Multifamily Owners Also Holding on to Property
It’s not just single-family owners holding onto homes: Multifamily owners have lengthened their hold periods due to cap rates, inflation and market dynamics.
Fed Meets: Expect 3 Interest Rate Hikes in 2022
In an abrupt policy shift, the Fed will also stop economy-boosting bond purchases twice as fast as planned, and possibly halt that program altogether in March.
Evictions Slowly Rise After Ban Ends
Pundits who predicted a wave of rental evictions after the ban ended were wrong, in part because the process takes time. But evictions seem to be picking up.
1 in 5 Buyers Single Women – Twice the Percentage of Men
Single men and women buy homes for the same reason – a desire for ownership – but while 19% of all homebuyers are female, only 9% are men.
DOJ Reaches Record Sexual Harassment Settlement: $4.5M
A N.J. landlord will pay $4.5M to settle DOJ’s lawsuit and an additional $107K civil penalty – the largest amount allowed under the Fair Housing Act.
Citizens’ Board Rejects 8% Rate Hike, Asks for 11%
After the Fla.-owned property insurer’s staff announced its recommendation – an 8% average policy rate increase – the board rejected it and now wants a full 11%.