CFPB Goes After Contract for Deed Agreements
By Brad Beckett on August 22, 2024
The Consumer Financial Protection Bureau (CFPB) recently released an advisory opinion and research report on a form of home seller financing that is often referred to as contract for deed. The CFPB says their advisory opinion and report are part of their efforts to rid the market of what they say are predatory & exclusionary home lending practices. Click here to read more.
Read moreRV & Boat Storage Rents Outperform Traditional Storage
By Brad Beckett on August 22, 2024
Yardi recently started a new report about the RV & boat storage sector, drawing on their database of nearly 2k, dedicated RV & boat storage properties and more than 15k traditional self-storage properties that offer parking for rent. Click here to read more.
Read moreMore Young Adults Now Live with their Parents Since 1940
By Brad Beckett on August 21, 2024
We have has several posts about the growing trend of more and more young people “staying in the nest” and not striking out on their own. A recent report from Apartment List says more young adults are now living with their parents since 1940. Click here to read more.
Read moreIdentifying & Combating Seller Impersonation Fraud
By Brad Beckett on August 20, 2024
The American Land Title Association says seller impersonation fraud attempts continue to increase as 28% of title companies experienced at least one of these incidents in 2023, according to their recent study. Click here to read more.
Read moreGrocery Store Location’s Impact on Housing
By Brad Beckett on August 16, 2024
Did you know that a Trader Joe’s or an ALDI near your property might increase its ROI? This is according to ATTOM Data’s recent report “8 Ways Neighborhood Data Influences Property Values and Real Estate Decisions.” Click here to read more.
Read moreFour Steps to Safely Show a Property
By Brad Beckett on August 14, 2024
On a recent episode of the Rent Perfect podcast David Pickron says with the rise of criminal activity across the country and in our industry, it’s critical to protect your personal safety when showing one of your rental properties. Click here to read more.
Read morePacific Legal Foundation Asks Michigan’s Supreme Court to Review Unconstitutional Tax Foreclosure Scheme
By Brad Beckett on August 13, 2024
The Pacific Legal Foundation recently announced that a Michigan mom has asked the Michigan Supreme Court to affirm her constitutional right to just compensation after Manistee County foreclosed on the home that she and her boys lived in, sold it, and unconstitutionally kept $102,636 more than she owed. Click here to read more.
Read moreYardi Matrix Says Multifamily Rent Growth is Weak
By Brad Beckett on August 12, 2024
According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rent was $1,753 (up $4) in July, 2024. Year-over-year growth was unchanged at 0.8%. Click here to read more.
Read moreCities with the Highest Rent in 2024
By Brad Beckett on August 9, 2024
Infographic: The Visual Capitalist says rental prices have surged in several American cities in recent years. Citing data form Zumper, they say such factors such as inflation, limited housing inventory, and barriers to homeownership have all contributed to the increase in rent costs. Click here to read more.
Read moreRealtor.com’s Top Markets for Renters 2024
By Brad Beckett on August 7, 2024
What are the top markets for renters in 2024? Realtor.com says we’re now in the second half of the peak rental season, so with that in mind, they produced a new report with top rental markets with cities offering a great combination of affordable rental options and job opportunities. Click here to read more.
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