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Ex-agent scams buyers in Craigslist dream home story gone awry

For Coty Houston and David Yost, the four-bedroom home they found on Craigslist was love at first listing sight. According to an article on Cleveland.com, the house didn’t signify a new place to lay their heads but a new life, one that would take them out of their current neighborhood plagued with drug activity and into […]

Top comments of the week June 27-July 1

Our readers weighed in on the impact of ‘Brexit,’ technology’s gains and limitations, when social media discussions cross the line and more. Here are our top comments of the week (in no particular order). Kate Howell · Commented on Why the broker-centric model is in decline | Inman Yes, but once again the value I bring […]

Are housing bubbles reinflating in 3 major cities?

Just 10 years ago, easy credit and lax banking lending standards in the U.S. residential real estate market were partly to blame for a housing bubble that popped and caused over 7 million borrowers to lose their homes to foreclosure during the 2008 housing downturn, which triggered the Great Recession and unleashed a global financial […]

Chicago rent growth lagging behind warmer regions

U.S. apartment rents have increased for the third-straight month, according to Yardi Matrix’s monthly survey of 119 markets. June rent rates increased by exactly $10, or 0.9 percent, to another all-time high of $1,213. Rents were up 2.7 percent in the second quarter of 2016 and climbed 5.6 percent on an annual basis. Year-to-date rents […]

Houston rent growth slowing with minimal job growth

U.S. apartment rents have increased for the third-straight month, according to Yardi Matrix’s monthly survey of 119 markets. June rent rates increased by exactly $10, or 0.9 percent, to another all-time high of $1,213. Rents were up 2.7 percent in the second quarter of 2016 and climbed 5.6 percent on an annual basis. Year-to-date rents […]

New construction spending not keeping pace with inventory demand

When real estate agents across the country gather to complain about the things making their lives difficult, one of the top gripes in 2016 has to be “inventory.” Where is the supply to meet buyer demand? This month, the U.S. Census Bureau reported that new private residential construction spending in May was estimated at a […]

Slim DC rent growth expected through 2016

U.S. apartment rents have increased for the third-straight month, according to Yardi Matrix’s monthly survey of 119 markets. June rent rates increased by exactly $10, or 0.9 percent, to another all-time high of $1,213. Rents were up 2.7 percent in the second quarter of 2016 and climbed 5.6 percent on an annual basis. Year-to-date rents […]

What do the new drone rules mean for private property rights?

There has been an excited buzz in the air, and it’s not just the sound of more drones taking flight. It’s the buzz of anticipation surrounding the potential technological advances, business efficiency and capabilities that will come from the recently published Small UAS rules (Part 107 of the Federal Aviation Regulations). The new rule streamlines the […]

Rent and income growth: do they ever trend together?

Does it feel like more of the paycheck is going toward rent? For most metros, renters are spending more of relatively unchanged incomes, according to Apartment List. Some of the most economically unbalanced cities for rent and income growth include Houston, Washington D.C., Boston and San Francisco, according to the website’s rent growth study. By analyzing […]

3 artful tips on how to stage a vacation home this summer

It’s that time of year when clients wish to determine the worth of their summer homes with an eye on that next purchase. When staging properties, especially vacation homes, consider bringing the summer inside by freshening walls with vibrant contemporary art. Spruce up rooms with a fresh coat of warm-hued paint, and add framed images […]

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