Property Management News
A Seattle City Council committee approved regulations Tuesday on short-term rentals, including those listed on Airbnb — with a special deal for existing operators in and around downtown. The final vote by the full council is set for Monday, with some changes possible. Council members say their goals are to preserve the city’s housing stock for people who live in Seattle and to control a rapidly growing industry that’s competing with hotels as it serves mostly visitors. The full council passed separate legislation Monday defining short-term rentals as certain units offered for fewer than 30 consecutive nights. Under the proposed regulations, which would take effect in 2019, new... Read more
The median U.S. rent takes 29.1 percent of the typical household income – up from 25.8 percent between 1985 and 2000. Renters in 34 of the nation’s 35...
Question: I collected a $1,500 security deposit and from the looks of it that’s not going to cover the damages my tenants left behind. Rent is $1,500/mo, should I...
A lot of apartment developers have reason to worry about the tax reform proposals working their way through Congress. The plan to reform the federal tax code that...
Bitcoin is fast-gaining the attention of the real estate industry, with several states already changing their laws to allow it to be used to finance property...
Our concern over package deliveries outranks wanting a place to mingle or grow food when it comes to what piques renters’ interest in picking a place to live. In a survey by the National Multifamily Housing Council & Kingsley Associates, participants in the Seattle-Tacoma-Bellevue area were asked their interest level in various community amenities. Probably to Amazon’s delight, package lockers ranked above community Wi-Fi, clubhouses, community gardens, on-site car washes and even valet trash service in the survey. The bulk of respondents said they received from one to 10 packages a month. More than half did not receive perishable items, ever. The appetite for deliveries “inside... Read more
The down payment has been a big obstacle in recent years for renters looking to buy their first homes. A new mortgage offering aims to ease the burden. Home Partners of...
Las Vegas to lead the U.S. in sales and price growth in 2018 According to Realtor.com’s 2018 National Housing Forecast, U.S. housing inventory constraints have...
ATLANTIC CITY — Toni Wilson, the mother of four children ranging in age from 15 to 3, moved from Egg Harbor Township to Atlantic City to save $100 on her monthly...
Contributed by: PropertyAdvantage Relentlessly rising rents and tight supply creating housing crisis conditions in many major cities dominated headlines in 2017. But...
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