Jacksonville City Council members want to crack down on crime at rental properties by holding landlords more accountable — and the Jacksonville Sheriff’s Office is collaborating with them on a bill.
Councilman Jim Love is proposing a mandatory countywide rental registry. He said if a complex or single-family home has too many police calls, the owner or manager would have to pay a fee and meet with police to create a remedial action plan, and then follow up quarterly to see if it’s working.
“This allows us to first of all know who’s in charge, whether it be a management company or the owners, so we can contact them and say, ‘Hey, you have a problem,’ “ he said. “Once we determine what it is, then JSO will help them to make sure that maybe crime doesn’t continue to happen in that same location.”
Landlords sued Los Angeles in a federal class action this week, claiming a rental ordinance gives city officials and employees law enforcement-like powers that violate protections against unlawful searches and seizures.
Pasadena landlord Brandi Garris and Venice landlord Jason Teague on Wednesday also sued Los Angeles Housing and Community Investment Department, formerly known as the Housing Department. They claim that City of Los Angeles Housing Code is “facially unconstitutional,” under the Fourth Amendment, and allow city employees to seize evidence and make arrests.
The nation’s fastest-growing home values are no longer in their traditional California markets, having shifted to markets in Florida, Texas and Tennessee, according to Zillow’s latest Real Estate Market Report.
U.S. home values are up 7.2 percent over the past year, to a Zillow Home Value Index of $195,300, with some new growth leaders seeing annual home values leap by double-digits.
As Wall Street backs off of buying rental homes, small investors are picking up the slack.
As rising home prices, slow new home construction, and demographic shifts push homeownership rates to 50-year lows, the U.S. is increasingly a country of renters—and landlords.
Last year, 37 percent of homes sold were acquired by buyers who didn’t live in them, according to tax-assessment data compiled in a new report published by Attom Data Solutions and ClearCapital.com Inc.
Debra Tolbert at the White Center house where her brother, Dennis Hanel, had been living.
Debra Tolbert’s brother had been battling stage four kidney failure when he died last month of a heart attack.
But a grieving Tolbert was hardly prepared for what she heard from property managers of Dennis Hanel’s White Center rental house when she tried to collect his security deposit and last month’s rent.
Her brother “violated the terms his lease” when he died, a representative of the rental and management company told her. “She said to me, ‘He’s not getting anything back,’ ” Tolbert said.
Florida's housing market wrapped up 2016 with more new listings, higher median prices and fewer sales of distressed properties compared to the year before, according to the latest housing data released by Florida Realtors®.
"This past year was marked by tight housing inventory throughout Florida, particularly in the range of $200,000 and under," said 2017 Florida Realtors® President Maria Wells, broker-owner with Lifestyle Realty Group in Stuart. "Buyer interest was high and home sales likely would have been even stronger if there had been enough available for-sale supply to satisfy demand. Realtors across the state stand ready to help buyers and sellers understand their local housing market trends.
"Florida's economy is in growth mode, more jobs are being created and mortgage interest rates, while rising, remain at historically low levels, which will continue to spark buyer demand in the coming months."
Pet-friendly residences can be hard to come by, but pit bull-friendly rentals seem next to nonexistent. One Florida landlord is doing her part to change that, though, by opting to only rent her house to someone with large dogs — and she's giving preference to tenants with pit bulls!
Meet Jade Rouzeau, the proud owner of two pit bulls who happens to be putting her three-bedroom ranch in Jacksonville up for rent. As Rouzeau told "Today" in an email, it isn't that she dislikes cats or small dogs, she just doesn't anticipate their owners will have all that much difficulty finding a rental that allows their pets.
"While we appreciate their interest, we politely decline to rent to them," Rouzeau said.
When a landlord jacks up the rent, tenants are usually stuck between two costly and indisputably crappy options: Pay the higher rent, or move out (which requires coughing up more money for movers, of course). But now, in Portland, OR, there’s a third option that’s causing quite a stir: Move out and demand your landlord foot the bill! Is that divine justice or what?
More to the point: Will this catch on in other cities across the U.S.?
This new law, passed by the Portland City Council last week, aims to address Portland’s housing emergency, which has been in effect since October to call attention to a frightening fact: 1,800 Portlanders are now living on the streets, unable to find affordable housing.
The Urban Institute released a report Thursday calling for an update to the mortgage servicing industry to make it easier for creditworthy borrowers to get a mortgage.
The report, written by Institute experts Alanna McCargo and Laurie Goodman, said mortgage services have historically been a “behind-the-scenes” component of the housing and mortgage industries, until the 2008 financial crisis.
“After the 2008 housing crisis, servicers were thrust into the spotlight as an unprecedented number of borrowers started having trouble paying their mortgages and entered foreclosure,”