New York proposes 1-year moratorium on foreclosures

Legislation that would give some New Yorkers facing foreclosure a one-year reprieve has passed the state assembly as part of a package of four bills aimed at stemming foreclosures. Assembly Bill 9695 [1] would allow courts to impose a one-year moratorium on...

Apartment Rentals Rates Climb in New Orleans

Rental rates for apartment units in New Orleans have reached some significant highs, according to a report by Larry G. Shedler & Associates. The research firm found that rents have increased as much as 20 to 30% since Hurricane Katrina in 2005. The survey, which...

Rental’s Fresh Appeal

As the economy weakens, more people who would have qualified for home loans a few years ago no longer do. And scores of homeowners losing their homes in foreclosure are turning to apartments. Others who could qualify for a mortgage are opting for luxury apartments...
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