Property Management News
As rents climb across the U.S., more people are being driven into homelessness. In some of the country’s hottest housing markets, rent increases have a strong connection with upticks in the homeless population, according to a study released this week from real-estate website Zillow. In New York City, a 5% rent hike would lead to nearly 3,000 more people becoming homeless. In Los Angeles, the same increase in rent would leave around 2,000 people without a place to live. To produce the report, Zillow created a model that analyzed different variables, including how population growth and changes in rent affect the homelessness rate. The model also considered the accuracy of homeless counts.... Read more
More than half of respondents to an NREI survey conducted in July said the real estate cycle has reached its peak. The percentage of survey respondents who believe we...
Freddie Mac has made some changes to the way in which lenders must handle rental income. The changes are primarily aimed at determining the stability of that income,...
Housing finance reform may be making its long-awaited comeback on Capitol Hill. In recent weeks, the Senate Banking Committee has held a series of hearings on the...
Seattle landlords would be almost completely prohibited from screening prospective tenants based on their criminal histories, under a proposed ordinance approved by a...
Despite what you might think, it isn’t easy to spot a counterfeit check. Fraudsters know how to make a fake check look completely legitimate — so good that even a bank teller can’t spot it. That’s why fraudsters are using fake checks to commit all sorts of scams, including security deposits, phony prize awards, fake job offers, mystery shopper scams, and bogus online classified ad sales. Find out if your tenant has written bad checks with AAOA’s TeleCheck report. ORDER NOW> “This scam comes in many different variations” said John Breyault, who runs the National Consumers League’s Fraud.org website. “But the key thing that binds them all together is the use of a... Read more
LOS ANGELES (CBSLA.com) – Property owners who make repairs to their sidewalks will now be eligible to receive up to $10,000 in rebates from the city of Los...
You flipped it — now it’s time to sell it. Follow these five expert tricks for a quick, full-offer sale. You updated the plumbing, refinished the flooring,...
High rents are worsening homelessness in major cities across the country, especially where homelessness is already at dire levels, according to a recent analysis by...
It was the cycle that defined American life for decades. People got married, bought a house, and started a family. The kids grew up, left the nest, and didn’t...
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