Property Management News
The housing market on the West Coast has seen the biggest price swings over the past decade. This, according to a study by Owners.com, which looked at the top 2o markets to have rebounded the most with the 10 years following the 2008 housing crash. For the study, Owners.com built a monthly housing price index using median historical sale values for single-family homes by metropolitan statistical area (MSA), accounting for changes in housing stock and seasonality. Utilizing this index, it analyzed total gains from the post-crash minimum after January 2009 to the post-crash peak (any moment in time up to February 2018). The comparison was based on the average price per square foot in... Read more
Some believe Millennial renters don’t view their homes the way earlier generations did. Trend spotters say many consider their apartment their bedroom, the...
The median price of condominiums in the San Fernando Valley has climbed to a new record, rising 9.5 percent in July to $449,000, according to the Southland Regional...
The AIDS Healthcare Foundation has poured more than $12 million into a November initiative it’s let cities and counties regulate rental control. Started in 1987...
HUD says studies show voucher acceptance is far too low It’s apparently far too difficult for low-income households to use the Department of Housing and Urban...
The U.S. Department of Housing and Urban Development is taking steps to scale back a fair housing rule that had sought to combat housing segregation. HUD Secretary Ben Carson says the 2015 rule is standing in the way of efforts to add more affordable housing. The Affirmatively Furthering Fair Housing rule required cities and towns to examine historic patterns of segregation, and then create plans to combat them. Those who didn’t comply risked losing federal funding. “It’s ironic that the current AFFH rule, which was designed to expand affordable housing choices, is actually suffocating investment in some of our most distressed neighborhoods that need our investment the... Read more
High rents, home prices and interest rates should keep people renting for a while The renter rate in the U.S. rose in 50 of the largest metros by 5% from 2006 to 2016,...
Housing affordability has now reached a 10-year low in the second quarter of 2018, according to the National Association of Home Builders/Wells Fargo Housing...
If you own rental property you will want to listen to this one. In a recent episode of the Rental Property Owner & Real Estate Investor Podcast, Brian Hamrick...
There’s a split emerging in the U.S. housing market: Some are becoming more valuable than ever, while others struggle to emerge from the financial crisis. More than...
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