Property Management News
WASHINGTON – Citing an acute shortage of affordable rental housing and severe regulatory burdens that drive up the cost of single- and multifamily housing for homebuilders and consumers alike, the National Association of Home Builders (NAHB) today called on Congress to pursue regulatory reforms that will help improve affordability and promote new development. Testifying before the House Financial Services Subcommittee on Housing and Insurance, Granger MacDonald, a home builder from Kerrville, Texas, and first vice chairman of NAHB, told lawmakers that home building is one of the most heavily regulated industries. “Government regulations account for 25 percent of the cost of a new... Read more
Move over, Marriott. Hotels were once the default lodging option for travelers, but in recent years, demand has boomed for vacation rentals in private homes. And...
The renter population is growing in the 11 largest metropolitan areas, but affordable housing options in these markets are shrinking, according to the...
Renters these days are caught in the housing market’s ultimate Catch-22: The cost of renting is skyrocketing, but they can’t afford to buy, either. In a word,...
The real driver of U.S. apartment demand in the years after the recession was Millennials, according to Patrick Simmons, who specializes in economic and strategic...
There are a couple of major financial considerations when making a real estate investment. First, you want to estimate the property’s potential to generate rental income, which can usually be done by evaluating the rental histories of similar properties nearby. It can also be useful to estimate what the property might be worth in the future. For instance, if a rental property barely breaks even on rental income, but you project that you’ll be able to sell it at a nice profit later; it still may be worth considering. With this in mind, here’s how to calculate future value of real estate, and how to use this information. Calculating the potential future value of real... Read more
Which superstore offers home owners the best returns on home prices? Target is more likely, a new study concludes. Real estate data firm RealtyTrac researched the effect...
It’s an excellent time to be a landlord. Amid a U.S. recovery that has been frustratingly slow for most folks, property owners’ share of the economic pie has...
“You are a lost generation,” remarked Gertrude Stein to the young Ernest Hemingway, referring to the devastating loss of millions of young lives — either...
A recent report notes that a growing number of retail, entertainment, and travel outlets are turning to self-service checkout kiosks for their customer service needs....
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