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Home · Articles posted by Debbie Snyder (Page 3)

Corporations that have been focused on the potential windfall that tax reform will bring are getting a reality check when they look at their property tax bills. Commercial and multifamily properties across the country are seeing a spike in property taxes as assessors continue to reset values to higher levels. It has taken property tax appraisals time…


What is the easiest and lowest-risk, income-producing real estate asset you can buy, and how do the returns stack up to the risky, burdensome kind? Throughout my 15-year real estate career, I’ve listed and sold everything from a small condominium to an entire condominium complex, to a marina, bank, restaurant, grocery store, department store, office…


A worker making federal minimum wage of $7.25 for 40 hours a week is unable to afford a two-bedroom rental anywhere in the country, according to a recent study. In its 2018 edition of its “Out of Reach: The High Cost of Housing,” the National Low Income Housing Coalition looked at the wages necessary to afford…


According to ATTOM Data Solutions Q2 2018 U.S. Home Affordability Report, U.S. home prices in the first quarter were at the least affordable level since Q3 2008. The report calculates an affordability index based on percentage of income needed to buy a median-priced home relative to historic averages, with an index above 100 indicating median…


The wheels are turning in your head: Rent prices in Metro Orlando are rising, and real estate has long been seen as a top investment. Is it time to take the leap and become a landlord? “Owning a rental property can be a great source of cash flow and future equity appreciation,” said David Diaz,…


Rental concessions may be sky high across the city, but tenants shouldn’t count on getting them renewed once their lease is up. Given the private nature of the negotiations, landlords are usually reluctant to extend free months beyond the initial lease, according to several industry players. While statistics on how often landlords stop or renew…


Since the crash of 2008, both home ownership and renting have been getting steadily more expensive, with median house prices rising to levels surpassing pre-crisis levels, while the ballooning private equity megalandlords pushed prices for renters to never-seen levels, using an eviction mill that saw more Americans thrown out of their homes than at any time in history to…


NASHVILLE, Tenn. (AP) — The Tennessee Senate on Thursday passed a bill that overturns some local short-term rental bans after lawmakers debated for more than two hours about property rights versus local control. Lawmakers from Nashville were the most vocal against the bill. The city recently passed restrictions on short-term rentals such as Airbnb after neighborhood groups…


When Congress voted last year to sharply reduce corporate income taxes, it undermined the nation’s largest subsidized housing program. This week’s federal spending compromise may help shore it up. The program, called the low-income housing tax credit, enables corporations to lower their taxes by helping to finance low-cost housing. Lower corporate tax rates made the credit…


Apartment rent increases slowed further in the first quarter, a development that, combined with faster wage growth, is expected to ease financial stresses for low- and middle-income households over the next couple of years. Average rent rose 2.3% to $1,310 in the first three months of the year, according to RealPage, a real estate technology…

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