Todays Rental News

New Service Helps Residents Pay Rent On Time, Every Time

Tim Ballering — Sat, 17 Mar 2012 00:52:22 +0000

The watchdogs that didn’t bark | Reuters

Tim Ballering — Sat, 24 Dec 2011 23:14:04 +0000

(Reuters) – Four years after the banking system nearly collapsed from reckless mortgage lending, federal prosecutors have stayed on the sidelines, even as judges around the country are pointing fingers at possible wrongdoing.

via Reuters.

Is it legal to sub rent on Airbnb?

Tim Ballering — Sat, 24 Dec 2011 23:12:49 +0000

The law was created to target residential buildings illegally converted into makeshift hotels, but still applies to those who rent out their room for a night or two on popular sites like Airbnb.com.

via Metro – Tenants run risks in renting rooms.

Sign of the times: Accidental landlords

Tim Ballering — Thu, 15 Sep 2011 13:20:24 +0000

Stuck with homes they no longer live in but cant sell, owners who dont want to walk away are reluctantly resorting to renting them out to try to cover expenses.

via StarTribune.com.

Landlord refused to rent to single mom

Tim Ballering — Thu, 15 Sep 2011 12:19:24 +0000

A federal housing agency is accusing a western Wisconsin landlord of refusing to rent a rural house to a single mother because there was no man to live with her “to shovel the snow,” but the property owner said Saturday that she was simply watching out for the womans welfare.

“Fairness dictates, and the Fair Housing Act requires, that housing decisions not be based on outmoded stereotypes of people’s `place’ in our society,”

via Journal Times.

Dying Residential Construction Industry

Tim Ballering — Thu, 18 Aug 2011 14:14:42 +0000

You’d have to think that, at some point, the Commerce Department is going to lose interest in reporting the monthly housing starts data since, if the graphic below were an EKG, the patient would clearly be dead.

via Seeking Alpha.

NYs Rent Too Damn High candidate faces eviction

Tim Ballering — Sat, 06 Aug 2011 01:20:48 +0000

A candidate who ran for New York governor because “the rent is too damn high” says hes being evicted from his rent-controlled Manhattan apartment because his landlord wants to charge a new tenant more.

via MiamiHerald.com.

Government Considering Renting Foreclosed Homes

Tim Ballering — Tue, 26 Jul 2011 09:34:38 +0000

The Obama administration is examining ways to pull foreclosed properties off the market and rent them to help stabilize the housing market, according to people familiar with the matter.

via WSJ.com.

Homeownership advocates suing HUD and criticizing Obama

Tim Ballering — Tue, 26 Jul 2011 00:01:55 +0000

The Neighborhood Assistance Corporation of America (NACA), who claims to be the largest homeownership organization in America is criticizing President Obama and the U.S. Department of Housing and Urban Development claiming both have been ineffective in helping the American homeowners.

via agentgenius

High cancellations depress homes sales

Tim Ballering — Tue, 26 Jul 2011 00:01:41 +0000

Sales of previously owned U.S. homes hit a seven-month low in June as demand for condominiums fell and contract cancellations surged, dampening hopes the distressed housing market was starting to improve.

via Reuters.