Property Management News

Renters Deny $30,000 in Damages. Who Pays?

KNOXVILLE, Tenn. (WVLT) Broken glass, holes in walls and destroyed vanities: that’s what one landlord walked into after his tenants left. “You can see they took the fronts off the cabinets, they broke through the countertops, they smashed dents and holes in the tile, so in doing that, literally everything has to be replaced in here,” the landlord, who wants to remain anonymous, said. The landlord’s granite countertops in the bathroom were destroyed, and there are holes in the doors and walls of the once quaint family home. When the landlord confronted the tenants, they denied having anything to do with it. “If I had to do it all over again, I would have done... Read more

Affordable housing developers are facing more obstacles to building new projects, even though the need for affordable housing seems to grow stronger every...

In its most recent study, Zillow Group examined the newest generation to enter the housing market – Generation Z. Wait, what? Already? Aren’t they even old enough...

It used to be that renting an apartment in Cambridge’s funky triple-deckers or two-family homes didn’t rival the cost of tuition at one of the city’s...

Some real estate executives in Texas are hoping to get rich quick with homes damaged by Hurricane Harvey. Longtime investor Ray Sasser detailed the strategy at a real...

Student debt is delaying millennial homeownership...

Historically, Americans have bought a home by their early 30s, but today’s millennials are playing a waiting game because they’re saddled with so much student loan debt. Millennials who don’t already own homes are delaying purchasing one for a median of seven years, according to a new joint study on millennial student debt from the National Association of Realtors and education financing nonprofit American Student Assistance. Overall, 83% of non-home owners said they believe that student loan debt has delayed them from buying a home — and that figure is higher among older millennials (those born between 1980 and 1989) and people who have more than $70,000 in student loan debt. The... Read more

Northern California landlords have settled pet discrimination allegations that they and their agents discriminated against a female tenant with disabilities who requires...

U.S. homebuilding fell for a second straight month in August as a rebound in the construction of single-family houses was offset by persistent weakness in the...

In the wake of devastating Hurricanes Harvey and Irma, customer satisfaction among U.S. homeowners and renters’ insurance will be squarely under a microscope the rest...

The past 10 years have seen a boom in apartment living, with more and more people – especially millennials – choosing to live in upscale, luxurious apartment...