Apartments.com and CoStar Group looked at rental markets in the U.S. with more than 50,000 units and have compiled the hottest markets of 2019 according to number of new units, highest rent levels and rent growths, and decreases in vacancies. With 19,522 apartment units built in 2019, Dallas-Fort Worth, Texas, leads the nation with the highest number of new units. For renters looking for a new home in Dallas, there
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ATTOM Data Solutions’ Year-End 2019 U.S. Foreclosure Market Report shows foreclosure filings—default notices, scheduled auctions and bank repossessions—were reported on 493,066 U.S. properties in 2019, down 21% from 2018 and down 83% from a peak of nearly 2.9 million in 2010 to the lowest level since tracking began in 2005. Those 493,066 properties with foreclosure filings in 2019 represented 0.36% of all U.S. housing units, down from 0.47% in 2018
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ATTOM Data Solutions’ Year-End 2019 U.S. Home Sales Report shows that home sellers nationwide in 2019 realized a home price gain of $65,500 on the typical sale, up from $58,100 last year and up from $50,027 two years ago. The latest profit figure, based on median purchase and resale prices, marked the highest level in the U.S. since 2006. That $65,500 typical home seller profit represented a 34% return on
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FCO’s 10 debt collection best practices for rental property managers Even in today’s healthy economy, the residential rent receivables that are written off as uncollectible remain at high levels. According to the National Apartment Association’s 2019 Income and Expense Survey, rents and damages sent for collections range from $79 to $103 per unit per year—or 0.5%-0.8% of Gross Potential Rent, depending on property type. Renters’ debt disputes are more complex
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A Closer Look at the Charm City’s Persistently Resurgent Real Estate Market Baltimore, Maryland, has long been a city of contradictions. Simultaneously holding positions on national “top 10” lists for “new tech hot spots” (Forbes), “top 10 U.S. foodie cities” (Yelp), “best places to live” (Livability), and “most dangerous U.S. cities,” part of the Charm City’s charm seems to be an incorrigible contrarianism. That is great news for its real
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Fred Lewis and Real Investor Roundtable measure their success by yours. When Fred Lewis founded Dominion Group in 2002, he was mainly interested in lending money to real estate investors and acquiring properties. “Our company focused mainly on providing acquisition and construction funds to investors acquiring rentals and doing fix-and-flip transactions, but I quickly also got into buying my own investment properties as well. That was a very opportunistic time
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