Real Estate News

Theft-Proof Rehabbing

Published by Nikki Palmer on Mon, 10/10/2022 - 12:00am

One of the most common things I run across no matter where in the country our properties may be, is theft or vandalism. I don’t know any investor that has not faced this as sad as that may be. It doesn’t always have to be serious, but it is always inconvenient. From neighborhood kids tagging with spray paint to full blown breaking & entering and burglary, you will want to avoid this if possible. Here are my suggestions.

Read more about Theft-Proof Rehabbing

Trump Properties Aren’t The Only Ones To See Wild Valuations – Putting A Price On Real Estate Isn’t Straightforward

Published by Nikki Palmer on Thu, 10/06/2022 - 5:00am

On the lower tip of Manhattan there is a prime piece of real estate, the price of which is somewhat up for debate.

Read more about Trump Properties Aren’t The Only Ones To See Wild Valuations – Putting A Price On Real Estate Isn’t Straightforward

MLS Weekly Report Lincoln Sept25-Oct1

Published by Erin@omahadaily... on Wed, 10/05/2022 - 11:30am

Read more about MLS Weekly Report Lincoln Sept25-Oct1

MLS Weekly Report Omaha Sept25-Oct1

Published by Erin@omahadaily... on Wed, 10/05/2022 - 11:29am

Read more about MLS Weekly Report Omaha Sept25-Oct1

Months In The Making, Omaha’s Housing Affordability Plan Is Ready For Scrutiny

Published by Nikki Palmer on Mon, 10/03/2022 - 3:00am

OMAHA — Private developers seeking the sometimes controversial public subsidy called tax-increment financing soon could be required to replace each affordable housing unit destroyed while building their new project.

They also might see a new mandate that TIF residential projects include a certain percentage of affordable housing units.

Read more about Months In The Making, Omaha’s Housing Affordability Plan Is Ready For Scrutiny

US Long-Term Mortgage Rates Up For 6th Week; 30-Year At 6.7%

Published by Nikki Palmer on Mon, 10/03/2022 - 1:00am

WASHINGTON (AP) — Average long-term U.S. mortgage rates rose this week for the sixth straight week, marking new highs not seen in 15 years, before a crash in the housing market triggered the Great Recession.

Mortgage buyer Freddie Mac reported Thursday that the average on the key 30-year rate climbed to 6.70% from 6.29% last week. By contrast, the rate stood at 3.01% a year ago.

Read more about US Long-Term Mortgage Rates Up For 6th Week; 30-Year At 6.7%

Plug Pulled On Mulitmillion-Dollar "Intersections" Project For South Omaha

Published by Nikki Palmer on Fri, 09/30/2022 - 3:00am

OMAHA — Developers have scrapped an ambitious plan that had aimed to turn a largely industrial 25-acre tract south of downtown into a multimillion-dollar wellness and sports complex.

A spokesman for Community Health Development Partners told the Nebraska Examiner that there’s a chance the “Intersections” campus could move on, perhaps in some smaller form, elsewhere in Omaha.

Read more about Plug Pulled On Mulitmillion-Dollar "Intersections" Project For South Omaha

MLS Weekly Report Lincoln July17-Sept24 2022

Published by Erin@omahadaily... on Thu, 09/29/2022 - 12:11pm

Read more about MLS Weekly Report Lincoln July17-Sept24 2022

MLS Weekly Report Omaha July17-Sept24 2022

Published by Erin@omahadaily... on Thu, 09/29/2022 - 12:08pm

Read more about MLS Weekly Report Omaha July17-Sept24 2022

Kushner Company Agrees To Pay At Least $3.25 Million To Settle Claims Of Shoddy Apartments And Rent Abuses

Published by Nikki Palmer on Thu, 09/29/2022 - 5:00am

The Dutch Village apartments and townhomes, owned by the Kushner Cos., in Baltimore. The property management company has agreed to pay a $3.25 million civil penalty and restitution to settle a 2019 lawsuit in Maryland over allegations of charging tenants illegal fees and failing to maintain properties. (Steve Ruark / AP Photo)

The property management subsidiary of Jared Kushner’s family real estate company has agreed to pay a $3.25 million fine to the state of Maryland and to reimburse many of the tens of thousands of tenants in the Kushners’ Baltimore-area apartment complexes for excessive fees and for rent they were forced to pay over the past decade despite serious maintenance problems in the units.