Apartment Look

A Cedar Ridge Apartments tenant shows a respirator she claims she sometimes needs due to alleged mold issues at the south Sacramento apartment complex . Code Enforcement is continuing to inspect the complex to determine if there are violations. PHOTO BY MICHAEL MOTT Nancy Avalos watched as her 5- and 8-year-old daughters danced and chased each other. Their laughter filled the living room. “My daughters don’t want to move out,” Avalos said in Spanish. Her voice broke. “I feel like I’ve let them down.” Avalos moved to Cedar Ridge Apartments six years ago. After sharing a living room of an apartment together, the single mother wanted to give her three daughters room to play and moved to a place they could call their own. But now the family is moving out of its two- bedroom apartment , after Avalos’ monthly rent rose from $802 to $1,086. For Avalos and her neighbors, sharp rent and utility bill increases hit the past two months as the property owner, Torrance- based Cedar Ridge Apa...

For more than two years, city inspectors have documented unsafe and squalid conditions at a weekly hotel near uptown that houses low-income families with children, the disabled and others with nowhere else to go. Inspectors found rooms with no heat or air conditioning , piles of garbage, bedbugs and broken windows among other problems at the Airport Parkway Inn and Suites. Former tenants and a neighboring business complain the building on Wilkinson Boulevard is a magnet for drugs and crime. Now, Charlotte officials are taking steps that could lead to the demolition of the hotel, a rare move the city has not taken in at least seven years against a lodging establishment. The building is part of a virtually unnoticed housing sector in Charlotte, where hundreds of people suffering from addiction and mental illness or simply with few other options depend on weekly hotel rooms for permanent shelter. While tenants avoid sleeping on the streets, they often stay in decrepit and vermin-in...

OLD TIMER The Stewart apartments occupy the top two floors of this 1921 building at the corner of Southwest Broadway and Ankeny. Patrick Alexander IN JUNE , the rumors began wafting through the Stewart Apartments like the cigarette smoke that often clouds its halls. The 55-unit building’s long-time manager had passed away on May 28. If no one stepped in to replace him, 66 residents would soon be looking for a place to live—with little hope of finding a suitable spot. The first rumblings of a looming mass eviction came not long after apartment manager Mike Narver ’s death. But by August 11—20 days before Narver’s lease to run the building was set to expire—no one was any clearer on their future. “It’s so back and forth,” said Eddie Grant, a 62-year old resident who clerks the Stewart’s front desk, as he emptied a garbage bin in the building’s lobby last week. “Now I heard we might be out at by the end of the month, or next week.” Marge Appling , a 20-year resident and the building’s...

Zillow Group, Inc. (ZG) Q2 2017 Earnings Conference Call August 08, 2017 17:00 P.M. ET Executives RJ Jones – VP, Investor Relations Spencer Rascoff – CEO Kathleen Philips – CFO Analysts Ronald Josey - JMP Securities Mark Mahaney - RBC Capital Markets Unidentified Analyst - Sli.do © Provided by Seeking Alpha Earnings Call Transcripts Michael Graham - Canaccord Genuity Christian Rice - Needham & Company Hayden Blair - Stephens Inc. Brian Nowak - Morgan Stanley Mark May - Citigroup Lloyd Walmsley - Deutsche Bank Bradley Erickson - KeyBanc Capital Markets Shyam Patil - Susquehanna Financial Group Heath Terry - Goldman Sachs Presentation Operator Good day, ladies and gentlemen, and welcome to the Zillow Group's Second Quarter 2017 Earnings Call . At this time all participants are in a listen-only mode. Later we will conduct a question-and-answer session and instructions will be given at that time. [Operator Instructions]. As a reminder, today's call is being recorded. I wou...

SEATTLE , Aug. 24, 2017 / / -- Home values are setting new records in about half of the country's largest metros, and the national median home value is now $4,100 more than it was in April 2007 , just before the market crashed , according to the July Zillow® Real Estate Market Report i . Home values in Denver , Dallas and San Jose have appreciated most beyond the previous record-highs set at the peak of the housing bubble in the mid-2000s. Homes in Denver are almost 60 percent more valuable now than during the bubble, increasing from a median home value of $235,900 in April 2006 to a current median home value of $371,100 . When the housing market crashed , home values plummeted and it has taken about 10 years for home values to reach new record highs. Strong labor markets and steady income growth have pushed up home values in the nation's hottest markets more quickly than in others. Among the 35 largest housing markets , 15 ii have higher median home values tha...