“Based on data from the Census Bureau, we estimate that about 3.5 million housing units currently sit vacant, above and beyond normal seasonal and frictional vacancies.” They calculated a range of 2.5 to 4.5 million units based on different assumptions.
via Calculated Risk
Given the renewed housing bust what might one expect going forward?
A senior economist for Wells Fargo believes it is unreasonable to expect more than 3% growth going forward as long as housing remains deeply underwater.
New York City may have an epidemic of bedbugs but that doesn’t mean a Fox News employee can sue her employer’s landlord over bedbug bites she suffered at work, a judge has ruled in a case of first impressio
New York City may have an epidemic of bedbugs but that doesn’t mean a Fox News employee can sue her employer’s landlord over bedbug bites she suffered at work, a judge has ruled in a case of first impressio
If you have ever owned a rental property, chances are you have had to deal with late rent payments. Unfortunately, as a landlord, this simply goes with the territory. As common as this is however, I often see investors caught off guard when they first encounter a tenant who is late with the rent.
via biggerpockets
• The percent of residents moving out to purchase a home was at 12%; an all time record low we are starting to feel the “hate” for owning.
via Calculated Risk
