This apartment got scooped up in 2 weeks — despite a 'kitchen shower'
The Brooklyn rental unit, which went viral this week due to a shower installed in the kitchen, entered contract on Tuesday — just 2 weeks after being listed
by Lillian Dickerson | Jul 1
Airbnb CEO says travel and short-term rentals will never be the same
'I will go on the record to say that travel will never, ever go back to the way it was pre-COVID,' Airbnb CEO Brian Chesky said Sunday
by Veronika Bondarenko | Jun 30
Why MLSs should treat rentals the same as for-sale listings
There has never been a better time — or a greater need — to make rentals a mandatory property class. More data on the MLS, especially during a pandemic, serves the MLS and the brokers, agents and consumers who depend on it
by Cameron Paine | Jun 26
Southern renters are benefiting most from pandemic pricing
According to a Zumper analysis published on Thursday, markets in Tennessee, Texas and Louisiana have experienced the largest rent declines since March
by Marian McPherson | Jun 25
Summer outlook: Vacation rentals roar back to life
Though the pandemic and its various travel restrictions initially looked like bad news for the vacation rental industry, experts now say the sector is on fire
by Jim Dalrymple II | Jun 25
Rental Beast launches program to integrate with MLS platforms
The all-in-one online rental listing service says the integration has the potential to connect MLS member agents and brokers with a millennial rental market that could yield $12 billion in annual rental commissions
by Lillian Dickerson | Jun 23
Family-oriented rentals are next area of growth, opportunity
In a report released Monday, the Urban Land Institute highlighted the need for more two and three-bedroom rentals to meet the growing demand of families
by Marian McPherson | Jun 22
Todd Baldwin on being a 28-year-old landlord in these turbulent times
'If you are interested in it or have the means to do it, just start,' the Seattle landlord advises prospective investors
by Veronika Bondarenko | Jun 22
Vacation rental sites roar back to life with surge of spring bookings
After a period of rolling out more lenient reservation cancellation policies and more stringent cleaning procedures in the wake of the coronavirus pandemic, Airbnb, Vrbo and other vacation-rental websites are starting to see an increase in bookings again
by Lillian Dickerson | Jun 16
Rent price growth plummets amid widespread unemployment
Rent for single-family homes grew by 2.4% in April, a major drop from 3% in March
by Veronika Bondarenko | Jun 16
Vacation rental giant Vacasa announces $108M funding round
The firm also indicated its industry appears to be recovering from the lows of the coronavirus pandemic
by Jim Dalrymple II | Jun 2
Expensive U.S. cities see rents fall amid coronavirus pandemic
San Francisco in particular has experienced a historic drop in rent amid the pandemic, though rents are also down in New York, Boston and other cities
by Jim Dalrymple II | Jun 1
Some landlords got aid money. Many others were excluded
Smaller landlords form the 'backbone' of the residential rental industry. But they have been largely excluded from the Paycheck Protection Program during the coronavirus pandemic
by Jim Dalrymple II | Jun 1
DC-area landlord Vipin Motwani on navigating business with empathy
While landlords may have seen a drop in income due to coronavirus, tenants often face direct layoffs and much less of a financial cushion — and, as Motwani stresses, confrontation is simply not productive
by Veronika Bondarenko | Jun 1
Months into pandemic, 70% of guests are afraid to stay in an Airbnb
Additionally, nearly half of Airbnb hosts reported that they don't currently feel safe renting out properties, according to a survey by IPX1031
by Lillian Dickerson | Jun 1
Mets star, NYC landlord locked in rental dispute
Noah Syndergaard, accused of shirking his rent payment responsibilities, fired back on Twitter
by Patrick Kearns | May 27
Real estate is looking very different in the Hamptons this summer — here’s why
Top New York real estate agent Jamie Safier is seeing incredible growth in demand in the Hamptons as well as changes in what renters are looking for
by Christy Murdock Edgar | May 25
How to protect yourself as a first-time landlord
Opinion
Real estate investing is a competitive and risky game. Although you can't control when a global health crisis strikes, as an aspiring investor, you can protect yourself by adopting these necessary strategies and techniques
by Anna Johansson | May 22
Rent prices could take a hit from widespread unemployment
Rent grew 3 percent in March, a small drop compared to the three preceding months
by Veronika Bondarenko | May 19
Making sense of the headlines: How will COVID-19 impact real estate long term?
Opinion
From owner-occupied to high-rises to rentals of all kinds, Windermere Chief Economist Matthew Gardner gives his take on probable outcomes for residential asset classes
by Matthew Gardner | May 19
Small landlords get creative to adjust to post-pandemic landscape
With the pandemic wreaking havoc on the economy and leaving millions out of work, small landlords and Airbnb hosts are finding new ways to move forward amid financial trouble
by Veronika Bondarenko | May 18
Florida to relaunch vacation rentals — but not for New Yorkers
'If you tell me you’re going to rent them out to people from New York City, I'm probably not going to approve that, OK?' Governor Ron DeSantis said on plans to allow vacation rentals to restart
by Veronika Bondarenko | May 18
Should Airbnb owners sell or wait for a rebound? Agents weigh in
Three real estate agents in California, Utah, and Florida share how they're helping investors decide whether to sell or keep their rental properties as travel remains at a standstill
by Marian McPherson | May 11
$1,200 stimulus check made little difference for renters, owners
According to Apartment List's latest study, the nonpayment rate for stimulus check recipients was only 3 percent lower than for those who didn't receive the payment
by Marian McPherson | May 7
Airbnb to lay off almost 1,900 people amid coronavirus struggles
The layoffs come as the pandemic has largely stopped global travel and after Airbnb previously undertook cost-cutting measures
by Jim Dalrymple II | May 5
5 things you need to know about lease renewals and rent hikes
Is your tenant's lease about to expire? Here are 5 things you need to consider before raising rent or asking your tenant to sign a new lease
by Marian McPherson | May 5
Increased uncertainty prompts rise in short-term and furnished rentals
As tourism drops and more renters are faced with questions of what comes next, a market for short-term leases and furnished rentals is opening up
by Lillian Dickerson | Apr 30
NYC poised to experience influx of out-of-state renters post virus
Apartment List's latest migration report reveals renters are still interested in moving to New York City and other coronavirus hotspots once the pandemic ends
by Marian McPherson | Apr 28
Inman's state-by-state guide to evictions, rent and foreclosures
Rent and mortgage payments are due. Different states have different strategies for people who can't pay during the pandemic. We're updating this post as the situation evolves
by Jim Dalrymple II | Apr 28
How a downturn could tip the scales against mom-and-pop landlords
Mom-and-pop landlords have been losing market share for decades. The last time there was a downturn, that trend accelerated
by Jim Dalrymple II | Apr 27
'Sex-for-rent' requests from landlords soar amid pandemic
Women's advocacy groups in Hawaii and Illinois say renters are being pressured to perform sexual acts in lieu of rent as unemployment rises
by Marian McPherson | Apr 20
'I don't want to evict anyone': 3 investors on how COVID-19 has impacted them
Small-time real estate investors in Atlanta, Denver and Knoxville share how they're balancing their financial security while caring for tenants
by Marian McPherson | Apr 20
How to improve remote leasing efforts with video
How can leasing agents adapt to today's challenges and show apartments in remote situations? Answer: It's all about video
by Aaron Galvin | Apr 14
How to give tenants a break while also protecting yourself
The coronavirus pandemic has kneecapped many tenants' ability to pay rent. Landlords may want to offer some leeway, but they have to be smart about it
by Jim Dalrymple II | Apr 13
Even amid coronavirus, most New York tenants paid April rent
The Community Housing Investment Program said that only 10% of its landlords did not receive rent for the coming month
by Veronika Bondarenko | Apr 7
Rent growth slows amid coronavirus pandemic
Rents still increased in March, but the growth slowed at a time when rents would normally be rising more quickly
by Jim Dalrymple II | Apr 6
Can landlords discriminate based on a tenant's job? It's complicated
The short answer is probably not. The long answer is complicated — and it's happening
by Jim Dalrymple II | Apr 3
What should landlords do when tenants can't pay rent?
The number of people who have filed for unemployment in the past few weeks is approaching 10 million. This week, many of those people also had to pay rent
by Jim Dalrymple II | Apr 2
Fear and uncertainty is mutual among renters and landlords: Poll
A vast number of renters have lost their jobs during the pandemic, leading to 'fear far worse than expected,' according to a new survey of more than 2,700 landlords and 7,300 renters
by Jim Dalrymple II | Apr 1
Airbnb announces drastic cost-saving measures to survive slowdown
CEO Brian Chesky said he and his executive team will take dramatic pay cuts along with eliminating marketing budget
by Marian McPherson | Mar 30
Cheesecake Factory says no to rent at 294 locations. Socialists rejoice
Thanks to pandemic-related closures, the company said it doesn't have enough to pay landlords in April. Jokes about a caramel-drizzled revolution ensued
by Jim Dalrymple II | Mar 25
People are fleeing cities amid coronavirus. Where are they going?
Data retrieved by Airbnb analysis website AirDNA shows that short-term renters are ditching cities for more rural areas as COVID-19 cases become more widespread
by Lillian Dickerson | Mar 25
Airbnb-backed startup Lyric sacks staff, shutters locations amid virus
The boutique hotel has fired a majority of its 100-person staff and plans to close 400 units in 10 locations
by Marian McPherson | Mar 25
56% of renters still plan to move despite ongoing pandemic
RentCafe's latest survey shows the majority of renters aren't canceling moving plans
by Marian McPherson | Mar 24
Coronavirus is already impacting short-term rentals
The ongoing pandemic has already slowed bookings for companies like Airbnb, and may prompt investors to shift their strategies going forward
by Jim Dalrymple II | Mar 23
Rently self-guided tours coming to 75 more rental communities
An award-winning national property manager responds to reduction in face-to-face showings by rolling out Rently's patented touring technology
by Craig C. Rowe | Mar 23
In New York, open houses and cold calls are suspended. Is rent next?
Gov. Andrew Cuomo has already called for a moratorium on evictions at the epicenter of the Coronavirus pandemic. Now state and city officials are calling for a rent freeze
by Patrick Kearns | Mar 23
Major California landlord group calls for rent freezes, eviction halts
The California Apartment Association represents owners and managers. Referring to the coronavirus pandemic, it said the 'challenge before us is one like we have never endured'
by Jim Dalrymple II | Mar 20
Zumper fast-tracks online tour tools, presses on with hiring plans
The nation's largest rental search and transaction platform has pushed up the launch of new online tour tools to counter the 'coronavirus market.' HUD's call to delay evictions could have long-standing impact on property market
by Craig C. Rowe | Mar 20
Rental season 'completely derailed' by coronavirus
Apartment search company RentCafé said that in the last week searches for apartments on its site have fallen 25%
by Jim Dalrymple II | Mar 18
Coronavirus safe house listings pop up on Craigslist, Airbnb
Numerous rental listings around the world are being billed as 'coronavirus-free.' Many also tout the fact that they have toilet paper
by Jim Dalrymple II | Mar 13
Elected officials want to halt evictions over coronavirus
Members of the New York State Senate and even presidential hopeful Bernie Sanders have called for a temporary ban on evictions as the country deals with the deadly illness
by Patrick Kearns | Mar 13