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California Realtors discuss post-wildfire changes in Black neighborhoods

Housing Wire

Many Black families moved to these neighborhoods in the 1960s after redlining and interstate construction forced them out of other areas. ” Kalin closed his session with tailored advice for agents who are assisting landlords, buyers, and tenants with wildfire recovery.

Realtors 360
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DataDigest: New data shows how brokerages, agents, landlords & homebuilders were reshaped by the pandemic

Housing Wire

Business Dynamic Statistics data reveal that 2021 was a year of major growth for homebuilders but steep contraction for landlords (called “lessors” in the BDS). Lessors The picture was far less rosy for real estate lessors (typically landlords and real estate investment trusts ) in 2021.

Landlords 448
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Biden unveils housing proposal that includes nationwide cap on rent increases

Housing Wire

Biden’s new plan would cap annual rent hikes at 5% for two years for landlords who manage 50 or more rental units, which the administration said would cover 20 million units, or roughly half of all rental units in the country. Exemptions would be provided to new construction and units with “substantial” renovation and rehabilitation.

Landlords 488
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Why ADUs can be used for aging in place — and how reverse mortgages might help

Housing Wire

But when the apartment’s landlord declared that all units in the building would be renovated and force all current tenants out, the clock began ticking for a solution. After enlisting a local architect who understood the needs of aging, a new ADU of 650 square feet was constructed after four years at a cost of roughly $400,000.

Tenants 476
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Knox Financial announces $10 million in Series A funding

Housing Wire

Knox automates and oversees a property’s finances and taxes, insurance, leasing and legal, tenant and property care, banking, and bill pay. “Its full-service, tech-enabled platform has clearly resonated with first-time investment property owners and career landlords alike,” Hower said. Knox has shown people across the U.S.

Landlords 397
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Real estate investment leaders talk build-to-rent homes and affordability solutions

Housing Wire

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 asks Mullen for a ballpark estimate of how long it takes Pretium to analyze an investment opportunity.

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Gen Z Households Remain Rent-Burdened, but Housing Vouchers Offer Relief 

Appraisal Buzz

For instance, almost three-quarters of Gen Z tenants in cities like San Diego, Los Angeles, and Sacramento are burdened by their rent. The participating household pays the landlord directly with the housing subsidy. This rent cap is based on HUD-constructed estimates of “fair market rent” at the county or metro level.

Landlords 195