Tag Archives: Rentals

NYC has approved 22% of STR applications under new law

By Ben Verde | January 22, 2024 - 8:40 pm |January 22, 2024 Uncategorized

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Nearly five months after new regulations took effect, NYC has ruled on 90 percent of applications from would-be short term rental hosts. Continue reading →

Blackstone to take Tricon Residential private in $3.5B deal

By Ben Verde | January 19, 2024 - 8:24 pm |January 19, 2024 Uncategorized

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Tricon is a landlord and developer of single-family rental homes in the United States and Canada with a portfolio of over 38,000 rentals. Continue reading →

Airbnb launches new council to address US housing crisis

By Ben Verde | January 19, 2024 - 6:05 pm |January 19, 2024 Uncategorized

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The Airbnb Housing Council will advise the home-sharing company on policies and initiatives it can support to combat housing affordability and inventory issues. Continue reading →

Zillow launches new reporting feature to help renters build credit

By Ben Verde | January 18, 2024 - 5:33 pm |January 18, 2024 Uncategorized

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The new feature will allow renters who pay their rent through Zillow to have their on-time payments reported to a major credit bureau. Continue reading →

Apartment starts hit a 40-year high in 2023. Don’t expect a repeat

By Ben Verde | January 12, 2024 - 9:14 pm |January 12, 2024 Uncategorized

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We may see a reprieve in the number of new rental units coming online in 2024, with CoStar projecting a 25 percent pullback. Continue reading →

AirDNA acquires vacation property management software Uplisting

By Ben Verde | January 9, 2024 - 9:55 pm |January 9, 2024 Uncategorized

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The acquisition represents AirDNA’s first foray into the day-to-day operations of short-term rental properties. Continue reading →

Rent falls for 3rd straight month, thanks to new inventory

By Ben Verde | January 9, 2024 - 5:38 pm |January 9, 2024 Uncategorized

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The median asking rent fell 0.8 percent year over year during the last month of 2023, according to a new report by Redfin, which attributes the fall to an increase in supply. Continue reading →

Clever acquires renter assistance, rewards app Gravy

By Craig C. Rowe | January 8, 2024 - 7:05 pm |January 8, 2024 Uncategorized

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Gravy, an application built to support renters in their homebuying process, has been acquired by Clever Real Estate, a company that specializes in educating consumers about agent choice and the overall transaction process. Continue reading →

Rentals startup Frontdesk lays off all staff after failed funding round

By Ben Verde | January 3, 2024 - 5:38 pm |January 3, 2024 Uncategorized

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All 200 full-time staff members along with contractors and part-time staff were dismissed during “a two-minute Google Meet call.” Continue reading →

Real estate investing in 2023: The roller coaster continues

By Taylor Anderson | January 2, 2024 - 7:36 pm |January 2, 2024 Uncategorized

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Rent began to reverse, office vacancy remained near record highs, banks failed and lending got tricky in 2023. Where are we headed next? Continue reading →