Citigroup bank recently launched a program which included renting out 500 homes to homeowners who were behind on their mortgages, rather than put the loans in foreclosure and make the owners leave the property. There is however more to the story that explains that Citigroup actually does not own the mortgages. Recently Citigroup sold $158 [...]
If you are a home owner who is unable to sell their home you may want to consider renting out your home. The rental market continues to grow and the pool of renters has grown greatly in the last few years. If you are not experienced in renting, there are many property management companies available [...]
States License Requirements For Residential Real Estate Leasing and Property Management IMPORTANT: This information is intended for informational purposes only and under no circumstances should it be considered legal advice or relied upon without first confirming its contents with your state real estate commission. Laws are updated frequently, and this information may not reflect the current [...]
This information is based on the vacancy rate of unoccupied homes. As of the 2010 Census, there were approximately 15 million vacant housing units in the country, with an 11.4 percent gross vacancy rate nationwide. Check out the full report. So who are the 10 emptiest cities? Tucson, Arizona - Rental vacancy rate: 15.9%; Homeowner vacancy rate: [...]
Harvard’s Joint Center for Housing Studies released its annual report on the state of the nation’s housing. Here are a few of their facts: Declines in the national homeownership rate accelerated in 2011 as increasing numbers of households opted—or were forced by foreclosure—to rent. The recession helped to dampen the rate at which young people [...]
With the downturn in the market many have changed the American dream from owning a home to renting a home. While a home is a main source of wealth for many it does come with numerous heft expenses. In a rental property situation the landlord covers the costs of property taxes, home insurance and emergency [...]
Renters Warehouse Saw Record Growth in 2011 Despite It Being a Down Real Estate Market. America’s fastest growing property management company continues to hire and implement technology to grab more market share. Renters Warehouse announces some of their biggest accomplishments that made 2011 a banner year. These accomplishments are what has set the company apart [...]