Rent spiked again in April, expected to keep climbing through the year
The pace of rent price growth was more than double what it was a year ago, reaching 14 percent for a single-family home in April, according to a report released Tuesday by CoreLogic
by Taylor Anderson Jun 21
Rental market not immune to cuts as Zumper lays off 15% of staff
A cooling real estate market has already led to cuts at companies far and wide. The San Francisco-based rental search portal is the latest
by Taylor Anderson Jun 17
Short-term rental occupancy rates dip as listings surge
Demand for STRs remains high even as occupancy rate drops more than 8% heading into a busy travel season. Investor revenue still up 66% compared to 2019
by Taylor Anderson Jun 14
Well-intentioned rent control laws can do more harm than good: Study
A new study comes as city, state and federal lawmakers call for caps on how much landlords can raise rent. In 1 case, property taxes were projected to drop 4% as a result of rent control laws
by Taylor Anderson Jun 7
Everything you need to know about fractional real estate investing
Modern fractional ownership is increasingly seen as the future of real estate investing. Inman breaks down all the ways investors can take advantage of this rapidly growing trend
by Taylor Anderson Jun 7
Surplus of Hamptons summer rentals is leading to price cuts
Americans heading abroad for the summer, former Hamptons renters becoming homeowners and a surplus of inventory have all led to the market's landlords slashing their rental prices
AvantStay taps former Lyft executive David Katcher as COO
Katcher worked at ride-hailing service Lyft for the past 7 years before joining the short-term rental company, most recently serving as Lyft's head of global operations
by Lillian Dickerson May 31
SafeRent discriminated against Black, Hispanic renters often: Suit
The tenant screener violated the Fair Housing Act for years as it doled out disproportionately low scores to Black and Hispanic rental applicants with housing vouchers, a new federal lawsuit says
by Lillian Dickerson May 31
Price gains in 'opportunity zones' keep pace with national hikes
Census tracts chosen for preferential tax treatment in 2017 tax bill are seeing prices rise, have attracted buyers priced out elsewhere, according to a new report from Attom Data Solutions
by Taylor Anderson May 25
Agent's selfie at packed open house captures NYC rental market chaos
A video posted this month portrays the insanity of renting an apartment in New York right now, with tenants paying so-called 'cuck money' and reports of more Airbnbs in the city than rentals
by Ben Verde May 24
After 6 years of focus, Airbnb reports removing listings in China
CNBC reports the short-term rental company will maintain a presence in the country to focus on outbound travel from China, but all listings will be removed by the summer
by Taylor Anderson May 23
Short-term rental demand might set a record year, AirDNA report says
Demand is up 25% despite uptick in occupancy levels, investors earning more revenue, adding more supply. 'As of mid-May 2022, ADRs are pacing 7.9% higher for the summer than last year'
by Taylor Anderson May 23
Skyrocketing home prices diminish rental returns: Report
The report found that three-quarters of counties where median home prices exceeded $250,000 saw declines in rental yields
by Ben Verde May 20
Bezos-backed Arrived Homes glitches again as 6 sell in 8 minutes
During the latest release of six rental properties, high demand from investors caused problems. But homes valued at more than $1.7 million sold in minutes
by Taylor Anderson May 20
Is Microsoft gearing up to compete with Zillow for rental market share?
Company is hiring staffers in China for a ‘revolutionary’ real estate venture focused on improving the search for long-term rentals. Few other details are known
by Taylor Anderson May 19
ManyRoofs seeks to offer value for investors, brokers and tenants
Startup offers tenant placement services at a lower price, plans to roll out full suite of tech to make renting better for all parties
by Taylor Anderson May 17