Property Management News
The turnaround in the housing market since the Great Recession has gone too far for many Americans. A just-released report from Washington, D.C., think tank Pew Research Center found that more Americans are renting now than any time in the last 50 years. The corollary: There’s never been a better time to own rental property. “The total number of households in the United States grew by 7.6 million between 2006 and 2016. But over the same period, the number of households headed by owners remained relatively flat, in part because of the lingering effects of the housing crisis,” the report said. “Meanwhile, the number of households renting their home increased... Read more
Extremely tight supplies of houses for sale and rental housing have pushed up the cost of both, according to the Harvard Joint Center for Housing Studies. The Center...
Ten years after the U.S. housing market crashed, some things have gotten worse instead of better. More U.S. households are headed by renters than at any point since at...
A handful of startups are betting they can help apartment-building owners convert empty units into hotel rooms, a controversial practice that could help landlords...
Nashville has the hottest single-family housing market in the U.S., according to a report that shows nation-leading annual growth in home sales and price appreciation...
Lawyers for Penn State University fraternity members who face charges in connection with the death of a 19-year-old pledge from New Jersey are trying to get some of the charges dismissed before a trial takes place A preliminary hearing in the case against 18 young men who were part of the now-closed Beta Theta Pi frat house took place on Tuesday, and two additional sessions are planned for August. They face a variety of charges relating to the February death of 19-year-old Tim Piazza of Readington, including aggravated assault, hazing, reckless endangerment, furnishing alcohol to minors, and tampering with evidence. Piazza died after falling down a flight of basement steps in the Beta Theta... Read more
It’s a problem in San Francisco, units that remain vacant. Pick any reason why this frustrating phenomenon occurs: pro-tenant housing laws, greedy landlords smarting...
In addition to our primary residence, we own one-and-a-half rental properties. That is, we own one by ourselves and half of another, more expensive condo that we rent...
National homeownership rates hit 50-year lows last year during the second quarter, slipping to just 62.9 percent, according to the U.S. Census Bureau. Since then, rates...
Are you ready for the housing market’s Endless Summer? At least it might feel endless, because there seems to be no end in sight for the national housing shortage...
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