Property Management News
SAN JOSE (KPIX 5) – A Bay Area landlord is fed up with the high cost of living, so he’s moving out. And he’s taking his tenants with him. San Jose landlord Tony Hicks is fed up with the Bay Area. He’s moving to Colorado taking a houseful of his tenants with him. It started when Hicks, who owns three houses in San Jose, started worrying about earthquakes. “All that caused me to think about moving,” Hicks said. “Then the sanctuary state came on. That was kind of like a clue. And then I said okay, I think I need to go.” But he didn’t want to leave his longtime tenants, whom he calls his friends, out in the cold. So, he asked them if they wanted to go with him. Seven of them... Read more
Portland City Council is strengthening a law that requires landlords to pay tenants if they are forced to move out. The law awards tenants payments if they are evicted...
The boom in apartment building in Pittsburgh could spell trouble for landlords of older stock as they try to hold on to renters who find the shiny new units and the...
State lawmakers want to limit application fees and make landlords tell renters what kinds of things they will and won’t accept before applying. Hunting for an...
Portland has settled a longstanding lawsuit with the vacation rental website HomeAway and its affiliates over unpaid lodging taxes. The city has traded lawsuits with the...
Home prices in ZIP codes with the highest environmental hazard risk are appreciating at a faster pace than the overall housing market in the past year and over the last decade, according to ATTOM Data Solutions’ 2017 Environmental Hazards Housing Risk Index. Researchers analyzed more than 8,600 ZIP codes in the U.S. looking for four environmental risks: Superfund sites, brownfields, polluters, and poor air quality. They found that median home prices in ZIP codes in the top environmental hazard risk category rose 7.4 percent from a year ago on average, compared to a 7.1 percent increase nationwide. From 2007, these high-risk areas have seen prices increase 22.2 percent from a decade ago... Read more
The whole city will be itching for payouts like this. A Bushwick tenant scored a fat $300,000 judgment against his landlord over a bed bug infestation — because the...
For Invitation Homes Inc., the U.S. landlord built by Blackstone Group LP, the 220 houses it owned in working-class areas around Atlanta were outliers, filled...
As housing inventory sank to its all-time low during the fourth quarter, home prices increased, creating all-new highs in many U.S. markets, according to the latest...
The luxury market is largely overbuilt, while there is a shortage of affordable rental housing. Lower- and middle-income households are spending proportionally more on...
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