^® continues to be the premier professional association of residential property managers, currently representing almost 4000 members comprised of real estate agents, brokers, managers and their employees. Their mission is to support the professional and ethical practices of rental home management through networking, education and designation. The Association administers several designation programs including the Residential Management Professional (RMP^®), the Master Property Manager (MPM^®), the Certified Residential Management Company (CRMC^®), and the Certified Support Specialist (CSS^sm). More than 50 local chapters of NARPM^® are currently operating in major metropolitan areas, and many more are in the formative stages. For information, call NARPM^® National at 800-782-3452 or visit www.narpm.org.

This year the New Braunfels Chamber of Commerce Trade Show had a futuristic theme. The entertainment of the night was a skit involving New Braunfels locals dressing up as Star Wars and Star Trek characters.

Property Professionals, Inc. is very excited that their "new" website is live! Most of the changes are internal but one exciting feature that you can view is our new blog! Please check in with us for exciting news and updates about real estate in the  New Braunfels area, and Comal & Guadalupe counties.

Property in College Towns a Boon to Real Estate Investors, Parents

With colleges and universities getting in full swing the U.S.News & World Report states that, “According to Realtors in some of the nation's hottest rental markets, more parents are opting to purchase property for students to live in during their four-year college stint instead of forking over big bucks for on-campus housing or sky-high rents. Parents help defray the cost of purchasing property by leasing out rooms to their child's friends and classmates.” experts say. Go here to find the best college towns for real estate investors. Source: "NARPM National Report"  August 30, 2012

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The Texas real estate market continues to show marked improvements over last year, according to the 2012-Q2 edition of the Texas Quarterly Housing Report released yesterday. Here are some highlights from the report:

• The median sales price of Texas homes in the second quarter of 2012 was $161,400, which is 7.45% more than 2011-Q2.
• The average sales price had a similar jump, up 7.13% from second quarter 2011, to $213,674.
• In addition to statewide improvements in sales volume and price, the “months inventory” figure improved. Indicating the balance between supply and demand, the Texas market featured 5.9 months of inventory in 2012-Q2, which is 2.2 months less than 2011-Q2. The Real Estate Center cites 6.5 months of inventory as a market in which demand is balanced with supply.
• In the second quarter of 2012, 67,334 single-family homes were sold in Texas, 13.04% more than the second quarter of 2011.

“Texas has been leading the economic recovery and these results are more proof that our state is one of the nation’s best places to own a home," said Chairman Joe Stewart. "Now, we must protect the high quality of life that fueled that recovery and work on absorbing the growth of our state. That is the focus of the Texas Association of REALTORS® as we once again begin preparing to advocate for Texas homeowners during the 83rd session of the Texas Legislature in 2013.”

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