Residential, US Real Estate

Is 30% of Their Income Still the Reality for Renters?

By Michele Dawson | September 25, 2012
An increasing number of Americans renters are becoming saddled with rents that exceed the industry norm of 30 percent of a family’s income, according to figures recently released by the U.S. Census Bureau.
Investing, Residential, US Real Estate

Cash Buyers Driving Sales In Housing Market

By Donna S. Robinson | March 28, 2012
Many, if not most of the major markets across the U.S. are reporting an uptick in home sales activity. But these are not your new, first time home buyers with FHA loans that are driving this increase, it's real estate investors and foreign buyers.
US Real Estate

New Law Allows California Landlords to Restrict Smoking

By Tavis J. Hampton | February 3, 2012
The Smokefree Housing Law (SB 332) went into effect in California on January 1, 2012, giving multifamily property owners and managers the power to prohibit smoking in rental units. Like many of the public smoking bans in the areas across the United States, the Smokefree Housing Law is aimed at curbing secondhand smoke. Although many […]
US Real Estate

Three Real Estate Agents Arrested in California Loan Scam

By Tavis J. Hampton | December 16, 2011
The California Attorney General’s office announced last week that they had arrested three real estate agents in Stockton for allegedly collecting money up front for loan modification services, a practice which is illegal.  The three now face several felony and misdemeanor charges, including conspiracy, false advertising to the public, and grand theft. The growing number […]
US Real Estate

California Home Sales Increased in November, Report Says

By Tavis J. Hampton | December 16, 2011
Monthly and annual home sales numbers increased in November, according to a new report by the California Association of Realtors (C.A.R.). Sales of single family detached homes were up 2.1 percent, and that is good news for real estate professionals. In October, single family home sales reached 493,140, and in November, they topped 503,570 units, […]
Realtors, US Real Estate

ZipRealty Agree Settlement Over Agent’s Pay

By Mike Wheatley | December 1, 2011
Four real estate agents in California who claimed that their employer paid them less than the state’s minimum wage while also refusing to pay overtime have a reached a settlement with the company, Bakersfield reports. Their employer, ZipRealty, agreed a total payout of $586,068 for the four employees. Discussing the background to the case, Christine […]
Real Estate, US Real Estate

More Americans Are Deciding To Stay Put As Recession Hits Home

By Mike Wheatley | November 1, 2011
People in the U.S. are no longer flocking to the southern states to bask in the warm sunshine in the numbers that they used to before the housing crisis hits home, according to a new study. The Carsey Institute at the University of New Hampshire found that the trend of migration from colder northern states […]

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