Property Management News
24/7 Wall St. analyzed several of the pitfalls owners should know about and that meticulous buyers can discover. All states have mandatory disclosure laws that require home sellers to disclose any material property defect. In some cases, the sellers may not be aware of a defect they have lived with for years and are not trying to hide the issues. There may be problems that existed before the current owner bought the home or that were added inadvertently as a property was altered. Failing to disclose these can lead to lawsuits when the defects are eventually found. Material defects regulations can vary from state to state, which can further complicate the process of purchasing... Read more
As more boomers approach the edge of retirement, how can developers entice a generation that is reluctant to leave their current single-family home? As the oldest baby...
Renting a home is a better way to accumulate wealth than buying a home in many U.S. cities, according to the latest Buy vs. Rent report. In several U.S. cities,...
Between May and July, a lot of leases come up for renewal. That can mean a higher number of tenants moving out and going to live in other locations. Some...
When a group of prominent Los Angeles trial attorneys started its own firm in January, it shunned the sleek office skyscrapers that typically house blue-chip...
By JENNIFER PELTZAssociated Press NEW YORK (AP) – Renters are on the rise in America’s biggest cities, but many tenants are scrambling to keep up with growing rent bills and shrinking vacancies, according to a study released Thursday. From Boston to Miami, New York to Los Angeles, more than half of tenants are paying what experts consider unaffordable rents, says a report by New York University’s Furman Center, which studies real estate and urban policy, and bank Capital One, which is a leading affordable-housing lender and financed the research. While various housing experts have noted such trends, the study zooms in on 11 of the nation’s most populous... Read more
The housing market is chugging ahead, with even higher home prices and more buyer activity-and in May, we’re seeing more than the ordinary seasonal...
Do you care more about a city with good transportation or one that’s good for making friends? This ranking will tell you what city is right for you. If...
Photo via albinoflea via Flickr City Council will consider a new law that would require landlords to provide tenants with “reasonable accommodations”...
As Mayor Bill de Blasio presses for changes to the city’s rent laws, citing the deregulation of “hundreds of a thousands” of apartments in recent...
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