Property Management News
Most home buyers and sellers don’t think much about what might derail their purchase or sale. But here’s a sobering fact: One of every 20 sales contracts blows up along the road to closing. And roughly 1 in 4 runs into an issue that delays the scheduled settlement. These statistics come from new survey research conducted by economists at the National Assn. of Realtors, covering the period of December 2016 through February. Guess what’s the No. 1 real estate deal killer? Home inspections. Nearly one-third of all terminated real estate contracts crashed and burned because of the inspection results. Inspections also ranked as the No. 3 cause of delayed settlements,... Read more
Nobody can dispute that the housing market has come back, despite the doomsday case laid out by some economists after it peaked in 2006, then crashed in the Great...
To figure out the price you’re willing to pay for a rental property, you estimate the rent you might get, the annual costs you’ll have to pay, and what it...
Thinking about going into the condo rental business? Does the thought of owning beachside property and making money by renting it out sound too good to be true? The Log...
Apartment data provider Axiometrics predicts that annual effective rent growth in 2017 will match the long-term average, however they say performance will strengthen in...
Tight housing inventory supply could put a strain on this year’s spring home-buying season, according to the monthly Outlook released Tuesday by Freddie Mac. The low supply of inventory continues to push home prices up as they outpace rising incomes. Rising home prices combined with higher interest rates caused affordability to decrease in March. “Tight housing inventory has been an important feature of the housing market at least since 2016,” Freddie Mac Chief Economist Sean Becketti said. “For-sale housing inventory, especially of starter homes, is currently at its lowest level in over ten years.” “If inventory continues to remain tight, home sales will likely decline... Read more
Your front yard is the red carpet inviting buyers into the beauty that is your home. If it’s rugged, messy and unkempt, buyers will take one look and then keep on...
STUART — This is the final chapter of a three-part series on investing in vacation rental properties. In our previous columns, we addressed what type of property to...
A startup that lets renters compete in apartment auctions is about to grow a lot bigger. Rentberry is an online auction site for long-term property rentals — think...
Transgender and gender-nonconforming individuals face pervasive housing discrimination, according to a recent study. It’s worse than researchers expected, and the...
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