Property Management News

41% of U.S. Rental Housing Is in High-Risk...

Millions of homes across the U.S. are already vulnerable to climate change, according to a new study. Approximately 41% of occupied rental units, or 18.2 million homes, are at risk because of extreme weather events and climate change, according to the 2024 report on rental housing across the country from Harvard University’s Joint Center for Housing Studies. The study uses the Federal Emergency Management Agency’s National Risk Index to determine which areas are increasingly likely to experience events such as wildfires, flooding, earthquakes and hurricanes. “As a growing number of rental units are damaged by environmental hazards, the cost to repair and rebuild homes... Read more

According to the Garn-St. Germain Depository Institutions Act of 1982, a mortgage lender may not exercise its option pursuant to a due-on-sale clause  for...

The National Multifamily Housing Council (NMHC) has released their Pulse Survey on Operational Impact of Rental Application Fraud and Bad Debt, which was conducted from...

High mortgage rates and changing attitudes on ownership push people toward rentals. The American Dream has always included homeownership, but, in the face of an...

Taxes are perhaps one of the most boring and painful of all topics that one can choose to discuss. That is unless you are a real estate investor! The ability of...

Another Boon to the Multifamily Market: As...

Not only are more people renting today, more are doing this by choice. The reason? Housing prices and interest rates are making owning a single-family home more expensive than ever. And many consumers are choosing to avoid these costs by renting instead of buying. That’s one of the key findings from a new survey by investment and management firm Knightvest. Knightvest conducted its poll from Nov. 20 to 30, surveying more than 4,100 U.S. apartment renters. One of the more surprising results? A resounding 59% of respondents said that they choose to rent. Of course, that also means that 41% told Knighvest that they feel compelled to rent because of the prohibitive cost of homeownership.... Read more

The multifamily sector could face a significant shock in the coming months. Despite the persistence of high rental prices, numerous renters are foregoing home ownership...

The source of income law is in limbo now because on June 27, 2023, a Cortland County Supreme Court judge ruled that the law is unconstitutional to the extent that it...

The past few years have been a rollercoaster for the IRS and taxpayers alike. In 2020, Congress passed two rounds of stimulus checks, and Tax Day was postponed until...

The California Apartment Association urged the court to hear a major property-rights challenge to tenant protections in NYC The Supreme Court on Tuesday declined to...