Walden Pond Apartment Homes Blog

National house prices have dipped in many of the largest metro regions, and declines in house prices are expected to continue given the million plus backlogged foreclosures. As the American economy shifts from buying to renting, with the number of renting households rising by 700,000 annually -- according to a USA Today analysis of Census data -- the number of homeowners fell by nearly 200,000 per year. Unemployment rates remain high and wages are down, which makes it more difficult for people to buy a house and prompts them to rent.

A number of studies continue to show that renting is better than owning for many Americans, with a house being a poor investment compared to renting and investing in inflation-adjusted Treasury bonds. In the paper "American Dream or American Obsession?," Wenli Li and Fang Yang from the Philadelphia Federal Reserve Bank concluded that the "adjusted real rate of return on housing actually falls below zero," and the national rate of return for homeownership between 1975 and 2009 was 1.35, below the 3.375% return for stocks.

Homeownership translates into less money available for investment and owning a house limits mobility should a new job opportunity arise elsewhere. Some economists have even suggested that high homeownership rates correlate to high unemployment rates. Declines in house prices could make it difficult to sell if the house is worth less than its mortgage. Not everyone should own a house, and the recession has helped eliminate some of the stigma once associated with renting, now that 70 percent of Americans now agree that renting has its advantages over owning.

Looking for a home in Virginia? Contact Walden Pond Apartments in Lynchburg, VA for more information.

Article from National Multi Housing recent release

The historic Virginia 10 Miler will celebrate its 38th year this weekend, September 23 – 24 in Lynchburg. There will be more than 3,000 runners from around the world. Men, women and children of all fitness levels can participate because there is a 10 mile race, 4 mile race, and Amazing Mile Children's Run.

Friday night is when the fun begins with the Amazing Mile Children’s Run, and a fun family festival.

Also on Friday, the expansion of the Amazing Mile Children's Run. This year three children's races will be offered for children 13 and under. There will be a 1/4 mile (children ages 0-5), 1/2 mile (children ages 6-9), and a 1 mile (children ages 13 and under).

On Saturday, thousands will take part in the 10 mile run, 4 mile run, and 4 mile walk.

Get out of your apartment in Lynchburg this weekend, grab the family and have fun either watching or participating at the Virginia 10 Miler Race.

September is National Cholesterol Education month and this is the perfect time to start paying attention to your health; the perfect time to get your blood cholesterol checked. Choose National Cholesterol Education Month to learn about food and lifestyle choices that help you reach personal cholesterol goals.

Obviously your diet is a large factor in your cholesterol levels. You can lower your cholesterol with medication, but if you would prefer to make a lifestyle change, your diet is the place to start. Even if you have many years of poor eating habits in you, a change in what you eat can affect your cholesterol levels.

Lowering cholesterol levels that are too high lessens your risk for developing heart disease and reduces the chance of having a heart attack or dying of heart disease. The combination of exercise and a better diet can significantly reduce your cholesterol levels without the use of medication. Regardless of if you are overweight, exercise can reduce cholesterol. Actually, moderate physical activity can help raise high-density lipoprotein (HDL) cholesterol, the "good" cholesterol.

Walden Pond Apartment Homes, your apartment in Lynchburg, VA,  has a junior Olympic sized pool, jogging trails, volleyball court and fitness center. Are you taking advantage of them?

While it isn’t the end of the summer exactly, it is almost September. Kids are back to school, and that freewheeling summer feeling starts to leave us behind.

Living in either a house or apartment in Lynchburg, VA the send off of the summer from Hurricane Irene has us wanting to let of a little steam. Well we know just the place. 

Play Back to Summer with Robin Alexander Bistro as we say good bye to summer the only way we know how, with a Big Party! Enjoy Great Food and Drink Specials, Live Music, Beach games, and Giveaways. Grab your friends, your coworkers, and family and come out and blow off some steam while you celebrate The End of Summer in Lynchburg. Games will be set up all day!!

We enjoy making life easier on our residents by adding new amenities. As of today, Walden Pond has two new fully furnished 2br 2ba guest suites in the apartment community.

Tell your family and friends before they plan their next visit to Lynchburg to skip the hotels and stay in your premiere apartment community. Your guests will have access to all the same great amenities you do during their stay. Even better, when you and your guest are making plans you don’t have to pick them up from the hotel; they can just walk across the apartment complex. For only $87 per night or $1,650 per month your guest can enjoy the same comfort and amenities you have access to everyday. Call our leasing office today to make reservations. Book early to secure your room.

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