Tariffs, stalled construction threaten to end rent stability
According to a new report from Redfin, mounting economic pressures, including tariffs and slowing construction, could soon put upward pressure on rents
by Richelle Hammiel Apr 14
Renting becomes sign of wealth as many opt against homebuying
Cities in California, North Carolina, Florida and New York have seen a surge in wealthy renters compared to pandemic numbers
by Richelle Hammiel Mar 11
Home values have surged at 2X the normal rate since pandemic
Since 2020, US home values have risen by 45.3%, meaning more than 10 years of typical home value growth has been packed into a 5-year period, a new report from Zillow shows
by Lillian Dickerson Feb 27
CoStar Group posts 55th-straight quarter of revenue growth in Q4
Virginia-based portal CoStar Group grew its revenue 11% in Q4, to $709M, executives said Tuesday. Traffic to Homes.com Network remained steady, with 110M average monthly unique visitors
by Marian McPherson Feb 18
Canopy MLS members offered Rental Beast solutions
It is the MLS’s hope that Rental Beast’s presence in the Canopy ecosystem will provide a host of efficiencies, namely a more consumer-friendly and modern application experience
by Craig C. Rowe Feb 3
Historic wildfires will undeniably exacerbate LA's housing shortage
Rents are expected to 'surge,' said CoreLogic's chief economist. How much of a housing shortage the county faces is unknown as families decide in coming months whether they will even stay in LA
by Lillian Dickerson Jan 10
Agents scramble to find housing for those displaced by LA wildfires
As wildfires burned through LA County over the past 3 days, thousands were suddenly in need of temporary housing. The surge in demand is poised to create a spike in rental prices, agents say
REBNY sues the City of New York to stop FARE Act enforcement
The New York City Council passed a bill to shift responsibility for broker fees from renters to property owners last month. Real Estate Board of New York is attempting to stop its enforcement
by Marian McPherson Dec 17
RentSpree releases 'Homebuyer Insights' tool for Florida Realtors
Designed to help agents unearth buyer leads from renter databases, RentSpree's new tool will now be available to the 6,000 members of Central Florida’s Space Coast Association of Realtors
by Craig C. Rowe Nov 27
What’s the rent? A whole month’s pay, 1 in 5 renters tell Redfin
Redfin report finds 22% of US renters say they pay their all of their monthly income to afford rent. They're borrowing money, getting a second job and pulling from retirement to cover the cost
by Taylor Anderson Nov 22
Housing costs force Americans earning less than $50K to sacrifice
Nearly three-quarters of US residents earning less than $50K annually are struggling to keep up with monthly rent or mortgage payments, causing many to make dramatic sacrifices to stay afloat
by Richelle Hammiel Nov 18
Portfolio growth, owner retention help Blanket shine: Tech Review
Blanket stands out for its growth-first mindset and smart features to help property managers and clients collaborate
by Craig C. Rowe Nov 1
Mayor outside Chicago has evaded eviction server, landlord claims
Landlord Genetta Hull filed eviction papers in September alleging that Dolton Mayor Tiffany Henyard and her roommate, Kamal Woods, owe $3,350 in rent and late fees on her property
by Lillian Dickerson Oct 24
With cash and CLEAR partnership, 100 takes on renter fraud
A company spokesperson said the company's name stems from its goal of wanting 100% applicant identity certainty for landlords
by Craig C. Rowe Oct 8
Cooling rental market means more concessions for renters: Zillow
A 50-year high in multifamily building starts and completions has led to cooling rent growth and better lease terms. In July, 33.2% of rentals on Zillow included concessions, up 23% from 2023
by Marian McPherson Aug 12