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THURSDAY, NOVEMBER 26, 2009
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NEWS ABOUT: renters

renters stories: 4 news summaries

 Renters Feel the Landlord Love 

In soft market, tenants offered flat-screen TVs, cash, reduced rent

Nov 2, 09 6:19 AM CST
(Newser) - Time was, the landlord's knock could inspire dread and bogus excuses. But as apartment vacancies soar, these days he's more likely to drop by to offer you a flat-screen TV, cash, or reduced rent if you re-up your lease. "Many companies are doing whatever they can to keep units... More »

MORE ABOUT:
real estate • housing market • incentives • apartment • renters


 Vacancy Rate Hits 23-Year 
 High as Renters Fade 

So now's the time to get that place in NYC

Oct 6, 09 9:50 AM CDT
(Newser) - Apartment vacancies have hit a 23-year high, as rampant unemployment continues to drive down demand, according to a New York real-estate research firm. That’s brought rents down an average 2.7% compared to last year—and the 7.8% vacancy rate is expected to climb. “The experience was... More »

MORE ABOUT:
real estate • housing market • apartment • renters

(Newser) - You probably don’t want to live in the Chandler, Ariz., housing complex known as Alante on the Islands, MSNBC reports. The development was once owned by a California company, but entered receivership when the overextended firm went under. Now maintenance is spotty, the pool has turned green, residents don’... More »

MORE ABOUT:
Arizona • foreclosure • recession • financial crisis • renters • receivership • housing complex

 Fannie Mae: Tenants Can Stay 

Fannie Mae won't evict tenants after  foreclosures

Dec 15, 08 4:22 AM CST
(Newser) - Fannie Mae is offering to sign new leases with renters living in properties that have been foreclosed and are now owned by the the government-controlled mortgage company. The move brings relief to thousands of people caught in the mortgage crisis, but it turns the insitution into a huge national landlord... More »

MORE ABOUT:
Bank of America • subprime mortgages • foreclosure • Freddie Mac • Fannie Mae • mortgage defaults • JPMorgan Chase • evictions • tenants • renters • National Community Reinvestment Coalition • Federal Housing Finance Agency

4 Stories


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