22 renters vie for each unit in America's toughest rental market
Miami saw an average of 22 renters compete for every available apartment in 2023, compared to a national average of just 9, according to a new report released earlier this week from RentCafe
by Ben Verde Dec 14
See inside Blondie singer Debbie Harry's 18th-century rental home
The 78-year-old Harry bought the 2-bed, 3-bath Connecticut home for $785K in 2016 — a discount from what it sold for at its peak
by Taylor Anderson Nov 30
Property management solution Revela revels in $9M Series A
The company serves private and institutional single-family landlords, multifamily property managers and student housing companies. The funding was led by FirstMark Capital
by Craig C. Rowe Nov 30
Toronto listing that offers to share a queen-size bed raises eyebrows
A listing posted to Facebook Marketplace seeks an 'easy going female' roommate and advertises half of a queen-size bed in a Toronto condo for $900 CAD per month
by Ben Verde Nov 21
Rental concessions rise as new inventory comes online
Thirty percent of rentals advertised on Zillow in October offered concessions of some sort, such as free parking or free months of rent, even as rental rates remain high
by Ben Verde Nov 20
Dwellsy's consumer-first rental search earns $11.5M seed round
Days after Summer announced its vacation home acquisition and management platform closed on an $18M round, rental portal Dwellsy publicly announced an oversubscribed $11.5M seed round
by Craig C. Rowe Nov 15
MLS partnerships pay off as RentSpree reaches 2M users
The user mark represents a 598%, 3-year revenue increase and the notoriety of being named to the Inc. 5000 list of the country’s fastest growing private companies
by Craig C. Rowe Oct 30
How global events jeopardize fair housing (and what you can do)
Dr. Lee Davenport draws on both historical context and current events to describe how the latest news can impact the application of fair housing laws and policies
by Lee Davenport Oct 23
New Western's marketplace and other solutions to inventory crisis
Retail investors and local landlords offer real estate agents a variety of options for staying active in a market bereft of traditional inventory. You simply need to know how to connect with them
by Craig C. Rowe Aug 14
RentRedi acquires Payment Report and eRentPayment in buying spree
The 6-year-old property management firm scooped up the companies in a bid to boost digital payment workflows and aid tenants in credit building, according to an announcement this week
by Craig C. Rowe Aug 11
Piñata CEO: Tech can make life better for renters and managers
Lily Liu's company offers rewards and credit reporting for renters. And she said that while there is anxiety in the market, technology has the potential to make things better
by Jim Dalrymple II Aug 9
Los Angeles apartment owners sue over COVID rent freeze
The suit from the Apartment Association of Greater Los Angeles argues that the city's rent freeze rule robs property owners of income and due process
by Jim Dalrymple II Jul 27
RentSpree adds 50,000-member OneKey MLS in latest partnership
OneKey, New York State’s largest multiple listing service, will now offer the software company's ApplyLink tool to members throughout Long Island, New York City and the Hudson Valley region
by Craig C. Rowe Jul 25
AppFolio exec: AI is about 'activity elimination,' not axing human jobs
Rather than being replaced by artificial intelligence, the agent of the future will have fewer rote tasks to perform, Cat Allday, AppFolio's vice president of AI and product operations, tells Intel
by Jim Dalrymple II Jul 12
Rentec Direct leverages ChatGPT to market apartment vacancies
The Oregon-based property management software firm uses OpenAI's ChatGPT to help clients quickly draft marketing content for available rentals, according to the company
by Craig C. Rowe Jul 10