Single family rent growth slows, but prices are still way above 2021 levels

Single-family rents in June clocked in at 13.4 percent above levels in June 2021, but growth has slowed modestly month over month, according to new CoreLogic data released Tuesday. Continue reading

These are the 10 states where homes are taking the longest to sell

Homes in New York state take an average of 130 days to both get an offer and then close a deal. That’s longer than anywhere else in the U.S., according to a new study from online bank Tangerine.ca. Continue reading

Tech spotlight: The Corcoran Group’s rental tech tools

Over the last few years, the company created a robust set of tools to help agents and consumers navigate the rental market. Recently expanding its offerings, here are some of the key features. Continue reading

TikToker slams Airbnb host for renting out former slave cabins

Attorney Wynton Yates specifically called out an Airbnb listing called “The Panther Burn Cottage @ Belmont Plantation” in Greenville, Mississippi, which has since been removed from the site. Continue reading

4.3M apartments needed in US by 2035 to meet demand, study says

“Put simply, we do not have enough housing,” NAA President and CEO Bob Pinnegar says. He points to such factors as years of underbuilding and lack of affordability. Continue reading

Real estate investors scooped up record number of homes this spring

Investor purchases made up 9.5 percent of home purchases nationally in April, modestly below a February 2022 peak of 9.7 percent and an increase of 64 percent from 2019 levels, according to data from Realtor.com. Continue reading

Latchel locks onto $16.7M round to bolster single-family rental solution

Latchel automates tenant repair requests through a user dashboard, rapidly filtering them to the most appropriate preferred vendor and keeping property management in the loop. Continue reading

Rent growth back on track, hits an all-time high nationwide in July

Despite recent slowdown in rent hikes, the price to rent a one-bedroom apartment set an all-time record of $1,450 per month in July, according to data from Zumper released Tuesday. Continue reading

Tenants in rent-controlled California face 10% hike next month

A 2019 law seeks to prevent rent from climbing too much too fast, but prices are set to grow by 10 percent thanks in part to rampant inflation. Continue reading