Home sales fall for 5th month as median prices hit record high
Sales of existing homes ticked down 5.4% between May and June, falling 14.2% from a year ago, as median prices rose to $416,000, according to the National Association of Realtors
by Ben Verde Jul 20
PadSplit's co-living housing model launches in Orlando and Las Vegas
These 2 big cities are major resort markets, expanding quickly and in need of affordable housing to accommodate their massive service industries
by Craig C. Rowe Jul 19
The run-up of single-family rental prices paused in May: report
The jump in May was still well above the historical average, but it was the first time in 14 months that it hadn't accelerated over the month before
by Taylor Anderson Jul 19
Q2: Multifamily rent slows in latest sign of rental market cooldown
Current CoStar report finds 'a continued downward trend in rent growth,' as vacancy rates tick upward and rent price growth cools. The Sun Belt and South continue to see the fastest growth
by Taylor Anderson Jul 11
Stake secures $12M in Series A funding to incentivize renters
In what could be a reference to a trend of emerging companies extending immediate credit to consumers for rent or other expenses, Stake's Rowland Hobbs said renters need a 'rainy day fund'
by Craig C. Rowe Jun 30
Realty One Group's rental agents add RentSpree to tech stack
The end-to-end rental management solution has formalized another major industry partnership, this time with lifestyle-focused Realty One Group
by Craig C. Rowe Jun 14
Revolution RE to use $3M in VC to empower landlord business data
The company described its services as a conduit for rapidly transporting data between existing internal sources and the people running things
by Craig C. Rowe Jun 13
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
Proptech VC takes swing at tenant loyalty app Piñata in $13M round
Leading the round was Wilshire Lane Capital, which invests heavily in real estate and proptech initiatives. Founder and managing partner Adam Demuyakor will join Piñata's board
by Craig C. Rowe Mar 1
Rent guarantor Nomad sets sight on 10 new markets after $20M round
The Denver-based company, which offers owner-operated rental companies and single-family landlords guaranteed rent for up to 3 years, is eyeing Raleigh, NC as its next market
by Craig C. Rowe Feb 17
Boston nearly as pricey as San Francisco as rent soars everywhere
In Boston, rental prices have made such a resurgence that they could surpass legendarily high rent costs in San Francisco, according to recent data from Zumper
PadSplit triples workforce co-living availability, lands in 7 new markets
Atlanta-base PadSplit secured properties in 7 new markets, including Houston, Richmond, Tampa, New Orleans, Indianapolis, Dallas and Jacksonville
by Craig C. Rowe Jan 13
US median rent rose 11% in 2021 due to inflation
Rents increased 3 times the rate of a normal year, in which rents might rise 3-4% overall, according to a new report from online rental marketplace Dwellsy
Pending home sales take a hit in September: NAR
Slowed contract signings in September are a likely sign that home price growth will soon come back down to earth, NAR Chief Economist Lawrence Yun said
by Lillian Dickerson Oct 28
Rent growth catching up to home price increases in major cities
In 2021, East Coast rents made steady gains while West Coast rents remained stilted — until recently, a new report released Tuesday from Zumper reveals
by Lillian Dickerson Oct 26