Rent was 1% lower in June than a year earlier, but not everywhere
The typical rent was $1,745 a month in June, down $31 from its record high in July 2022, according to a new report from Realtor.com. Continue reading
The typical rent was $1,745 a month in June, down $31 from its record high in July 2022, according to a new report from Realtor.com. Continue reading
Technology company Entrata, which builds an end-to-end business solution for the multifamily sector, has acquired industry colleague Rent Dynamics in an all-cash nine-figure deal, according to Entrata. Continue reading
Despite having cooled for more than a year, the median asking rent in the U.S. remained just $24 below its all-time high as of June 2023, Redfin reported. Continue reading
Rather than being replaced by artificial intelligence, the real estate agent of the future will have fewer rote tasks to perform, Cat Allday, AppFolio’s vice president of AI and product operations, tells Intel. Continue reading
“We aim to make landlords and their tenants’ lives easier by giving them everything they need, and nothing they don’t,” said RentRedi CEO and co-founder Ryan Barone. Continue reading
Builders are adding more supply than at any point in the past five decades, with another million units on the way in the coming few years, according to a new report from RealPage. Continue reading
The number of new homes earmarked for the rental market is expected to double by 2027 as built-for-rent housing rebounds with a record Q1 and developers clamor to partner with investors. Continue reading
Rentec Direct, a property management software firm, uses OpenAI’s ChatGPT to help clients quickly draft marketing content for available rentals, according to the company. Continue reading
The co-founder of Zillow and Pacaso just isn’t that into traditional real estate — at least as an income-generating investment, he told Arrived CEO Ryan Frazier in a recent interview. Continue reading
A new report from Apartment List shows that typical rents are now the same nationwide as they were a year ago. The slowdown follows a period of unprecedented rent growth and a runup in supply. Continue reading