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House votes to increase HUD budget by $12.6B

Housing Wire

House of Representatives voted this week to give the Department of Housing and Urban Development an 18% increase in funding for information technology. The House bill would allocate $383 million for HUD’s information technology fund, an increase of $60 million from 2022. That is $12.6 The bill would set aside $16.7 billion.

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The role of consumer transaction data in increasing homeownership access

Housing Wire

Fortunately, modern advancements in data intelligence offer lenders a way to reincorporate that process without all of the hassle. Rent is often the most significant payment that a consumer makes each month, but not all landlords submit consumers’ rent payment history to the credit bureaus.

Landlords 416
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7 Best Books for Rental Property Managers [in 2022]

The Robert Weiler Company

They want to learn about the latest technology, laws, and regulations. Some of the tips you’ll find include marketing for available rental spaces, increasing curb appeal, and updating the apartment building and rental space for lease to include modern features and amenities sought by today’s renters. Author: Mike Butler.

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14 Best Commercial Real Estate Investment Blogs, Books & Podcasts

The Robert Weiler Company

Technology has transformed every part of our lives, so it’s no surprise that the commercial real estate industry is any different. CREtech focuses solely on the technology aspect of commercial real estate. It’s a comprehensive commercial leasing guide for CRE investors, owners, landlords, property managers, and tenants.

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Wall Street SFR firms accused of stripping equity from neighborhoods

Housing Wire

Just over a decade ago, no single landlord owned more than 1,000 homes,” said Jim Baker, executive director of the Private Equity Shareholder Project , one of five witnesses who testified before the subcommittee on June 28. They are, she explained: 1.) imposing large rent increases; 2.) adding large fee increases; 3.)

Tenants 395
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Don’t Miss Out on Warehouse Space for Sale – The Recession-Proof CRE Sector

The Robert Weiler Company

The warehouse real estate industry is currently considered a landlord’s market, particularly in Ohio. Ohio is already home to 50 data center warehouse facilities owned by technology and retail giants like Honda, Amazon, Google, and Meta’s Facebook, with Intel and Cologix moving into the area soon.

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Functional Obsolescence for Appraisers

Appraisal Today

Functional obsolescence may or may not be caused by trends in buyer or market preferences, outdated design, or even advances in technology. A home with radiator heat and window unit air conditioning may be seen as functionally obsolete, and thus less valuable, as more modern homes have forced air furnaces and central air conditioning.