Knock knock: DoorLoop launches web portal solution for landlords

Websites created on DoorLoop’s system will be mobile responsive and allow rental property managers and owners to create a dynamic web presence that assists prospective tenants in viewing available units, completing applications and submitting backgroun… Continue reading

US lawmakers demand DOJ probe into RealPage’s YieldStar software

Lawmakers in both chambers of Congress have accused RealPage of anticompetitive practices. Calls for an inquiry come a month after a sweeping and critical report into the company. Continue reading

Investor activity plunged at rates similar to the Great Recession in Q3

The slowdown was most dramatic in COVID boomtowns like Las Vegas and Phoenix, according to a new analysis released Tuesday by Redfin, which examined real estate investment activity in 40 metros. Continue reading

How much has rent risen? About an extra 6 hours of work per month

A new Zillow report finds renters making average wages need to work 63 hours to cover rent compared to two years ago, highlighting a widening gap between rent growth and wage growth. Continue reading

JPMorgan is set to become America’s next big landlord

Weeks after the banking giant unveiled a new property management system for rentals, JPMorgan announced it’s investing in a $1 billion single-family built-for-rent venture. Continue reading

Airbnb co-founder launches new backyard home venture, Samara

The startup from Airbnb co-founder Joe Gebbia began as an in-house project for Airbnb, but has spun off as an independent company with backing from the short-term rental platform. Continue reading

Home flippers search for ‘creative deals’ as high rates cool the market

The fix-and-flip housing market continues to shrink as real estate investors struggle to find deals. High interest rates are to blame, according to a new John Burns Real Estate Consulting survey. Continue reading

Single-family rent growth slows for fifth-straight month in September

Rent remained 10.2 percent above September 2021 levels and 22.6 percent compared to two years earlier, according to the single-family rent index from property data information company CoreLogic. Continue reading

NAR chief economist expects price of office space and apartments to dip

NAR Chief Economist Lawrence Yun expects employees to spend 25% to 35% less time in the office, keeping downward pressure on office rent. The multifamily sector also saw prices drop with high borrowing rates. Continue reading