The market where rents rise faster than even New York
As uncomfortable as New York City's rent hikes feel to many tenants now, they don't compare to the soaring prices of Singapore's prime rental market, The Wall Street Journal reported
by Lillian Dickerson Apr 28
NYC rent soars to all-time high — and it's not done yet, analysts warn
The median rent in Manhattan climbed to a new high of an astounding $4,175 per month, according to Douglas Elliman and Miller Samuel's March 2023 New York City rental report
by Lillian Dickerson Apr 14
Economic anxiety accelerated Q1 multifamily rent growth slump
Inflation and recession fears pushed renters away from higher-priced, amenity-rich developments as rent growth at the highest tiers slowed to 1.5% annually, according to a new CoStar analysis
by Marian McPherson Apr 11
'Survive till 2025': New supply, low demand signal rental 'sh#tstorm'
Markets across the country are now facing a possibility of rent falling year over year amid a negative outlook for apartments and commercial real estate broadly, experts told Inman
by Taylor Anderson Apr 11
Mauricio Umansky and globe
'The key takeaway is this,' CEO Mauricio Umansky said of this year's report. 'Housing remains a primary investment for the world’s most affluent citizens and a safe hedge against inflation'
by Lillian Dickerson Jan 19
Glenn Kelman calls millennials 'the roommate generation'
In an appearance on 'Barron's Live,' Redfin's CEO explained how rising mortgage rates have trapped homeowners and homebuyers into a housing purgatory, tough for anyone to make a move
by Marian McPherson Jan 12
Slowdown in apartment rent expected to continue, CoStar says
Rent dropped for a fourth straight month in November, with all but 6 of the nation's top 40 markets reporting flat or declining month-over-month rent
by Taylor Anderson Dec 5
Rent dropped last month at one of the biggest rates in over a decade
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
by Taylor Anderson Nov 4
Compass agrees to waive broker fees for NYC Section 8 renters
Compass must waive broker fees for the first 25 Section 8 renters who lease a property through the brokerage, said New York's Attorney General of new terms to a discrimination settlement
by Marian McPherson Nov 2
How Airbnb investors can minimize risks when buying properties
Changes to HOA rules or city regulations can pose a fatal risk, short-term rental investors say. Here’s how buyers and brokers can minimize revenue risks when targeting short-term rentals
by Taylor Anderson Oct 31
RentSpree, SentriLock link up on software services for renters
RentSpree wants to expand through partnerships, relying on a number of already established industry partners bettering the way people rent and the agents that deliver those processes
by Craig C. Rowe Oct 12
After 2 years of hikes, rental market may be bound for 'complete reversal'
Yet another sign of a widespread housing slowdown emerged as monthly rent price acceleration declined after 20 consecutive months of rapid increases, new data suggests
by Taylor Anderson Sep 13
Housing is cooling. In some places, rents have yet to get the memo
In more than half of America's largest cities, rents continue to post double-digit annual growth. And in some cases, they're speeding up, according to Zumper’s most recent report
by Daniel Houston Aug 29
The Corcoran Group's newest rental tech tools
Over the last few years, the company created a robust set of tools to help agents and consumers navigate the rental market in Manhattan and Brooklyn. Recently expanding its offerings, here are some of the key features
Most Americans think now is the time to buy homes. Here's their logic
Out of 1,000 homeowners and 1,000 renters participating, 56% or 6 of every 10 Americans think 'right now' is a great time to buy a home, according to OnePoll on behalf of Lower
by Ben Verde Jul 21