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Meeting Renters Where They Are

Appraisal Buzz

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
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Milwaukee housing authority reportedly ‘misused’ millions in federal funds

Housing Wire

Department of Housing and Urban Development (HUD)s Housing Choice Voucher (HCV) program for rental assistance , widely referred to as Section 8 vouchers. The source of the financial discrepancy reportedly came from the misallocation of funds tied to U.S.

Tenants 404
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The Price of Independence: Singles Tax Forcing Buyers Out of the Market 

Appraisal Buzz

According to a recent Zillow Rentals report, the singles taxthe additional cost single tenants pay for a one-bedroom as opposed to splitting rent with roommates or partnershas skyrocketed to a record-high $7,562. This change reflects Bostons increasing tenant affordability issues. Living alone means complete control over a space.

Buyers 221
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12 Questions to Ask Tenant References

BiggerPockets

Getting the right tenants is crucial for having a seamless landlord experience. Here are 12 questions to ask tenant references to ensure they're a good fit.

Tenants 94
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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. It is customary to refer to households that are over this 30% threshold as “rent-burdened.” That percentage is significantly higher in 21 of the 30 biggest metro areas in the nation.

Landlords 195
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Pennymac pulls back on 2021 plan to hire 300+ workers in North Carolina

Housing Wire

million in tenant improvements in North Carolina since 2021, the letter added. Pennymac referred to the letter sent to the North Carolina Economic Investment Committee and declined to comment. Since Pennymac opened doors in Cary, North Carolina three years ago, a total of 68 full time employees worked at the facility as of December.

Investing 436
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Thousands of government-backed mortgages impacted by Maui fire

Housing Wire

The funds will also allow for new housing construction with CDBG funding in declared-disaster areas, and provide flexibility in HOME tenant-based rental assistance requirements “to reduce burden for those seeking assistance.” And, refer to our tips for avoiding scams and fraud that can entrap people trying to help.”