Tag Archives: Rental Properties

Looking at trends in incomes, home values, and rental prices in the third quarter, Zillow estimates that U.S. homeowners spend on average 15.3 percent of their income on monthly mortgage payments. For younger homebuyers, who typically make smaller down payments, that figure is only slightly higher: 17.4 percent.

In a report released Tuesday, market research firm ORC International revealed 59 percent of investors are interested in dipping their toes into SFR properties, citing the associated tax benefits and the potential for higher cash flows than traditional fixed-income products. At the same time, without the same resources institutional investors have, the majority of individuals surveyed said they would need outside help.

A recent break-even horizon analysis by Zillow finds buying a home remains a better longer-term financial decision than renting in half of U.S. metros. "Rents keep rising, and mortgage interest rates remain very low, which is helping to skew the rent vs. buy decision toward buying for those who can afford it," said Zillow chief economist Dr. Stan Humphries.

Think home inventory will see a big boost as owners gear up for the spring shopping season? Survey results from Redfin suggest otherwise. In a poll of more than 1,900 homebuyers across 22 major metro areas, the online broker found 39 percent of homeowners have plans to rent out their existing home after buying a new place—limiting the number of supply coming to the market.

WDB Funding, LLC, announced the appointment of Andrew Pollock as the firm's president and CEO. Pollock brings 25 years' experience heading large-scale lending operations to his new role, where he is responsible for providing day-to-day leadership, managing operations, and executing the strategic direction of the company.

According to a release, Freddie Mac issued a record $28 billion in multifamily securities in 2013 through 19 of its K-Deals. Those figures are up from $21.2 billion through 17 K-Deals in 2012.

Carrington Property Services announced it is taking over property management responsibilities on rental properties owned by capital management firm Gorelick Brothers Capital.

Despite rising interest rates, owning a home is still significantly cheaper than renting, according to Trulia's Summer 2013 Rent vs. Buy Report.

Vacancy rates in commercial real estate (CRE) markets are projected to continue declining at a moderate pace as rent grows modestly.

Federal affordable housing efforts may be responsible for perpetuating racial segregation, the Fair Housing Justice Center (FHJC) says in a new report. The report, titled "Choice Constrained, Segregation Maintained: Using Federal Tax Credits to Provide Affordable Housing," centers on an analysis of ten years of data on affordable housing developed under the federal Low Income Housing Tax Credit (LIHTC) program. The center obtained data from three tax credit allocation agencies in New York.