Tenants in Florida claim the company oversaw a 'cartel' that unfairly drove up the cost of rent in markets across the Sunshine State. The claim comes on the heels of a similar suit in California
The next few years appear to be ‘in solid shape’ for off-campus student housing, as students flock back to campus and send the demand upward, according to a new report
A slowdown in new leases paired with higher inventory is expected to hike vacancies and put pressure on rents. ‘The balance of power in the rental market is rapidly shifting to renters’
14 major metro areas reported year-over-year declines in the median cost to rent an apartment, according to Redfin. It's only the latest sign of widespread slowdown in rent
Lawmakers in both chambers of Congress have accused RealPage of anticompetitive practices. Calls for an inquiry come a month after a sweeping and critical report into the company
Aside from the onset of the COVID-19 pandemic, the month-over-month decline was the biggest drop in rent prices since 2010. Rent remains up 7.6% year over year, but the market is softening
Agreements between RealPage and some of the biggest apartment owners in the country drove up rent costs, which amounted to an illegal conspiracy that drove rents to all-time highs, suit alleges
The report, out Friday from news non-profit ProPublica, focuses on YieldStar, a piece of software the property management company says on its website is geared toward 'optimizing rent pricing'
RealPage reports the third quarter saw the biggest slowdown in leasing traffic in 30 years of tracking. Paired with a slowdown in rent, it’s the latest sign of turbulence in the housing market
The virtual brokerage is bringing on Shoeb Ansari to serve as chief information officer, as well as former Remine CEO Leo Pareja to oversee affiliated services
Property managers would do well to avoid the pitfalls of the 'occupancy fallacy,' or the notion that current high occupancy rates will alleviate long-term vacancy issues, RentPath says, because 'renter migration is the sleeping giant'
Rental arbitrage is when an individual rents a property long-term and then rents it out to someone else short-term
The new highs surpassed records set between 2000 and 2001. As of July, the average monthly apartment rent in the US hit $1,549
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