The news many potential homebuyers have been waiting for is finally here: the Federal Reserve is cutting interest rates. Does that mean Bay Area home hunters should turn to Zillow in hopes of finding a cheap mortgage loan? Not yet, say local real estate experts. For the most part, lenders have already factored the interest […]
SAUK RAPIDS – As St. Cloud faces a housing crisis, Sauk Rapids is imposing a 12-month ban on the issuance of new residential rental permits. The Sauk Rapids City Council on Monday night unanimously approved a temporary moratorium on the acceptance of these permit applications, which applies to both short-term and long-term rental properties. According […]
Daft’s latest rental report may give the misleading impression that rents across the country are rising by 7.3 percent annually, with double-digit increases in cities outside Dublin. This would be somewhat paradoxical given that most urban areas have rent controls in place that cap annual increases at two percent. However, Daft’s figures refer to new […]
OLYMPIA – Washington state Attorney General Bob Ferguson has joined with the U.S. Department of Justice and eight state attorneys general to file a lawsuit accusing RealPage, a nationwide revenue management software company, of colluding with landlords to raise rent prices. According to a press release, RealPage is the leading revenue management software system for […]
A look at the latest data from the Department of Housing and Urban Development (HUD) shows an increase of $359 in the average cost of “fair market rent” in Connecticut since the end of 2022, a 23.68% increase from $1,514 to $1,873. That’s according to RentData.org, which pulls data from HUD and reports Fair Market […]
Suzanne Hayes, a single mother living in Connecticut, had built a life around the house she had rented for six years. The house’s location allowed her to stay close to her ex-partner and her children’s schools, making it an ideal place for the family’s daily routine.In February, however, her landlord informed her that the house […]
Mirain Llŷn Roberts from Aberdaron and her family have to live with her parents as their rental home has been converted into an AirBnB property (BBC) Could building your own home be a solution in areas where people say they are struggling with rising property prices? This is the hope of residents like Mirain Llŷn […]
People who rent rooms in a shared apartment from another tenant rather than a landlord may not enjoy the same protections as tenants who rent directly from a landlord, rental industry experts say. In a recent judgment, a tribunal of the Residential Tenancies Board (RTB), which adjudicates disputes between landlords and tenants, found that a […]
“Even with the sticky fingers and small children, we are pretty good tenants,” says Lisa Coleman. For her, a “long-term tenant” in Melbourne’s inner north who lives with her husband and two children, routine rental inspections have always gone better than expected, but often occur at the most inconvenient times. “You’re very busy, or it’s […]
According to a new analysis by Statistics Canada, there were 880 short-term rental units in Prince Edward Island that could have been used as long-term housing in 2023. This corresponds to 1.3 percent of all housing in the province. Only BC recorded a higher percentage of 1.38 percent during the review. For the study, Statistics […]
