Renter households surge as homeownership costs climb
Renter households increased by 2.7% year-over-year in the third quarter to a record 45.6M, a rate 3 times higher than the 0.9% uptick in homeowner households, according to a new Redfin analysis
by Richelle Hammiel Nov 6
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
Piñata and Visa partner to roll out Piñata Pay for no-fee debit solution
The product rolls out July 31 and is designed to function as a 'responsible alternative to a credit card,' according to executives at Piñata, a rental industry fintech company
by Craig C. Rowe Jul 31
RentSpree, UtahRealEstate.com ink software union
RentSpree partners with more than 300 associations and MLSs that use its ApplyLink solution to automate application collection, screening, approval and other property management operations
by Craig C. Rowe May 15
More and more renters believe they will never own a home
Thirty-eight percent of renters don't believe they will ever own a home — up from 27 percent less than a year ago, according to Redfin
by Ben Verde Apr 12
California legislator proposes $1.25B affordable housing bill
Rep. Adam Schiff announced The Affordable Housing Conversion Act on Tuesday, which allocates $1.25B over 5 years to convert government-owned buildings into affordable housing
by Marian McPherson Apr 2
NYC's 'worst landlord' attacked first day of 2-month Rikers sentence
New York City's worst landlord, Daniel Ohebshalom, was punched on Friday during an inmate brawl at Rikers. Ohebshalom was sentenced for failing to fix more than 700 housing violations
by Marian McPherson Mar 25
Landlords pull plug on renter incentives ahead of spring
A new Zillow analysis on Wednesday revealed a slowdown in rental concessions ahead of a busy spring and summer leasing season. Only 32.2% of rentals advertised incentives in February
by Marian McPherson Mar 20
DivvyUp promises personalized down payment savings
DivvyUp is a mobile financial resources and down payment planning product. The company said it surveyed 2K people to uncover what is most challenging about the homebuying process
by Craig C. Rowe Mar 13
Tiny home generates big demand from desperate Las Vegas renters
A 160-square-foot backyard residence in the Las Vegas Valley asking $950 a month has received over 100 inquiries from tenants
by Ben Verde Mar 5
RentSpree, St. Louis's MARIS MLS forge new proptech partnership
About 15,000 members of St. Louis-based MARIS will now have access to ApplyLink, RentSpree's solution for slow lease transactions, dated lead capture, conversion tactics and rental workflows
by Craig C. Rowe Feb 23
A softer rental market isn't enough to help hopeful homebuyers
Realtor.com's survey of more than 4K landlords and renters found that, although landlords are easing rental increases, it's not enough to help renters improve their financial outlooks
by Marian McPherson Feb 8
Prioritizing the needs of young renters in multifamily housing
Millennials began reshaping multifamily housing in compelling ways, writes Michael Zaransky, and Gen Z promises to accelerate that change. Property managers must be ready
by Michael Zaransky Jan 30
Zillow launches new reporting feature to help renters build credit
The new feature will allow renters who pay their rent through Zillow to have their on-time payments reported to a major credit bureau
by Ben Verde Jan 18
Inventory boost expected to slow rent growth to 1.5%
A coming boost in apartment inventory is expected to dramatically slow rent growth in 2024; however, it's expected to still be a tough year for renters as affordability worsens
by Marian McPherson Jan 2