Property Management News
Erin Maude returned to homeownership in December, three years after losing her condo in the U.S. foreclosure crisis. This time, she’s confident she’ll keep the house she bought with the help of a 14 percent raise and a Federal Housing Administration loan, which required little money down. “I’m very lucky,” said Maude, 38, an airline marketing manager. “Without FHA, I don’t know how long it would have been before I could have saved for a bigger down payment.” Renters gaining confidence about the economy — those buying their first home, and people like Maude who are looking for a second chance — are jumping into the property market. Many are compensating for... Read more
SALEM — Oregon lawmakers are whittling down relief proposals aimed at tenants struggling with rising rents amid the state’s escalating housing crisis —...
Maine state senator Andre Cushing III (R-Hampden) has introduced a bill disallowing landlords from banning guns in public housing if said landlords receive...
A rental house located near a college campus may be a great investment—the list of places where investors earn the best yields on single-family rental houses is full...
The lineup of metro markets offering the most promising prospects for the real estate industry continues to change, shift and evolve, sometimes quite dramatically. For...
There are now more renters in the U.S. than ever before in history, and the situation is still developing. Not only are more people wanting to rent instead of buy homes, there is a shortage of inventory. When demand is high and supply isn’t keeping up, rents rise, and they’re doing that aggressively right now. There is plenty of media attention being paid to this situation, as well as many articles about the cost of renting versus buying a home. It seems that the ratio is not good, but people aren’t clamoring to buy. This is in spite of continued low mortgage interest rates. It’s partly a legacy of disappointment with housing as a wealth component after the market... Read more
After the severe storms and flooding that occurred in Missouri in late December and early January, residents in 33 declared counties, including Phelps County, became...
With housing prices rising but wages stagnant, 2016 is likely to be a year of worsening affordability for homebuyers, especially low- and middle-income earners,...
Hiring a contractor to do a major home renovation is difficult for most of us. We’re risking a lot of money, so it’s important to avoid costly mistakes....
The most common question we hear from self-managing rental owners is: “How do I handle a nonpaying tenant?” Even the most seasoned professional property...
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