It will soon be illegal for Hamilton homeowners to rent out their properties short-term if they don’t actually live there. Councilors passed a bylaw on Wednesday and will begin enforcement in June, with the hope it will free up housing stock for longer-term rentals for Hamilton residents. The bylaw will also ban commercial operators with…
New Statistics Show High Rental Demand for 2023
The number of people currently inquiring about homes to rent has increased by roughly 23% since last year, while a recent Zoopla report highlights that rental inquiries per estate agency branch are 46% above the 5-year average. On the other hand, the current stock of homes for rent is 38% below the average of the…
Realtor Kevin Nash reflects on 25 years serving the Germantown, Milwaukee area
By Thomas J. McKillenManaging Editor A job transfer brought Kevin Nash and his family to Germantown while a love for the community will keep him here. “Once my wife came up here and she asked if we ever got another job transfer or something would happen, where would we go? I said, ‘This is it,…
Park Slope Kinko House Asks $4.9 Million
The early 20th century developers aimed for flattery in 1910 when pitching this house as “designed for people of taste and culture,” but they also addressed the practical with a configuration that allowed for a bit of rental income to help pay the bills. In the Park Slope Historic District, 614 3rd Street is one…
Realtor Tax Deductions And Tax Advice
Typically, real estate agents receive 1099 forms at the end of the year in addition to receiving commissions on property sales. Given that you are now considered to be self-employed for tax reasons, you should treat this endeavor like any other. This suggests that it is important to keep track of your payments and spending…
No-cause eviction ban will send potential property-owners ‘running for the hills’: Yukon Party
Some renters are likely feeling some relief since the Yukon NDP and Liberal caucuses signed an extended confidence and supply agreement that includes provisions on rent caps and evictions without cause. Yukon NDP Leader Kate White touched on the details of the renewed deal in a joint Liberal-NDP press conference and signing ceremony at the…
Hilton Head SC Town Council votes to buy land on Jonesville Road
Hiltonhead, S.C The Town of Hilton Head announced plans to purchase three land parcels along Jonesville Road — a longtime site of tension between developers eyeing empty land on the island and residents fighting to preserve the hub of a historic Gullah community. Comprising 12,019 acres and valued at $7.6 million, the property sits just…
Austin Realtor reacts to proposed Chinese home buyer tires
Photo Illustration: Lindsey Bailey/Axios. Photo: Courtesy of Rosalia Chiu We caught up with Rosalia Chiu, who has worked as a real estate agent in the Austin market for 21 years, to ask her about proposed legislation that would bar Chinese nationals from buying property in Texas. Born in Hong Kong, she moved to Austin in…
Actor Gbenga Akinnnagbe, Local Pols Ask Public to Help Save Bed Stuy’s Magnolia Tree Earth Center
On Bed Stuy’s Lafayette Avenue there grows an approximately 140-year-old Magnolia Grandiflora, an extremely rare sight anywhere north of Philadelphia, and Brooklyn’s only living landmark. Behind it are three historic row houses that were saved from demolition in 1977 to protect the tree. All four largely owe their survival to one woman: Hattie Carthan. In…
Mortgage prisoners trapped by negative equity are renting out their homes
People who cannot afford to pay their mortgages or sell without taking a loss are increasingly putting their properties onto the heated rental market instead. Key points: House prices nationally have dropped nearly 9 per cent on average from their most recent peak Real estate agents are starting to see forced sellers who can no…