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“Apartment rents have dropped by nearly 15% in two years, which is warp speed for the housingmarket. What’s more, operating costs for apartment and SFR (single-family rental) operators are up significantly since 2019 due to higher propertytaxes, insurance, and payroll costs.
years, according to recent data, when it was only about five years just before the housingmarket crash of 2007. Census data suggest that more than 2M additional homes will reach their “prime remodel” years through 2027 – a time when homes tend to undergo their first major kitchen and bath renovations. of shoreline.
Starting mid-2027, insurers operating in Washington will be mandated to furnish written notices to policyholders facing premium hikes of 10% or more, elucidating the primary factors driving the change. On the whole, people should continue to buy and sell when they need and not based on who is in the White House come 2025. about $67K.
Projections indicate that Washoe County could run out of developable land by 2027, while Clark County may face the same challenge by 2032. Growth in many rural areas of our state is currently constrained by the lack of developable land, Lombardo wrote. Washoe County encompasses Reno, while Clark County contains Las Vegas.
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