RSS News & Updates

  • Spring Fertilization Tips March 22, 2019
    Spring is here! (the first day was March 20th) Which means now is a great time to start thinking about your property’s landscaping – whether it’s a rental house or a flip you’re about to spruce up, a nice lawn will certainly add value and improve curb appeal!  The folks over at The Home Depot […]
  • Airbnb Buys Last-Minute Hotel Booking Site March 21, 2019
    Airbnb is buying last-minute hotel room booking site HotelTonight, firmly moving them into the hotel room booking business.  According to travel news site Skift, Airbnb will be paying in excess of $400 million in cash and stock.  The deal is expected to close in June. “Airbnb CEO and co-founder Brian Chesky said the purchase of […]
  • Yardi: Annual Growth in Multifamily Rent Highest Since 2016 March 21, 2019
    According to the latest Yardi Matrix, U.S. multifamily rents rose slightly in February, coming in at $1,426 with year-over-year growth holding firm at 3.6%.  Yardi reports that this annual growth rate is the highest since late 2016. “The staying power of the cycle is a major concern in a market that has had an unusually […]
  • Owner-Occupied Households Experience Third Straight Year of Growth March 20, 2019
    According to recent Census data analyzed by the Mortgage Bankers Association, owner-occupied households saw an increase of 1.6 million in 2018, marking the largest annual increase since 2004.  In addition, they said that after nine years of mostly contraction in owner-occupied households, 2018 was the 3rd straight year of growth. “From 2007 to 2016, which […]
  • Single-Family Rental Returns Up 8.8% March 20, 2019
    According to ATTOM Data’s Q1 2019 Single Family Rental Market report, the average annual gross rental yield (annualized gross rent income divided by median purchase price of single-family homes) among the 432 U.S. counties was 8.8% in Q1 of 2019, up from an average of 8.7% in 2018.  Using data from HUD and their own […]
  • IRS Sitting on $1.4 billion in Refunds from Unfiled 2015 Tax Returns March 19, 2019
    As tax season kicks into full gear the IRS recently reminded folks that they are sitting nearly $1.4 billion in tax refunds from an estimated 1.2 million taxpayers who did not file a 2015 Form 1040 federal income tax return.  However, in order to claim these refunds taxpayers must file their 2015 tax returns with […]
  • Rent Growth Hits 10-Month High March 19, 2019
    A new report from Zillow says that rent growth has hit a 10-month high as appreciation in home values is dropping sharply.  Their data show that rent prices grew on an annual basis at their highest rate since April, after decreasing for the first time in six years last Fall.  However their economist says millennials […]
  • Property Taxes by State March 18, 2019
    We have had several posts about property taxes and their importance to your bottom line and your property’s value.  The NAHB’s Eye on Housing says that property taxes can vary widely across states both in terms of annual taxes paid as well as effective tax rates.  There data show some interesting corollaries with those states […]
  • The Most Expensive Neighborhood in Every State March 18, 2019
    What are the most expensive neighborhoods in the country?  Well, if you have to ask……The data-crunchers over at recently put pen to paper and calculated the median listing price for every ZIP code in America to come up with the most expensive neighborhood in every state.  Does yours make the list? “…There’s no other […]