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Real estate Q&A: Tips to navigate the market in 2023

Another year passed, and it was a doozy in the real estate world. 2022 turned out to be quite the roller-coaster ride, with rising interest rates, cooling prices, and the shift away from being a seller s market.

Real estate Q&A: How can I stay in my unit and pay same rent when the lease is up?

Q: I have been living in the same large rental community for the last decade. The complex was sold to a new company that is renovating units as the current renters move out and then reletting them at a much higher price. I recently learned they are not renewing people s leases. Instead, they are offering tenants to move into one of the renovated units at a higher rent. Is there anything I can do to stay in my unit at the current price when I come up for renewal? Neil

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