Barry Sternlicht: Rents will go up, and it's Jerome Powell's fault
The billionaire head of Sternwood Capital blamed Federal Reserve chief Jerome Powell's interest rate campaign for killing activity in the multifamily sector
by Ben Verde Jun 7
FBI raids Atlanta office of apartment operator Cortland
Investigators searched the company's office as part of an inquiry into alleged apartment price-fixing in the multifamily industry
by Ben Verde Jun 6
Renters are staying put for longer as housing costs rise
Affordability continues to create challenges for would-be buyers, keeping renters in place for longer, according to a new report from Redfin
by Ben Verde Jun 3
Proposed law in Cleveland could take 44% of short term rentals off the market
The law aims to ban all short-term rentals that have minimum stays of 30 nights and require owners to register their rentals with the city
by Ben Verde May 31
Redfin launches free rental tool for independent property owners
The 'List My Home for Rent' tool is available in 13 US markets and is tailored to property owners with fewer than 10 rentals. Listings will be syndicated to the Rent.com marketplace later this year
by Marian McPherson May 24
Even tech workers struggle to afford sky-high NYC rents
New York City tech workers could only afford about 35% of rental apartments available on the market last year, according to a new report
by Ben Verde May 22
Sun Belt cities see fastest rent deflation amid building boom
Nine of the 10 cities with the steepest drops in rent in April were in the Sun Belt, according to a new report by Redfin
by Ben Verde May 17
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
Multifamily developer sentiment slips during Q1
According to NAHB, multifamily developers are feeling less confident in the market for new builds as high interest rates lead to difficult lending conditions
by Ben Verde May 10
Airbnb continues growth as Q1 profit more than doubles to $264M
Total revenue climbs 18% in the first quarter as Airbnb continued to add supply and benefit from a surge in bookings for events like the eclipse
by Taylor Anderson May 8
NYC rents grew 7 times faster than wages last year
The nation's biggest city saw the biggest gap emerge between the rates of wage growth and rent growth, according to a new report from Zillow
by Ben Verde May 7
Florida is king for short-term rental investors: Study
Tampa, Orlando, Jacksonville and Miami are the leading metros for short-term rental gains, according to Clever Real Estate's latest market analysis
by Marian McPherson May 7
3 ways to diversify your real estate investment portfolio
Whether it’s REITs, international markets, self-storage or residential rentals, Victoria Kennedy writes, each component adds a layer of security and opportunity to your strategy
by Victoria Kennedy May 7
Hawaii to limit vacation rentals amid statewide housing crisis
New legislation will give counties the authority to redefine zoning ordinances to phase out short-term rentals
by Ben Verde May 6
March rents grew dramatically in Chicago and these 4 other cities
18 of the 50 largest US metro areas witnessed rents rise on an annual basis in March, especially in the Northeast and Midwest, where a lack of rental supply is common and owning a home is costly
by Lillian Dickerson Apr 30
Apartment List rolls out Lea Pro, a bot for lead conversions and tours
The artificial intelligence-fueled tool allows leasing agents and landlords to generate new leads more efficiently, providing speed without the need for additional personnel, among other benefits
by Craig C. Rowe Apr 30