Housing Wire

SEPTEMBER 12, 2023

Instead of cutting rents, some landlords prefer to throw in one-time concessions to attract renters as vacancies rise, according to a new report from Redfin. Meanwhile, some building owners are raising rents for existing tenants but for not new tenants to bolster returns without scaring off prospective renters. a year earlier.

Landlords 391

Landlords Tenants Marketing Housing Market 391

Appraisal Buzz

JANUARY 16, 2025

Currently, the property management industrys reliance on legacy payout processes can lead to refund errors and delays that inconvenience tenants when moving into their new homes. Evolving Tenant Preferences Today, most renters are digital-first.

Tenants 397

Tenants Property Management Landlords Modernization 397

Housing Wire

OCTOBER 15, 2024

In late August, Fannie Mae and Freddie Mac introduced new minimum standards to be included in tenant leases on GSE-backed multifamily properties. It’s now available to borrowers in all parts of the U.S.

Landlords 410

Landlords Tenants Property Management Legal 410

Housing Wire

AUGUST 29, 2024

The pandemic hangover, which has left many tenants straining to make rent, translates to lower rent collections, and in turn less cash flow, for owners. Mission-based owners also offer tenant services such as meal deliveries, after school tutoring, job placement counseling, and digital literacy training.

Landlords 340

Landlords Tenants Property Taxes Development 340

Housing Wire

DECEMBER 23, 2020

31, but the FHFA has extended that till March 31, 2021, provided landlords are also extending benefits to their renters. A recent report by the Urban Institute found that approximately 12% of landlords with mortgages are in forbearances. Of those landlords, 20% are Black and 14% are Hispanic, while 9% are white.

Tenants 448

Tenants Landlords Mortgage Finance 448

Housing Wire

APRIL 24, 2024

rental sector has benefitted most landlords in this country, from larger multifamily investors to smaller mom-and-pop owners. in addition to intentional property investors, the number of so-called “accidental landlords” has also been increasing since 2018, according to research from TenantCloud. The strength of the U.S.

Investing 438

Investing Tenants Landlords Marketing 438

Housing Wire

JANUARY 10, 2024

Invitation Homes , the nation’s largest single-family rental landlord, has reached a settlement to address accusations it violated California ‘s “rent gouging” laws, the state’s Attorney General Rob Bonta announced on Monday. million in civil penalties. million in civil penalties. million, Bonta’s office said.

Tenants 418

Tenants Landlords Law Legal 418

Housing Wire

SEPTEMBER 24, 2021

But landlords must: Inform tenants in writing about tenant protections available during the property owner’s forbearance and repayment periods; and Agree not to evict tenants solely for the nonpayment of rent while the property is in forbearance.

Tenants 459

Tenants Landlords Mortgage Finance 459

Housing Wire

JANUARY 28, 2021

of rental listings in the country are located in areas that offer tenants protection against source of income or voucher discrimination. Still, federal law does not prevent landlords from rejecting all housing vouchers. The Department of Housing and Urban Development attempted to crack down on landlord discrimination back in 2018.

Landlords 488

Landlords Tenants Law Legal 488

Housing Wire

JUNE 3, 2021

The regulator also extended protections for tenants that property owners must adhere to in order to access forbearance. FHFA made it clear that federal forbearance options include some caveats for property owners, in the form of protections for tenants. Landlords also can’t charge late fees or penalties for non-payment of rent.

Tenants 497

Tenants Landlords Finance Tools 497

Housing Wire

MARCH 4, 2024

Tenant protections are a key priority within HouseATL’s 2023 Strategic Recommendations. As detailed in HouseATL’s recent Saporta Report article , Georgia has a dire shortage of safe, decent, affordable housing and very weak tenant protection laws. The bill has reached the Senate Rules Committee.

Tenants 393

Tenants Landlords Law Real Estate 393

Housing Wire

OCTOBER 4, 2023

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 388

Landlords Agents Brokerage Supply Chain 388

Housing Wire

AUGUST 23, 2024

The DOJ filed a civil suit against RealPage on Friday, claiming that the company’s YieldStar and AI revenue management (AIRM) software allowed multifamily landlords to artificially inflate rents through the sharing of private information. A DOJ official said that additional landlord defendants could be added to the complaint in the future.

Landlords 400

Landlords Counter Offer Real Estate Tenants 400

Housing Wire

DECEMBER 1, 2023

PHAs with tenants in public housing and owners of properties participating in HUD multifamily project-based rental assistance programs would need to provide “written notification at least 30 days” before a court filing for an eviction due to rent nonpayment.

Tenants 471

Tenants Landlords Development Finance 471

Housing Wire

AUGUST 11, 2020

The company partners with institutional landlords, who then offer it to their tenants. The company plans to use the new capital mainly to grow its platform and increase adoption by landlords and renters nationwide. Till launched the analytics-driven platform in April with the goal of reducing evictions by as much as 50 percent.

Landlords 397

Landlords Tenants Property Management Real Estate 397

Housing Wire

JANUARY 27, 2023

The Federal Housing Finance Agency (FHFA), along with Fannie Mae and Freddie Mac , stated in the blueprint that the agencies will consider the establishment of tenant protections to limit “egregious rent increases” for properties purchased with certain types of federal mortgages.

Tenants 403

Tenants Landlords Finance Government 403

Appraisal Buzz

AUGUST 13, 2021

But some real estate professionals say the ban is causing financial harm to small-scale landlords and causing “uncertainty for tenants and housing providers.” ” The post District Court Upholds CDC Eviction Moratorium appeared first on DSNews.

Landlords 370

Landlords Tenants Real Estate Appraisal 370

Housing Wire

JULY 29, 2022

That’s what a congressional subcommittee said happened between Fannie Mae and Invitation Homes , the single-family rental landlord that in 2017 got a $1 billion interest-only 10-year loan from the government-sponsored enterprise. There is little data to track the prevalence of such strategies.

Landlords 370

Landlords Tenants Government Finance 370

Housing Wire

OCTOBER 12, 2023

TransUnion “failed to take steps to ensure the rental background checks that landlords use to decide who gets housing were accurate,” and “withheld, from renters, the names of third parties that were providing the inaccurate information,” the agencies said in a joint statement, leading to an initial $15 million settlement. “We

Tenants 340

Tenants Landlords Law Business 340

Appraisal Buzz

JULY 28, 2021

And while the federal government has distributed some $46 billion in rental assistance to tenants and landlords across all 50 states plus D.C., that … The post CFPB: ‘Rental Assistance Finder’ Serves Landlords appeared first on DSNews.

Landlords 195

Landlords Tenants Government Appraisal 195

Housing Wire

OCTOBER 8, 2024

But as many as 200 real estate agents , brokerage firms and landlords are alleged to have violated this law by discriminating against applicants with federally subsidized Section 8 Housing Choice Vouchers, according to an undercover investigation conducted by the Housing Rights Initiative (HRI). ”

Brokerage 447

Brokerage Landlords Law Realty 447

Housing Wire

DECEMBER 11, 2023

In addition, her office alleges that EasyKnock violated some of Massachusetts’ landlord-tenant laws. “I Some of these changes include lowering rents for some existing tenants and complying with state landlord-tenant laws. Under the terms of the settlement EasyKnock must comply with all landlord-tenant laws.

Tenants 317

Tenants Landlords Law Advertising 317

Housing Wire

JULY 16, 2024

The platform provides tools for both landlords and renters, which the company said is designed to automate and streamline the management process. “As Tenants can use the app to pay rent, generate reports for credit agencies and submit maintenance requests.

Landlords 332

Landlords Tenants Real Estate Agent Property Management 332

Urban

JULY 23, 2021

Assistance could be a lifeline for many tenants and landlords, providing vital funding for much-needed preservation of their homes and properties.

Landlords 207

Landlords Tenants 207

Housing Wire

JUNE 11, 2021

The limits allow tenants to raise a defense in court if they file a form with their landlord stating that they cannot pay rent, have lost income due to the pandemic, and promise to make partial payments.

Landlords 442

Landlords Tenants Government Realtors 442

Housing Wire

JULY 16, 2024

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. Landlords who break the cap would be denied federal tax benefits. Government watchdog Accountable.US

Landlords 482

Landlords Construction Land Management Tenants 482

Housing Wire

JANUARY 10, 2025

Fee waiving RentSpree , a rental platform offering tenant screening and software services, pledged to provide monetary relief. An announcement from the company on Thursday also offered any agent, owner or landlord working with displaced residents that it would refund any application fees.

Real Estate 471

Real Estate Real Estate Agent Landlords Agents 471

Housing Wire

AUGUST 17, 2020

This program is set to focus on preventing evictions and paying up to three months of past due, current and future rent to landlords who are eligible. This program ends on Dec.

Landlords 456

Landlords Tenants Housing Market Real Estate 456

Urban

JUNE 30, 2021

New survey data found that many landlords and tenants are still unaware of the assistance, and confusion about how to access it abounds.

Tenants 165

Tenants Landlords 165

Housing Wire

APRIL 19, 2021

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 386

Landlords Investing Tenants Construction 386

Housing Wire

JULY 27, 2023

Department of Housing and Urban Development (HUD), the Federal Housing Finance Agency (FHFA) and the Consumer Financial Protection Bureau (CFPB) have all renewed their efforts to protect tenants renting in multifamily housing units as costs continue to climb, according to an announcement from the White House. “[HUD], HUD], the U.S.

Tenants 283

Tenants Landlords Government Finance 283

Inman

MAY 2, 2023

When should landlords start the eviction process? Experts share tips on how to deal with delinquent tenants. Should investment property owners be lenient with overdue rent payments?

Landlords 133

Landlords Tenants Investing 133

Inman

NOVEMBER 14, 2023

Jason Roth told Insider that after he rented out his home to Kareem Hunter, the tenant allegedly only paid part of the first month before illegally renting out other rooms in the house on Airbnb.

Tenants 169

Tenants Landlords 169

Housing Wire

MAY 20, 2024

These strategic integrations will provide agents in Utah, Colorado and Texas with an instant “ApplyLink” for rental listings , significantly reducing the time spent processing tenant applications. Additionally, RentSpree’s tenant screening functionality will be seamlessly integrated into the MLS listing modules.

Tenants 348

Tenants Real Estate Agent Real Estate Landlords 348

Appraisal Buzz

JULY 30, 2021

One study shows landlords are doing their part to prevent evictions, from applying for rental assistance to renegotiating lease terms and more. The post How Institutional Property Owners Support Tenants appeared first on DSNews. The post How Institutional Property Owners Support Tenants appeared first on Appraisal Buzz.

Tenants 150

Tenants Landlords Appraisal 150

Housing Wire

JULY 10, 2024

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. Ultimately, after gaining a senior living waiver from the state of California , the family sought to find a better arrangement. “The

Mortgage 435

Mortgage Tenants Construction Landlords 435

Inman

MAY 9, 2023

Here's a few more screening tips landlords might want to consider. An ineffective screening process can fail to block a potential threat to an investment property, experts told Inman.

Landlords 143

Landlords Tenants Investing Property Management 143