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Latest stories on utility-bill

The Country’s Most and Least Expensive Cities for Utilities

Posted by Written with love by the Livable Content Team on Sep 2, 2021 9:00:00 AM
"The East Coast tended to be among the cheapest places for water bills, with Upstate New York leading the way. Albany had the least-expensive average water bill at just over $20 a month, but Syracuse, Rochester and Buffalo all had water bills under $30 a month as well..."

How to Control Costs as Utility Rates Rise

Posted by Content Director on May 5, 2021 11:59:50 AM

Property owners nationwide should anticipate across-the-board utility increases in 2021, with some jurisdictions expected to see double-digit rate hikes. Yet there are proactive steps owners can take now to hedge against these additional expenses. 

What the Eviction Moratorium Extension Means for Owners

Posted by Written with love by the Livable Content Team on May 1, 2021 9:00:00 AM

With days to go before the end of a nationwide eviction moratorium, the Centers for Disease Control and Prevention has extended the federal order until June 30. The previous extension was due to expire at the end of March, which was already an amendment to the original end-of-January extension...

How to Hit Pause on Your Mortgage Payments

Posted by Written with love by the Livable Content Team on Apr 1, 2021 9:00:00 AM

With eviction moratoriums extended in many states, countless multifamily owners have been left at a loss about how to keep up with their own financial commitments. Luckily, the Federal Housing Finance Agency has extended multifamily property forbearance until Ju...

How the New Presidency Could Impact Your Taxes

Posted by Written with love by the Livable Content Team on Mar 1, 2021 9:00:00 AM

While campaigning for office, President Joe Biden proposed numerous tax law changes that, if enacted, would have significant impacts on the multifamily industry. The biggest potential change is the end of 1031 exchanges,... 

Investors Show Their Love for Multifamily Properties

Posted by Written with love by the Livable Content Team on Feb 1, 2021 12:27:07 PM

With retail and hospitality industries in a perpetual state of uncertainty for the foreseeable future, real estate investors have been drawn to multifamily properties. “Interest in multifamily is at a fever pitch right now,” CBRE Vice President Joe Ayers told the Jacksonville Daily Record... 

Utility Rate Increases on the Horizon in 2021

Posted by Written with love by the Livable Content Team on Jan 6, 2021 9:00:00 AM

It doesn’t take a crystal ball to see that the utility rate increases we’ve all experienced over the last few years are likely to continue in 2021 and beyond. At the same time, the trend of adding cumbersome new restrictions on rental properties is growing nationwide.

Utilities NOT Included — Now More than Ever

Posted by Written with love by the Livable Content Team on Sep 1, 2020 6:36:00 PM

As we reported last month, rents are flattening or decreasing in many locations across the state. In San Francisco, where Livable is based, one- and two-bedroom average rents were down a shocking 11 percent in August compared to one year ago, according to data from listing site Zumper. With over 7 million in California filing jobless claims since businesses began closing in March, many are moving in with loved ones to save money or leaving the state altogether. This trend could lead to an even bigger drop in demand in the months ahead.

Monthly-tip

Smart saver tip of the month

Insulating water pipes is a quick and inexpensive way to lower water-heating costs. The easy upgrade reduces heat loss and allows you to lower your buildings’ water temperature setting by two to four degrees. Plus, since water doesn’t take as long to heat up, less of this precious resource is wasted waiting for faucets and showers to get to the appropriate temperature.

On smaller buildings, this is a definite DIY job that should take less than a day to complete. Check out the U.S. Department of Energy’s website for a comprehensive shopping list and step-by-step instructions.