From Urbanturf.com: Class A apartment rents in the region changed little in the second quarter of 2015 versus the previous year, according to a report out late last week. But in a few pockets, rents rose even as new product continued to hit the market. The report from Delta Associates analyzing the regional apartment market […]
Check out this interesting article from Urban Turf. Almost half of DC area renters are burdened by housing costs, according to a study published by Harvard University’s Joint Center for Housing Studies. The report defines “burdened” as residents who pay more than 30 percent of their income in rent. Overall, 368,900, or 46 percent, of […]
The April 2015 edition of Matrix Monthly, a report on U.S. apartment market trends from Yardi, documents a 4.3 percent year-over-year increase in average rents across the country. The average multifamily rent of $1,105 in April represented a one-month increase of 0.7 percent. The all-time high of $1,108 was recorded in February 2015. Strong rent […]
Before you rent out your place, you should know what your responsibilities are.
Good tax information for rental home owners.
What’s the most important applicant screening criteria when renting your property? Here are four things to look for when reviewing a screening report to ensure you choose the best applicant: A Good Credit Score A good credit score is a great first indicator that an applicant may be a reliable resident. However, not everyone with […]
A simple decision to rent your current home instead of selling it when moving to a new home could have far reaching consequences.If you have a considerable gain, in a principal residence and you rent it for more than three years, it can lose the principal residence status and the profit must be recognized.Section 121 […]
Recently, an analysis of the Washington D.C. area (and other metropolitan areas nationwide) housing stock was released by the U.S. Census Bureau, and sure enough, the data (vintage 2013) told us several things that we kinda already knew: Renters in D.C. are paying quite a bit – almost 40% of renters in D.C. are […]