Summer is the season for rental scams, Better Business Bureau says
Renters face the greatest financial losses due to scams during summer months, as peak moving season arrives and the rental scammers emerge
by Lillian Dickerson Jul 20
Zumper launches in-app messaging experience
The new feature will allow renters to communicate directly with Zumper's leasing partners and submit application materials or rental documents within the app
by Lillian Dickerson Jul 20
Rent prices skyrocket across the country: CoreLogic
Phoenix once again saw rent prices increase more than any other metro
StreetEasy arms renters to fight housing voucher discrimination
New pop-up informs renters that it's illegal to discriminate by legal source of income in New York and New Jersey
by Andrea V. Brambila Jul 19
More vacation home consumers willing to buy sight unseen
A new report from Vacasa suggests that agents working with vacation home investors should also pay attention to newer and younger buyers
by Jim Dalrymple II Jul 19
Mortgage boom for second homes takes hit amid new lending rules
New lending rules and a return to the office may have dented the prolific rise in demand for second-home loans, according to new data
by Daniel Houston Jul 14
Why baby boomers have such a huge influence on real estate trends
While one subset of baby boomers is flocking to the rental market, another is hesitant to sell
by Libertina Brandt Jul 14
America's hottest neighborhoods: Midtown District in Oklahoma City, Oklahoma
Oklahoma City is experiencing a pandemic-induced real estate boom, with coastal buyers flocking to one of the city's most vibrant areas: Midtown. Here's what you need to know about OKC's hottest neighborhood.
by Marian McPherson Jul 12
Inman Review: RentSpree's tools make quick work of tenant challenges
Opinion
RentSpree's founders noticed a leak in the workflow stream and built something not just to patch it — but to augment the entire leasing process
by Craig C. Rowe Jul 9
Realtor.com launches microsite with fair housing resources
Visitors to 'Realtor.com for Everyone' are able to search for Realtors who have completed NAR’s At Home with Diversity certification
Tenant experience apps: Who they're for and what they do
Property managers say they want to add new tenant features to their web portals and mobile apps; these services want their business
by Daniel Houston Jul 6
15 tips for first-time real estate investors, straight from the pros
Inman spoke with industry pros to learn their top tips for first-time real estate investors, and they had plenty of knowledge to share with newbies in need of a little bit of confidence
Inman Review: Property managers have a smart, efficient partner in Leonardo247
Opinion
Leonardo247 serves as a bonding agent between the known and unknown of managing multiple large apartment communities
by Craig C. Rowe Jul 2
4 states lift eviction ban; renters left with weaker federal protections
State-level protections for tenants behind on rent expired in 4 more states this week as the clock ticks on the federal eviction ban
by Daniel Houston Jul 1
Short-term rental firms hone in on safety rules after alleged rape
Vrbo and Tripadvisor are reviewing how hosts transfer keys after a Bloomberg investigation into violent crimes at Airbnb listings
Treehouses, yurts, private islands: Demand for 'unique' short-term rentals is spiking
Searches for certain types of unique homes have exploded by more than 1,000% compared to just 2 years ago, according to Airbnb
by Andrea V. Brambila Jun 30
After year of lower rent, landlords steer back to pre-pandemic prices
Rents nationwide have recovered fully from their pandemic-induced declines, according to a new report from Apartment List
by Daniel Houston Jun 29
Travelers rush to book thin rental inventory in hot US vacation spots
Demand for vacation rental homes has outpaced supply in the Gulf Coast, Southeast and Midwest, Vrbo's president said in a recent interview
by Daniel Houston Jun 29
Second-home startup Pacaso to add markets in North America, Europe
The company, which offers co-ownership of second homes in 20 U.S. markets, announced plans to expand into Europe, Mexico and Canada
by Daniel Houston Jun 29
Renters were already feeling better. Then the eviction ban was extended
A new Zillow analysis found renters were growing more confident even before the government extended its moratorium on evictions through July
by Daniel Houston Jun 25
Rental proptech Lessen secures $35M in Series A
Lessen is a web-based platform for connecting rental property owners and their management services teams with professionals to assist in an array of business-critical operations
by Craig C. Rowe Jun 24
Biden administration extends eviction moratorium through end of July
The Centers for Disease Control and Prevention approved the one-month extension with the caveat that "this is intended to be the final extension of the moratorium"
by Lillian Dickerson Jun 24
Blackstone shells out $6B to re-enter rental market
Blackstone Group Inc. has reached a deal to acquire single-family rental home company Home Partners of America Inc. for $6 billion in cash after a competitive bidding process
by Lillian Dickerson Jun 23
Paying rent with a credit card touted as 'path to homeownership'
Kairos, the company behind the Bilt Mastercard, says renters can earn points and apply them to house down payment
by Matt Carter Jun 22
Multifamily rental market rebounds to pre-pandemic levels
The median multifamily rent increased 2.5 percent in May, according to Yardi's latest rent report on Tuesday. West Coast markets experienced the greatest increases as buyers hold off on the homeownership plans
by Marian McPherson Jun 15
What is dynamic pricing for short-term rentals and how does it work?
Today, there are a number of digital dynamic pricing tools available to property owners that automatically change prices on properties based on a variety of market factors
by Lillian Dickerson Jun 15
Rent prices growing faster than pre-pandemic levels: CoreLogic
Rent for a single-family home grew by 5.3% across the country in April, according to the latest report from CoreLogic
NAR, Updater partner to provide real-time relocation data to Realtors
Trade group will be able to use 'pre-move' data to inform reports on migration patterns and housing demand
Where travelers are planning their getaways this 'hot vax summer'
Travelers are mostly seeking family-friendly short-term rentals in rural areas relatively close to home. But, major cities have risen in popularity for long-term summer stays too
America's Hottest Neighborhoods: Willow Glen in San Jose, California
Robust work-from-home policies following the pandemic and an upcoming development by Google, as well as other amenities, are making Willow Glen an enviable place to live
DC appeals court reinstates nationwide eviction ban
The ruling extends protections for tenants until June 30, when the CDC's national moratorium is set to expire
by Marian McPherson Jun 3
Man offers discounted rent for dog-sitting, draws internet outrage
The Zillow listing for the 3-bedroom Austin home, which was discovered by Reddit user u/KlutzyInflation, offers reduced rent to tenants willing to dog-sit the owner's 16-year-old black lab
SoftBank-backed construction startup shutters US operations
After a final $200M investment from SoftBank, Katerra is closing after years of financial mismanagement and rising construction costs
by Marian McPherson Jun 2
NestEgg launches month-to-month property management service
With NestEgg Freedom, landlords and property owners can access NestEgg's full suite of services for $29 per month per unit
by Marian McPherson May 27
Ahead of travel season, Airbnb makes it easier to list properties
The short-term rental giant unveiled over 100 updates to its platform, including flexible searching options for guests and a simplified onboarding process for hosts
More than half of all renters are planning a post-pandemic move
Renters surveyed by property management software company Entrata cited cost and space-related reasons as their biggest impetus for moving over the last year
by Lillian Dickerson May 25
Homeowner's Airbnb 'Hobbit House' draws the ire of Warner Brothers
A woman in the Canadian province of British Columbia claims Warner Brothers asked her to remove reference to the 2012 'Hobbit' movie or the wider 'Lord Of The Rings' franchise
Florida Realtors bring new challenge to federal eviction ban
The repeal of CDC moratorium is currently stayed and pending appeal in a case brought by Alabama Realtors
by Matt Carter May 20
Vacasa teams up with Marriott International
Travelers will now be able to book more than 10,000 properties that Vacasa manages through Marriott's Homes & Villas by Marriott International platform
by Jim Dalrymple II May 20
5 people to watch at realtor.com as the company plots its next move
The News Corp. subsidiary is laser-focused on growing traffic and improving the consumer experience as it maintains its industry ties
by Andrea V. Brambila May 20
Dozens of economists don't see any bursting bubbles on the horizon
A new survey of 42 economists showed that home prices, housing starts, apartment vacancies and other factors should remain healthy for the next several years
by Jim Dalrymple II May 19
Thinking of getting into property management? Here's a strategic approach
Whether you plan to manage 2 properties or 100, there’s never been a better time to leverage your experience and contacts to start a high-cashflow business in property. Here's how
by Victoria Kennedy May 18
'The Royal Tenenbaums' home available to rent for first time
The property made famous in director Wes Anderson's 2001 film is now available for a 12-24 month lease at $20,000 per month
by Lillian Dickerson May 17
Airbnb faces Q1 loss of $1B
Despite continuing to suffer losses in the wake of the pandemic, Airbnb's CEO Brian Chesky expressed optimism about an upcoming summer full of pent-up travel demand.
by Lillian Dickerson May 14
Inman Review: Tenants and leasing teams get better connected with RentTango
Opinion
Manage your apartment portfolio with RentTango's lead-to-lease solution for marketing vacancies, managing applicants and processing digital leases
by Craig C. Rowe May 14
US on pace for best summer ever for short-term rentals
Nationally, short-term rentals are already seeing summer 2021 demand exceed 2019 levels, according to AirDNA, a short-term rental analytics company
by Lillian Dickerson May 13
5 trends that will dominate the future rental market
The suburbs will likely continue to be popular, but who owns and lives in the houses may change, according to panelists at the Urban Land Institute's virtual Spring Meeting conference
by Jim Dalrymple II May 11
Inman Handbook: Finding success in the short-term rental market
With this summer's short-term rental market poised to be one of the busiest ever, owners need to be on top of their game. Here's how investors and independent hosts can succeed
by Lillian Dickerson May 11
'It's time for it to go': Agents react to end of eviction ban
A federal judge lifted the eviction moratorium on Wednesday, and Realtors responded with strong feelings on both sides
What the end of the eviction ban means for landlords and tenants
Mortgage foreclosure litigation attorney Jason Vanslette shares how the moratorium ruling impacts landlords and property owners — and why waiting to evict may be the smart move
by Marian McPherson May 6
Luxury short-term rental unicorn Sonder will go public with SPAC
The deal would value the combined company at $2.2B
FTC and CFPB to landlords: We'll hold you accountable to eviction ban
The joint letter issued to landlords entreated them to ensure that they and their debt collectors were fully complying with the FTC Act and the Fair Debt Collection Practices Act
Bitcoin house in San Francisco to auction 75-year NFT leases
San Francisco-based startup co-living space 20Mission will launch the first-ever auction of spaces as non-fungible tokens starting on May 5th, the company announced on Thursday
Property management platform Guesty raises $50M
Guesty, which offers a software solution to manage multiple short-term rental listings through sites like Airbnb, also scooped up a competitor
Compass sued over rental where partygoer was fatally shot
The brokerage says that the agent who allegedly knew the property would be used as a party venue was fired about a month ago
by Andrea V. Brambila Apr 27
These are the best places to buy a beach house in the US
Regions of North Carolina, Washington and Alabama are likely to earn beach home owners the most money when they rent out their properties
by Jim Dalrymple II Apr 26
Keep a lid on spending! 7 cash flow tips for your multifamily business
Some expenses, when left unchecked, can end up costing you. That's why keeping an eye on the money flowing out of your business can be a good way to improve your profitability. Here are a few tips for optimizing your cash flow.
by Bill Ham Apr 26
Beyond Pricing rebrands as Beyond to reflect growth
The startup says it now offers more than a dynamic pricing tool designed to maximize rental revenue for Airbnb hosts and property managers
by Andrea V. Brambila Apr 22
SmartRent inks $2.2B merger deal with Fifth Wall SPAC
Once closed, the merger would mark one of the biggest deals between a proptech firm and a special-purpose acquisition company to date
by Lillian Dickerson Apr 22
Increase your rental's property value! 7 home improvement ideas
Increasing your rental's value takes lots of time, effort and even monetary investments — but it's well worth it in the end. Here are a few inexpensive and easy home improvement ideas that will help you see the best return on your rental property
by Nichole Shahverdi Apr 20
Guaranteed rent model property management firm Doorstead secures $12.5M
The company's model is predicated on providing its landlord customers with a patent-pending rent analysis solution that identifies the ideal rate after processing more than an 11M market data points
by Craig C. Rowe Apr 15
Landlords are waiting months for pandemic rental assistance
State and local governments are overwhelmed by the task of launching programs to review thousands of applications from renters and landlords
by Andrea V. Brambila Apr 14
Miami MLS, Rental Beast partner to help agents amid housing shortage
As part of deal, Rental Beast will power a new, custom-branded rental search portal for the Miami Association of Realtors
by Andrea V. Brambila Apr 13
Rents see national growth after 8-month stretch of declines
The US median rent increased 1.1% year over year in March after 8 consecutive months of declines, according to a new report from realtor.com released on Tuesday
by Lillian Dickerson Apr 13
Party's over: Airbnb rolls out new plan to stop summer gatherings
The short-term rental company's 'Summer of Responsible Travel' plan is meant to prevent large gatherings amid the pandemic while supporting hosts and neighbors
Luxury short-term rental unicorn Sonder in merger talks with SPAC
The deal would value the combined company at more than $2.5B
RentSpree expands MLS Partnership Program
The company is launching partnerships with several new multiple listing services across the country and will extend its integrated MLS services to about 140,000 additional agents
Redfin finalizes $608M RentPath acquisition earlier than expected
Redfin has acquired RentPath nearly 2 months after CoStar Group paid RentPath a $52 million break fee for a failed acquisition in 2020
by Marian McPherson Apr 5
Vacasa wraps up acquisition of major rental rival Turnkey
First announced in early March, the acquisition of TurnKey Vacation Rentals will add roughly 6,000 units to Vacasa's ever-growing portfolio
by Jim Dalrymple II Apr 1
Self-tour company Rently raises cash in industry 'ripe for disruption'
The funding amount was undisclosed, but McCarthy Capital typically makes equity investments of between $15 million and $75 million
by Andrea V. Brambila Mar 31
Rents rise in suburban and rural areas, remain flat in urban centers
Recent data from Zumper shows that suburban and rural rents grew 5 to 7 percent more than urban rents over the last year. However, some secondary cities that thrived during the pandemic are now starting to see rent declines
by Lillian Dickerson Mar 29
How investors can make the most of Airbnb's new flexible dates feature
The new search feature could be a good thing for both guests and hosts, providing more stay options for the former and more exposure for the latter
by Lillian Dickerson Mar 29
Airbnb now has more listings than before the pandemic
Small towns, rural areas and resort-oriented communities have proven to be the most resilient markets for short-term rental supply during the COVID-driven tumult of the last year
by Jim Dalrymple II Mar 26
NY building with ties to A-Rod, Barbara Corcoran cleared out COVID patient's apartment
Real estate mogul Barbara Corcoran and retired baseball star A-Rod are part-time owners of 133 Avenue D, where Ryo Nagaoka lived for 20 years before being hospitalized with coronavirus
The magic of Disney spurs surge in Orange County Airbnb bookings
Airbnb bookings in the area surrounding Disneyland jumped 73% when the theme park announced its April 30 reopening
by Lillian Dickerson Mar 24
Over one-third of renters are unsatisfied with their amenities
As of February, 36% of US renters reported being unsatisfied with their current apartment amenities, according to a 3,000-person survey conducted by Apartment Guide
by Lillian Dickerson Mar 23
Some landlords are declining funds from the Emergency Rental Assistance program. Here's why
Some landlords are declining the funds because of regulatory tape attached to them. Others hope to replace struggling tenants with more financially secure renters
by Lillian Dickerson Mar 23
Demand to rent a floating mansion in Miami is off the charts
The 75-foot-long floating mansion was once featured in a DJ Khaled video
The Real Word: How will rising rent prices affect the housing market?
Opinion
This week, Byron Lazine and Nicole White discuss rising rent prices, alternative home financing and how Matt Lionetti stands out from the crowd
by Byron Lazine Mar 19
Lawsuit accuses 88 landlords and brokerages — including Compass and Corcoran — of discrimination
The lawsuit filed in federal court in Manhattan on Monday by watchdog group the Housing Rights Initiative claims the New York City brokerages and landlords in question have discriminated against people with housing vouchers
by Lillian Dickerson Mar 15
The Inman Handbook on Landing
Landing is upending the rental market with furnished, flexible leasing options for members in more than 80 markets around the country
by Craig C. Rowe Mar 15
February sees record new bookings for short-term rentals: AirDNA
While short-term rental stays that took place during February were at a record low, new bookings made during the month hit a high, according to short-term rental analytics company AirDNA
by Lillian Dickerson Mar 12
Zumper employs artificial intelligence for rental leads
PowerLeads AI will analyze renter behaviors in order to predict the likelihood of a particular renter signing a lease for a specific apartment
by Lillian Dickerson Mar 11
Vacasa to acquire major vacation rental rival
The acquisition of TurnKey Vacation Rentals will add more than 6,000 units to Vacasa's already large portfolio of travel-oriented lodging
by Jim Dalrymple II Mar 11
Will COVID-19 compel developers to pandemic-proof residential buildings?
Socially distant amenities, more outdoor spaces and ultra-clean lobbies are a few design strategies that might become more prominent post-pandemic
by Bennat Berger Mar 11
RealPage launches new virtual apartment tour solution
The integrated virtual touring solution will provide interactive virtual content for a potential client to explore, as well as a live leasing agent available on-demand
Manhattan landlords warehouse rentals amid slowdown
Critics say the practice by landlords to remove unrented apartments from the market as a cost-saving measure only amplifies the city's housing shortage and is 'unconscionable'
Commercial property giant Jones Lang LaSalle takes on rental market
JLL has forged an agreement with rental property management company Roofstock, which stands to give the fintech startup significant stature in the rental home investment market
CoStar will pay RentPath $52M for scuttled deal
After the FTC spiked CoStar's attempted acquisition of RentPath, Redfin stepped in to buy the embattled operator of rental marketplaces
by Patrick Kearns Mar 4
Redfin’s bid to buy RentPath isn’t about rentals
Opinion
Of course, Redfin is making a move into the rental space. The only surprise about this acquisition should be what took so long
by Jay Thompson Mar 3
What do retirees want? Short-term-rental-free communities
A growing number of luxury communities are banning short-term rentals for residents' peace of mind
by Marian McPherson Mar 2
The South and Midwest rule Rent.com's cheapest cities list
Springfield, Missouri, topped Rent.com's cheapest cities list, with the average rent for a two-bedroom clocking in at $826
by Marian McPherson Mar 1
Federal judge in Texas rules eviction moratorium unconstitutional
US District Judge John Barker argued that Congress lacked the authority to give the CDC power to halt evictions, and that the moratorium threatened to impinge upon landlords' rights under state law. The DOJ filed a notice on Saturday to appeal the ruling
Airbnb reports $4.6B loss in first earnings report since going public
Despite a stunning public debut in December that clocked the company's valuation at over $100B, the short-term rental company's total revenue was down 30% from the year previous
by Lillian Dickerson Feb 26
Rental leasing startup Sunroom nabs $11M Series A round
The company works with real estate agents and property managers to handle all aspects of the leasing process
by Patrick Kearns Feb 25
CoStar revenue leaps to $1.7B, but profits take a hit
The company closed three acquisitions in 2020, and CEO Andrew Florance indicated during an earnings call that CoStar's buying spree is far from over
by Andrea V. Brambila Feb 24
'IBuyer of rentals' Nomad announces $2M seed round
The Dever-based company provides landlords with services such as 2 years of guaranteed rent and 24/7 property management to help them achieve 'set it and forget it' mode on rental properties
by Lillian Dickerson Feb 17
Foreclosure ban and mortgage forbearance through June
Analysts say unemployment will continue to be an ongoing issue even as the pandemic subsides
by Andrea V. Brambila Feb 16
Property owners in 48% of US counties are at major default risk
A RealtyTrac report found that single-family rental property owners in nearly half of US counties are at an above-average risk of default
Landlord-tenant relations: How to make communication work 
High-touch or low-touch, communications between landlords and residents are most valuable when there's a solid relationship backing them
by Lillian Dickerson Feb 16
The cost of rent just keeps climbing: CoreLogic
Nationwide rent prices rose 3.8% in December, with Phoenix seeing a jump of 10.7%
Agents can 'buy now, pay later' on Rental Beast
ECommission's Access service allows agents to devote up to $1,000 of a future commission toward participating products and services
by Andrea V. Brambila Feb 11
How property management firms can avoid staff turnover
The multifamily housing industry has long faced a high turnover rate, but ramping up online trainings and recognizing employee achievements could significantly help, according to a recent survey
Super Bowl short-term rental demand at its lowest since 2014: AirDNA
The 2021 Super Bowl has only brought about a 35% increase in demand for short-term rentals compared to a 50% increase seen in 2020 in Miami and a 263% increase seen in 2019 in Atlanta
Western states generate big returns for vacation homeowners
Vacation rental giant Vacasa identified Big Sky, Montana, as the most lucrative market in which property owners can own a second house. Seven western communities made the list
by Jim Dalrymple II Feb 3
12 ways to generate listings in a low-inventory market
Here are a few ways real estate agents can proactively persuade potential homesellers to put their properties on the market now
by Bernice Ross Feb 3
AirDNA: Demand for urban short-term rentals down 55.5%
The company's first monthly market report highlights the continued draw of destination and resort markets for short-term rentals, as well as markets that provide ample opportunity for outdoor activities
by Lillian Dickerson Jan 28
Zillow expands renter protections tool to fight income discrimination
The company is expanding the bounds of its Local Legal Protections tool to help renters combat discrimination based on how they pay rent
by Lillian Dickerson Jan 28
Lizzo, A-Rod among Apartment List’s new celebrity investors
The Series D funding round closed at a total of $60 million with contributions from several celebrities, including NBA player Andre Iguodala and actress Priyanka Chopra Jonas
by Lillian Dickerson Jan 27
Can an Airbnb host offer discounts to vaccinated guests? Absolutely
The question has generated a heated discussion in a private Airbnb host Facebook group, but offering a discount to vaccinated guests doesn't violate any law or Airbnb policy
by Lillian Dickerson Jan 26
Rent prices continue to decline along the coasts: realtor.com
Some of the nation's largest markets, including New York City and San Francisco, experienced double-digit rent declines as renters head toward the suburbs
by Marian McPherson Jan 21
Vacation booking platform Vrbo to block new Washington, D.C., reservations
The move comes amid the specter of violence during the inauguration of President-Elect Joe Biden. Airbnb also previously said it would block reservations and cancel existing ones in the area
by Jim Dalrymple II Jan 19
Black renters are twice as likely to have rent debt: Study
Apartment List's latest study revealed Black renters have been disproportionately impacted by unemployment, which puts them at greater risk of eviction
by Marian McPherson Jan 19
With 1 day until inauguration, DC locals press hotels, homeowners to follow Airbnb's lead
Despite Airbnb's decision to block and cancel all reservations during the week of the inauguration, Trump supporters are finding new ways to book stays in our nation's capital
10 crucial features that will draw guests to your short-term rental
The short-term rental market is booming. Here's how to set your property above the rest
by Lillian Dickerson Jan 19
Rent prices growing faster than pre-pandemic: CoreLogic
Widespread unemployment has not managed to dampen rent growth in most parts of the country
These are the most desired Airbnb rentals in every state
Whether a treehouse in New York or a yurt in Arizona, Airbnb users are wish-listing properties in every state with the hope of someday traveling again
Airbnb to block and cancel all DC reservations ahead of inauguration
The risk of riots and violence has pushed Airbnb to block all DC rentals next week
Membership-based flexible leasing startup Landing raises $100M
Since launching in late 2019, the company has raised $180M in funding and has expanded to a total of 75 US cities
by Lillian Dickerson Jan 13
Short-term rental giant Vacasa taps ANGI Homeservices exec as CFO
Jamie Cohen previously spent nearly a decade in various leadership roles at ANGI Homeservices before joining Vacasa
by Jim Dalrymple II Jan 12
Pay rent, earn rewards. Piñata app connects landlords, tenants
Piñata is an app that serves as a loyalty program for property managers, encouraging tenants to pay in full and on time each month
by Craig C. Rowe Jan 11
NestEgg cracks the code for small landlords and the agents who help them
Opinion
An exceptionally well-orchestrated rental business app for small landlords, you'll be hard-pressed to find a stone this software doesn't uncover
by Craig C. Rowe Jan 8
It's cheaper to own a home than rent in 63% of markets
Less populous areas and counties located in the Midwest and South are more likely to have more affordable homebuying than renting options, according to a report from Attom Data Solutions
Rent payments were down every month during the pandemic
A new report from Rentec shows that by the end of 2020, the number of rental payments landlords received was down 24% compared to March
by Jim Dalrymple II Jan 5
How to ensure your investment property is winter-ready
Winter weather poses some serious safety issues. Here's what property owners need to know about snow removal, de-icing, and protecting their tenants
by Marian McPherson Jan 5
'Cancel rent' activist eyed for NYC planning commission: Report
Advocating on behalf of landlords, the Real Estate Board of New York, the state's dominant real estate trade group, called Cea Weaver's potential nomination 'unfortunate'
Pricey cities see 'astounding' rent drops as 2021 begins
A flood of people leaving pricey places like New York and Boston have sent rents in those cities plummeting, while rents in traditionally more affordable areas have climbed
by Jim Dalrymple II Jan 5
Home for the holidays? Nope, say vacation rental companies
Demand for family- and pet-friendly properties during the holidays is on the rise. Nationwide, reservations with children are up 15% year over year while New Year's Eve vacation rentals jumped nearly 20% compared to last year, according to Vacasa
How multifamily complexes can win the amenity arms race
We know that technology and automation are necessary to attract tenants to multifamily complexes. But what developers aren't doing is using this interconnectivity to enhance the feeling of community
by Michael Crow Dec 22
Apartment List nabs $50M funding round at $600M valuation
The funding round valued the rental listing marketplace at $600M, double the valuation it received for its Series C round
by Patrick Kearns Dec 21
Local Logic updates with enhanced demographic data, granular market reporting
Opinion
The website add-on tool made listings shine with local narratives. New features do even more with big data and buyer information tools
by Craig C. Rowe Dec 18
Move Inc. acquires rental platform Avail
The platform provides tools for do-it-yourself landlords, and will now become a part of realtor.com
by Jim Dalrymple II Dec 15
Homes.NYC is the newest New York City home search
Opinion
Launched by Gabriels Technology Solutions and powered by RealPlus, New York's newest property portal emphasizes building video and neighborhood fly-overs.
by Craig C. Rowe Dec 15
The federal eviction ban is about to expire. What happens next?
Although there's hope a relief bill will be passed that includes a 1-month extension, if the moratorium is allowed to expire, as many as 40M renters might be at risk of eviction
by Lillian Dickerson Dec 15
Rinse launches app-based door-to-door laundry service for rentals
The service will provide contactless pickup and delivery of laundry to residents, and can be included in a tenant's lease agreement or as a building amenity for an exclusive price
by Lillian Dickerson Dec 15
The 8 biggest stories that impacted real estate investors in 2020
The hottest topics for real estate investors this year ran the gamut — Airbnb's IPO, WeWork's new CEO, the vacation rental market's comeback, eviction bans and more
by Lillian Dickerson Dec 15
Rent prices spike in most major cities: CoreLogic
While the average rent price rose 3.1% nationwide, Boston and Honolulu were notable exceptions
RentCafe: Gen-Zers kept 2020's sluggish rental market afloat
RentCafe's year-end market analysis covered the rental market's headwinds and a silver lining in the form of increased Gen-Z renting activity
by Marian McPherson Dec 14
AppFolio to pay $4.25M settlement to Federal Trade Commission
The governmental agency alleged that the company failed to properly verify the accuracy of tenant criminal and eviction history before including such information in reports
Among renters, demand for short-term leases soar amid pandemic
In November, 16.4% of renters sought out apartments with short-term leases outside of their current metro area, a 40% increase since January, according to Apartment List
Single-family rental demand remains at record high amid pandemic
According to the National Home Rental Council's Q3 2020 market index, the single-family rental market remains robust as renters flock to the suburbs
by Marian McPherson Dec 8
Here's why housing needs to be more pet-inclusive now
Given the positive effects pets have on stress levels, now's the time for all multifamily communities to adapt their policies and allow for a better living experience — for both pet owners and their furry friends
by Michael Zaransky Dec 8
Replay Listings, RentCity partner to ensure transparency in NYC rentals
Replay Listings, an all-video tour app for New York City apartments, will now have the fast-growing ratings from RentCity to accompany its listing search results
by Craig C. Rowe Dec 7
Alabama and Georgia Realtors sue Trump administration over 'unconstitutional' eviction ban
Trade groups allege CDC moratorium 'unilaterally shifted billions of dollars in economic burdens from one group of Americans, renters, to another, landlords'
New study shows evictions have led to 430,000 COVID-19 cases
Expiring eviction bans at the state level over the course of the pandemic have led to hundreds of thousands of additional COVID-19 cases, according to new research
FTC sues CoStar to stop RentPath acquisition
The regulatory agency argued in a complaint that the move increases concentration in the rental listing space, eliminating the competition that drives advertising prices down
by Patrick Kearns Nov 30
Airbnb exec resigned over data sharing with China
The former FBI deputy director had brought up concerns over the company sharing renters' addresses and phone number with the Chinese government
Rental management platform NestEgg raises $7M
The platform is geared toward small independent landlords who need help with property maintenance, rent collection and searching for new tenants
by Marian McPherson Nov 18
Rent price growth reaches pandemic peak: CoreLogic
Rent for a single-family home grew by 2.5% in September, the largest increase since March
Vacasa CEO: Vacation rentals have no shoulder season now
Matt Roberts said that once lockdowns lifted, Americans flocked to short-term rentals, though their preferences are changing
by Jim Dalrymple II Nov 17
Airbnb files for IPO, reveals soaring losses in early 2020
The short-term rental platform lost nearly $1 billion during the first half of 2020. But a rebound in travel actually allowed it to turn a profit in the third quarter
by Jim Dalrymple II Nov 16
Tech hubs see falling rent as coronavirus pandemic drags on
San Francisco, Seattle and other big cities saw rents drop in October as people sought more space amid ongoing COVID-19 chaos
by Jim Dalrymple II Nov 13
Don't ignore renter leads! 6 steps for turning them into homebuyers
Helping renters become homeowners is about mindset — both yours and your clients'. Here's how to evaluate the renter leads you receive and convert them into homeowners when their lease expires
by Bernice Ross Nov 11
Temporary rental provider Tweener Homes strikes deal with Expedia
The Chandler, Arizona-based real estate company offers fully furnished homes on short-term leases for families 'in between' permanent residences
by Craig C. Rowe Nov 10
The Airbnb IPO could move forward this week. So what's next?
The company's public debut represents a bet that the real estate and travel industries will keep colliding
by Jim Dalrymple II Nov 10
Proposed class-action suit takes aim at Airbnb over pandemic refunds
'I want justice for other hosts who've been hurt by this, and I want Airbnb to be held accountable,' said the vacation rental host who is leading the lawsuit
The battle for rent control in California continues with Prop. 21 loss
California voters struck down Proposition 21, which would've expanded local governments' rights to impose rent control on housing exempt under current law
by Marian McPherson Nov 5
Zillow to end free rental listing syndication in 2021
Rental listings displayed on the real estate portal will need to come through Zillow Feed Connect or Zillow Rental Manager
by Patrick Kearns Nov 3
Rents on the rise for larger units across the country
A new report from Apartment Guide found that studio apartments, which have out-priced one-bedrooms in recent years, are currently the least expensive unit type
Expiring eviction moratoriums could lead to next housing crisis
Economists say America is on the brink of another housing crisis as rent debt reaches $7B
by Marian McPherson Oct 27
Clients planning to rent? 10 realities they need to be aware of
House shopping in the coronavirus era is a high-intensity exercise, with homes selling at warp speeds. Clients who are turning to renting as a temporary solution might need to be aware of today's realities. Here are a few
by Cara Ameer Oct 27
Landlords threaten to raise tenants' rent if Biden wins in November
Landlords in New York, Colorado and Mississippi have evicted tenants or threatened to raise rents based on the 2020 election results
by Marian McPherson Oct 23
Zillow revamps its multi-family rental advertising platform
The company is also launching new data-driven tools for the multi-family rental space that include rent comps and other insights
by Patrick Kearns Oct 20
Single-family rent prices on the rise again: CoreLogic
In August, rent prices rose 2.1% across the US, the first time prices rose more than 2% since the start of the pandemic
'Opendoor for rentals' startup adds former WeWork, Opendoor veterans
Rental operations firm Doorstead announced new hires Monday, including WeWork's former chief real estate officer and executives from Opendoor, Expedia and Uber
by Patrick Kearns Oct 19
32M missed mortgage, rent or student loan payments in September
The number of renters and homeowners able to make payments during the third quarter of 2020 improved slightly from the second quarter, but remained relatively high overall, according to the Mortgage Bankers Association's Research Institute for Housing America
by Lillian Dickerson Oct 16
Metros with lower rent have been most resilient amid pandemic
Metros with lower rental prices, including the Inland Empire and Sacramento in California, have been the most resilient, according to a new report by Yardi Matrix
by Lillian Dickerson Oct 15
'Landlords are scrambling' as rents plunge in West Coast tech markets
Studio rent prices in San Francisco dropped a staggering 31% year over year in September, according to a new realtor.com study
by Patrick Kearns Oct 15
Landlords, lobbyists launch legal battle against eviction moratorium
In the wake of the Trump administration's federal moratorium on evictions, landlords, apartment owners and housing industry groups have issued legal challenges against the order, leaving millions of renters in a precarious position
by Lillian Dickerson Oct 13
Hines branches out to property management with new firm
Hines, a real estate development company with offices in over 200 cities, is launching Willowick Residential, a branch specifically aimed at multi-family property management
It's a small world after all: Average apartment shrank 9.7% since 2010
Centrally located, small and more affordable living spaces dominated the past decade, according to new data released by RCLCO Real Estate Advisors
by Lillian Dickerson Oct 12
Part Instagram, part Pinterest, property search gets social with Rila
Opinion
This new app, inspired by social media, is perfect for real estate listings and agent lead generation. Fun and engaging, the app's success will fall largely on consumer adoption
by Craig C. Rowe Oct 9
How building managers can prepare for a COVID-19 winter
Real estate industry intelligence firm Propmodo recently produced a report detailing the ways property managers can best prepare for both commonplace and worst-case COVID-19 scenarios
Florida and New York go separate ways on eviction bans
Governor Ron DeSantis has allowed Florida's eviction ban to expire while Governor Andrew Cuomo expanded New York's tenant protections to apply to pre-COVID evictions
Carrying out an eviction? How property managers can play it safe
Following the attack of a property manager by a tenant in Seattle last week, real estate safety expert Tracey Hawkins shares her tips on how to avoid violence during an eviction
Chocolate factories, churches and courts: Residential conversions heat up
As new apartment building starts slow, commercial-to-residential apartments conversions are picking up steam as they offer renters affordability and style
by Marian McPherson Sep 29
Could empty hotels be converted into high-end housing? Some say yes
'There will be survivors and there will be casualties, and I think those casualties will be ripe for redevelopment,' says Boston-based developer Ted Tye
Need help with an eviction? There's an app for that
Civvl promises independent contractors they'll earn up to $2,000 per week for helping with evictions and foreclosure cleanouts. But is it legal?
by Marian McPherson Sep 23
Over 11M households struggled with rent and mortgages this spring
Renters were much more likely than homeowners to struggle with monthly payments, according to a new Mortgage Bankers Association report
With virtual learning, rents in college towns are falling fast
Two million more college-age Americans are living with their parents or grandparents instead of renting, according to new data from Zillow released Thursday
Yo homes! The 'Fresh Prince Of Bel-Air' mansion is on Airbnb
'Ready for the freshest staycation ever?' Will Smith wrote on the Airbnb listing. 'If this place looks familiar that’s because it’s just as fly as it was when I first rolled up the driveway. I’m back.'
Permanent vacation? Normal goes out the window as summer rentals extend into fall
Property owners and managers are having good times this summer and fall, but surging demand has also forced the industry to figure out what the market rate for a unit ought to be
by Jim Dalrymple II Sep 14
While it's an improvement, 32% of renters are still in 'rent debt'
Despite the lapse in federal unemployment benefits in August, 68% of renters made an on-time rent payment during the first week of September, meaning just 32% were in 'rent debt.'
by Lillian Dickerson Sep 14
Airbnb long-term bookings are on the rise
As customers return to the platform, they're looking for longer-term stays and the ability to bring pets with them, according to Airbnb CEO Brian Chesky
Hamptons season extended into fall and winter, agents say
'We've done more business for October than at any other time in the past that I can remember,' local broker Angela Boyer-Stump told Inman
'Alexa, show me the unit': Amazon debuts voice assistant for property managers
The new product allows property managers to offer built-in, voice-assisted smart technology to their tenants
11 neighborhoods ripe for opportunity zone investment
A new report by Attom Data Solutions and CityBldr highlights areas with the greatest potential for taking advantage of tax benefits in order to revive densely packed, low-income communities
Rental concessions are twice as common as in February: Zillow
The proportion of rental listings on Zillow that offer some kind of concession increased from 16.2% in February to 30.4% in July, according to new data released Tuesday
Trump administration issues nationwide eviction ban through 2020
The National Association of Realtors says moratorium will bring 'chaos' to rental housing sector and 'bring more havoc' to the economy
Can property owners learn the warning signs of a grifter?
A rental property owner in New York City's West Village was recently taken advantage of by a 'serial grifter' who turned into a nightmare roommate. Is it possible for property owners to safeguard themselves against these con artists?
September rent is due. How will renters and landlords deal?
The start of the month means that over 100 million Americans living in rentals will have to pay rent without the supplemental aid they previously received as part of the pandemic stimulus package
Zumper announces rent guarantee for small landlords
The company believes the new service will be particularly useful during the coronavirus pandemic, when numerous Americans have missed their housing payments
by Jim Dalrymple II Aug 27
EasyKnock CEO predicts lasting pandemic-induced slump to hit this fall
Many U.S. regions are experiencing a surging real estate market, but Jarred Kessler believes it will be short-lived and the market could start to slow as early as October
by Jim Dalrymple II Aug 25
How to turn your short-term rental's history into a selling point
Lion & Orb founder and marketing expert Audie Chamberlain shares how investors can use their property's history to attract guests and improve profits
by Marian McPherson Aug 25
Jake Beeson on rental scams, COVID-19 and the Phoenix market
'Sadly, you have to think like a scammer whenever you adopt new technologies,' said the cofounder of Beehive Property Management, which oversees more than 300 properties
Developer confidence in multifamily housing rises, but remains relatively low
Multifamily vacancies also rose during the second quarter of the year, though the National Association of Home Builders characterized the industry as experiencing a recovery
by Jim Dalrymple II Aug 21
It's a seller's market all right, and home value growth is accelerating
During July, the typical home value was up 4.5% year over year to $253,527, the fastest value rate increase since May 2019
by Lillian Dickerson Aug 21
Airbnb issues global ban on parties
The short-term rental company announced on Thursday a global party ban and an occupancy cap of 16 people at its listings as the coronavirus pandemic continues
by Lillian Dickerson Aug 21
What to watch for as Airbnb gets ready for an IPO
New rumors suggest the short-term rental giant may file papers to go public as soon as this month. The rumors come as Airbnb's business gradually recovers from a pandemic-related downturn
by Jim Dalrymple II Aug 18
Big Sky yields big returns for vacation-homeowners: Vacasa
Big Sky, Montana, is the best place to purchase a vacation home in 2020, according to rental management platform Vacasa's latest market analysis
by Marian McPherson Aug 18
Rent price growth keeps slumping: CoreLogic
Rent prices grew by 1.4% in June, down from 2.9% growth last year
Increased demand for single-family rentals could lead to 10 years of undersupply
About 6% of new single-family homes are built for the purpose of being rented out, which would yield roughly 700K new single-family units being constructed over the next 10 years, a number well short of current demand, according to RCLCO Real Estate Advisors
by Lillian Dickerson Aug 17
Kamala Harris' record on real estate is mixed
The Democratic vice presidential candidate believes 'housing is a human right' and has proposed legislation for mortgage and rent relief amid the pandemic
by Andrea V. Brambila Aug 12
Management platform Breezeway cleans up with $8M funding round
Founded in 2015, Breezeway is a virtual platform that helps manage which property units have been cleaned and maintained. The Series A round was led by firm Schooner Capital
Landing CEO: Flexible living has accelerated amid pandemic
New member enrollment at Landing, a flexible living company with a leasing model for fully furnished apartments across the US, soared 210% month over month in May
by Lillian Dickerson Aug 11
Rents still rising amid pandemic
Rents are following seasonal patterns, though rents are going down in half of coronavirus hotspots, according to Apartment Guide's Mid-Year Rent Report
Rent prices are slowing faster in cities than in the suburbs: Zillow
Between February and June, annual rent growth slowed 2 percentage points in urban areas while slowing by just 1.4 percentage points in suburban areas, according to a Zillow study
Why 'side suites' are all the rage right now
Accessory dwelling units have been growing in popularity both as a pandemic living option and a solution to affordable housing
Rently self-guided apartment tours to roll out nationwide
The self-guided tour pioneer inked an agreement with Pinnacle Living to help prospective tenants visit apartments on their own within a 160K-unit portfolio
by Craig C. Rowe Jul 30
As tech companies go remote, Bay Area rents tumble
Denser counties close to big tech companies are seeing significant year-over-year rent decreases, with San Francisco experiencing a 7.4% decline, according to a new study
by Patrick Kearns Jul 29