FALLS CHURCH, VA – Lincoln at Tinner Hill, Falls Church’s groundbreaking new live-work-play apartment community, opened in late September after much anticipation. Located on a historic landmark, Lincoln at Tinner Hill balances the ancient with the new, anchored by the Civil War Memorial Arch located on the corner of the groundbreaking new community.

The fifteen foot, pink granite arch was erected by the Tinner Hill Heritage Foundation honoring African Americans, E.B. Henderson and Joseph Tinner, a direct descendent of Tinner Hill’s founders. E.B. Henderson and Joseph Tinner fought for civil rights, helping found the first rural branch of the NAACP in the early 1900s.

Lincoln Property Company, the project developers, took fantastic care and caution to protect the integrity of the historic landmark all while providing luxury apartment accommodations that enhance the surrounding area. The modern apartment homes, located at 455 S. Maple Ave, allow walkability to over 50,000 sf of onsite retail in addition to shops, restaurants, and local entertainment.

The urban mid-rise offers a vast amenity package, featuring a swimming pool, 24-hour fitness center, virtual yoga studio, car-charging station, lounge, game room, business center, multipurpose room, pet spa, on-site bike storage and repair center in addition to courtyards with lush landscaping. The apartment interiors showcase Lincoln at Tinner Hill’s modern feel with granite countertops, stainless steel appliances, front loading washers and dryers, wide plank engineered hardwood flooring and balcony space.

Lincoln at Tinner Hill offers a wide variety of one and two bedroom floor plans and is under the professional management of Lincoln Property Company, the second largest multifamily manager in the United States, overseeing over 170,000 units.

Headquartered in Dallas, TX, Lincoln focuses on real estate investment, construction and development, in addition to property management. Their national reputation has enabled Lincoln to attract a large client base of owners and investors who count on their ability to deliver quality results and continually serve as a market leader.

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SEATTLE, WA – Home values are up over 6 percent over the past year, to a Zillow Home Value Index (ZHVI) of $191,200, according to the October Zillow Real Estate Market Reports.

Home values across the country have been rising for more than four years. Due to low inventory, prospective buyers often face intense competition. Less than half of buyers are successful in purchasing the first home they make an offer on, according to the Zillow Group Consumer Housing Trends Report.

Despite unfriendly market conditions for buyers, housing experts predict things will change in the near future – the majority of experts surveyed in the latest Zillow Home Price Expectations Surveyiii said they expect the housing market to shift from a seller’s market to a buyer’s market in 2018 or 2019. Zillow forecasts home values to slow to a 3 percent appreciation rate by next October.

“The housing market has been favoring sellers for the past few years,” said Zillow Chief Economist Dr. Svenja Gudell. “Sellers in the current housing landscape often have the luxury of listing their home ‘as-is’ without fixing it up or with only minimal window-dressing since demand for homes has been high and inventory low. It’s common for sellers to receive multiple bids, and in the hottest markets, sell for over asking price, but these conditions will change in the future. As the number of homes for sale increases and home value appreciation slows, we expect the market to meaningfully swing in favor of buyers within the next two to three years.”

Portland, Dallas and Seattle reported the highest year-over-year home value appreciation among the 35 largest metros across the country for the third month in a row. Home values in Portland rose nearly 15 percent to a median value of $349,500. Dallas and Seattle home values have appreciated just over 12 percent since last October.

Rents across the nation are up 1.4 percent, to a median rent payment of $1,402 per month. Seattle, Portland and Sacramento reported the highest year-over-year rent appreciation among the 35 largest U.S. housing markets. Rents in Seattle are up 9 percent to a Zillow Rent Indexiv (ZRI) of $2,087. Rents in Portland and Sacramento are up 7 and 6 percent, respectively.

There are 6 percent fewer homes for sale across the country than a year ago, with Boston, Indianapolis and Kansas City reporting the greatest drop in inventory among the 35 largest U.S. metros. In Boston there are 26 percent fewer homes to choose from than a year ago, and 24 percent fewer in Indianapolis.

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BELLAIRE, TX – Five Star Quality Care, one of the nation’s leading senior living and healthcare services providers which does business under the name “Five Star Senior Living”, announced the addition of memory care apartments at The Gardens of Bellaire in Bellaire, Texas.

Five Star’s award winning Bridge to Rediscovery (BTR) program is an innovation leader in memory care, catering to the unique capabilities and interests of each resident while encouraging family involvement every step of the way. The program is research based and designed for individualized attention to those with Alzheimer’s and other forms of dementia.

“We are excited to bring The Bridge to Rediscovery program to the Gardens of Bellaire. The new neighborhood is arranged to meet the specific needs of each resident by forming an individualized plot that builds on strengths and capabilities. The Montessori-based dementia programming provides residents with tremendous opportunities for success and happiness not only for themselves, but for their families as well,” said Scott Herzig, Five Star’s Chief Operating Officer.

Five Star Senior Living operates over 270 Independent Living, Helped Living, Alzheimer’s/Memory Care, and Healthcare Centers with Skilled Nursing & Rehabilitation and Continuing Care Retirement Communities across the country. Five Star is headquartered in Newton, Massachusetts.

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