Housing Wire

JANUARY 3, 2024

As a result, districts across the country, including in Colorado , have decided to partner with – or even become – homebuilders and landlords. It has shown a willingness to absorb operational losses as a landlord, losing almost $2 million last year and almost $5 million since 2015.

Landlords 458

Landlords Home Value Construction Renovations 458

Housing Wire

APRIL 18, 2023

However, because of the COVID-19 delays, we are still working through a backlog of homes under construction. As you can see in the chart below, we have a historic number of 5-unit construction in the works. As we can see in the chart below, the single-family units under construction are already falling as they should.

Mortgage 501

Mortgage Construction Supply Chain Housing Market 501

Housing Wire

JULY 8, 2024

We are pleased to partner with Shawn and the Archwest team to deliver dynamic financing solutions to home builders , renovators and landlords who are expanding and improving the critically undersupplied U.S. Its product mix includes fix-and-flip loans, bridge loans and construction loans.

Investing 376

Investing Legal Lending Landlords 376

Housing Wire

OCTOBER 2, 2024

He also mentions Pretium’s evolution from targeting single-family rentals to other assets, with a greater focus on technology and operational efficiency to better serve landlords and tenants. Burns follows up with a question on how Pretium’s construction lending platform sets them apart, as well as the company’s interest in land banking.

Real Estate 459

Real Estate Investing Landlords Tenants 459

Housing Wire

JANUARY 19, 2023

High inflation has reduced consumers’ purchasing power, which has led to weakened sales and construction across all 12 Federal Reserve districts. Housing markets continued to weaken, with sales and construction declining across [all 12 Federal Reserve] districts,” according to the Federal Reserve Beige Book released on Wednesday.

Inventory 410

Inventory Housing Market Marketing Construction 410

Housing Wire

FEBRUARY 8, 2022

Supply-side” solutions that focus on new construction and the preservation of the existing housing stock are equally important. We can also invest in and deploy new construction technologies, like 3D printing, which could save time and reduce costs. Low housing inventory.

Construction 370

Construction Investing Landlords Development 370

Housing Wire

JULY 13, 2023

“Instead of lowering rents when business is slow, many landlords offer perks like a free month’s rent or discounted parking, which tends to be less of a hit to profits.” This means landlords have more vacancies to fill and less leeway to raise prices, according to the report.

Landlords 274

Landlords Brokerage Construction Marketing 274

Housing Wire

DECEMBER 28, 2023

Leaders in Colorado districts are entering the housing market in a variety of ways, including engaging in partnerships with developers, constructing tiny homes and even becoming landlords, according to a story published by the Denver Post.

Housing Market 426

Housing Market Marketing Landlords Development 426

Housing Wire

SEPTEMBER 13, 2023

Additionally, apartment construction is strong , which puts an additional pressure on landlords to avoid vacancy. Meanwhile, rent growth slowed considerably and median rents nationally fell year-over-year in August, according to Sturtevant. In the second quarter of 2023, the national vacancy rate was 6.3%, up from 5.6% a year earlier.

Landlords 358

Landlords Insurance Construction Realtors 358

Housing Wire

OCTOBER 13, 2022

If we do really see wage growth at the bottom end, landlords will ask for more rent.” – Logan Mohtashami. If we do really see wage growth at the bottom end, landlords will ask for more rent.” More multifamily construction is coming online which means we will have more supply of rental units.

Landlords 449

Landlords Mortgage Construction Marketing 449

Housing Wire

JANUARY 13, 2023

Those deals involve investment properties owned by individuals or small “mom and pop” landlords and do not include securitizations undertaken by large institutional owners of investment properties — the so-called Wall Street investors. That includes rentals owned by so-called mom-and-pop landlords — with 10 or fewer properties.

Marketing 433

Marketing Investing Investors Landlords 433

Housing Wire

JANUARY 19, 2025

And landlords are already smelling an opportunity to raise list prices, despite laws designed to prevent that. Proposition 13 caps property tax increases at 2% annually unless theres a change in ownership or new construction, in which case the valuation resets its current market value. But homeowners do have a few options for relief.

Property Taxes 304

Property Taxes Insurance Valuation Transportation 304

Appraisal Buzz

OCTOBER 29, 2024

The Asian Americans for Equality (AAFE) community development organization also supports ADU renovations through its Landlord Repair Fund, helping to bring non-compliant ADUs up to code and ensure safety for residents. However, nonprofits face several challenges in implementing ADU initiatives.

Renovations 221

Renovations Construction Development Landlords 221

Housing Wire

AUGUST 16, 2024

But multifamily construction starts have slowed , which is good news for landlords looking to increase rents. Although demand for rentals remains strong, rent prices have shown slow growth due to a bevy of new apartments hitting the market, creating competition for tenants.

Investors 433

Investors Tenants Real Estate Property Taxes 433

Housing Wire

MAY 3, 2023

That, in turn, could flatten out rent increases and put greater financial pressures on [SFR] landlords.” That suggests a brightening picture for single-family landlords, which should help them with rising interest and labor expenses.”

Marketing 410

Marketing Real Estate Housing Market Landlords 410

Housing Wire

JULY 13, 2023

“Instead of lowering rents when business is slow, many landlords offer perks like a free month’s rent or discounted parking, which tends to be less of a hit to profits.” This means landlords have more vacancies to fill and less leeway to raise prices, according to the report.

Landlords 210

Landlords Brokerage Construction Marketing 210

Housing Wire

SEPTEMBER 20, 2023

Additionally, apartment construction is strong , which puts an additional pressure on landlords to avoid vacancy. Meanwhile, rent growth slowed considerably and median rents nationally fell year-over-year in August, according to Sturtevant. In the second quarter of 2023, the national vacancy rate was 6.3%, up from 5.6% a year earlier.

Housing Market 429

Housing Market Mortgage Landlords Marketing 429

Housing Wire

DECEMBER 19, 2023

More than 60% of rental properties are absent from MLSs, curtailing exposure and profitability for agents and landlords alike. Construction of new units, as highlighted by a recent Zumper National Rent Report, contributes to a market dynamic where prices will continue to decrease in numerous regions.

Real Estate 465

Real Estate Marketing Technology Tenants 465

Appraisal Buzz

JULY 8, 2024

But a now sizeable share of single-family homes are purpose-built single-family rentals according to recent construction data. According to Apartment List, single-family rentals are typically operated by a mom-and-pop landlord or a small institutional investor.

Construction 195

Construction Investors Landlords Tenants 195

Appraisal Buzz

MAY 24, 2021

This tactic uses the land’s price, plus the construction fees and minus depreciation. It’s generally the most accurate approach to determining how much the landlord can charge for rent after purchasing the property. Then, you multiply your numbers by the Gross Rent Multiplier to arrive at the property’s fair market value.

Appraisal 397

Appraisal Tenants Buyers Landlords 397

Appraisal Buzz

JULY 11, 2024

Two reasons builders are seeking fewer permits are: Elevated interest rates have made it more expensive to borrow money for construction projects, AND there’s already a near-record number of new multifamily units hitting the market due to a building boom in recent years, making it difficult for some property owners to find tenants.

Tenants 195

Tenants Construction Landlords Development 195

Housing Wire

AUGUST 2, 2022

Despite the year-over-year increase in both listing and closed listings, rising interest rates, combined with a continued pandemic-related material shortages and construction delays, suggest that the shortfall of affordable rentals is unlikely to reverse before the end of 2022,” the HouseCanary report states.

Marketing 394

Marketing Real Estate Landlords Investors 394

Housing Wire

DECEMBER 20, 2021

I have never believed in the housing construction boom premise as mature economies don’t have construction booms with slowing population growth. The housing market is already dealing with too much rent inflation, but as wage growth picks up on the lower end, this means landlords will charge more rent. More on that here.

Housing Market 540

Housing Market Inventory Mortgage Marketing 540

Appraisal Buzz

SEPTEMBER 23, 2024

Every renter will have their own priorities so it’s important for a property manager or landlord to list everything a unit has to offer.” Zillow’s latest Rental Market Report finds a slew of new construction apartment buildings have hit the rental market following a pandemic-era building boom.

Tenants 221

Tenants Advertising Landlords Property Management 221

The Robert Weiler Company

APRIL 5, 2023

Almost one-third of new warehouse space for lease is snatched up before the construction project is complete. Renters are outpacing the construction of industrial units and warehouses. Ask your current landlord. What landlord will turn down money in advance? One way to make this happen is with rent pre-payment.

Landlords 144

Landlords Tenants Logistics Real Estate 144

Housing Wire

JUNE 21, 2022

Yes, there are some government programs that provide construction components on permanent loans, but they are not ideal for inexperienced home buyers. There’s an even more subtle consideration. Most financing to acquire a home in need of updating or repair is short-term and relatively expensive.

Investors 418

Investors Renovations Inspection Government 418

DataMaster

JUNE 16, 2021

The number of constructed homes dropped below the million mark in 2008 for the first time since 1992. Clearly, construction is not keeping up. the rate of construction has decreased over the last couple of decades! Getting current landlords to sell would take some heavy incentives. either quit or lost their jobs.

Construction 174

Construction Law Landlords Development 174

Appraisal Buzz

OCTOBER 23, 2024

The participating household pays the landlord directly with the housing subsidy. The difference between what the landlord actually charges and what the program subsidizes is subsequently paid by the household. This rent cap is based on HUD-constructed estimates of “fair market rent” at the county or metro level.

Landlords 195

Landlords Tenants Inventory Marketing 195

Simonson Real Estate

JULY 10, 2020

Leased Fee Interest – Defined as the ownership interest held by the landlord, which includes the right to receive the contract rent specified in the lease plus the reversionary right when the lease expires. New construction or planned renovations – Actual construction cost statements, plans, material specifications, etc.

Appraisal Process 148

Appraisal Process Appraisal Market Value Tenants 148

Housing Wire

OCTOBER 17, 2023

That reality appears to have helped convert more than a few fix-and-flippers to the role of short-term landlords in the SFR market. The National Association of Home Builders estimates that 69,000 BFR homes started construction last year, up 33% year over year. That estimate includes only homes built by builders and held for rent.

Investors 376

Investors Investing Inventory Real Estate 376

The Robert Weiler Company

JANUARY 27, 2023

Add in the aftermath of COVID-19 with lingering supply chain shortages, inflation, and a severe housing and construction crisis, and it’s clear that in many respects, Columbus is bucking several trends while simultaneously pioneering new ones. But these broad strokes barely scratch the surface of Columbus’ full potential.

Real Estate 148

Real Estate Supply Chain Construction Development 148

Simonson Real Estate

DECEMBER 6, 2022

In 2022, Simonson Appraisals completed a steady stream of financing assignments with planned new construction or significant proposed renovations. On several occasions, we were presented information about construction or renovation plans well after the initial assignment was started. Signed lease documents, detailed rent roll, etc.

Appraisal Process 78

Appraisal Process Real Estate Appraisal Renovations 78

Robinson Appraisal Group

MARCH 22, 2018

The vast majority of new construction is for move-up products vs. entry level homes. Landlords do not want to sell: millions of homes were purchased by investors during the foreclosure crisis and rents continue to rise faster than home prices. So, there is no sense of urgency for them to move. And lastly…the all mighty investor.

Advertising 78

Advertising Landlords Real Estate Inventory 78

DataMaster

JUNE 16, 2021

The number of constructed homes dropped below the million mark in 2008 for the first time since 1992. Clearly, construction is not keeping up. the rate of construction has decreased over the last couple of decades! Getting current landlords to sell would take some heavy incentives. either quit or lost their jobs.

Construction 78

Construction Law Landlords Development 78

DataMaster

JUNE 16, 2021

The number of constructed homes dropped below the million mark in 2008 for the first time since 1992. Clearly, construction is not keeping up. the rate of construction has decreased over the last couple of decades! Getting current landlords to sell would take some heavy incentives. either quit or lost their jobs.

Construction 78

Construction Law Landlords Development 78

Empire Appraisal Group

DECEMBER 28, 2022

Constructing an ADU could increase your property value while providing rental income or extra living space for a family member. Some people may prize the ability to rent out the ADU for extra income, while others won’t want to be landlords. Then again, adding an ADU could be an expensive hassle you live to regret.

Law 78

Law Legal Construction Property Taxes 78

Empire Appraisal Group

JULY 6, 2022

s rising demand and lack of construction will probably offset a potential cooldown. Landlords note that their costs are going up also with non-homesteaded properties getting hit with tax hikes and higher insurance premiums. Unlikely to Feel Impact from Slowing Market. Wary buyers and rising interest rates may affect some U.S.

Marketing 78

Marketing Landlords Real Estate Tenants 78