Obama’s former spokesman Jay Carney becomes Airbnb exec

Former White House Press Secretary leaves Amazon to become head of global communications and policy for the short-term rental powerhouse. Continue reading

Over 1,000 tenants could lose homes over landlord’s unpaid water bill

Tenants in four Indianapolis low-income apartment buildings thought their rent covered utilities. They’ll lose water and potentially homes if their landlord doesn’t pay a $1.7 million bill by October. Continue reading

Airbnb co-founder stepping away from his role to pursue new ventures

Joe Gebbia, who helped build Airbnb into a national household name, says his first focus is parenthood. He plans to remain involved with Airbnb as a board member, shareholder and advisor. Continue reading

Multifamily sector lone bright spot as permits, starts, completions fall

New residential construction dipped in June, with building permits, housing starts and housing completions ticking down modestly, according to U.S. Census Bureau data released Tuesday. Continue reading

PadSplit’s co-living housing model launches in Orlando and Las Vegas

Solving the nationwide crisis for housing in this sector is the goal of PadSplit, a co-living marketplace that has now expanded its services to the resort markets of Orlando, Florida, and Las Vegas, Nevada. Continue reading

The run-up of single-family rental prices paused in May: report

The jump in May was still well above the historical average, but it was the first time in 14 months that it hadn’t accelerated over the month before. Continue reading

NAR inks deal with Rental Beast offering agents access to technology

In addition to the software’s application and screening capabilities, members will leverage courses within the technology provider’s educational component, Rental Beast University. Continue reading

Overwhelmed with rentals? Here’s how to find a good property management company

Here’s everything you need to know about finding a property management company that can meet your needs and makes your life easier. Continue reading

Short-term rental market balancing out after rush of supply

“Our expectation is that demand will grow at 5.7 percent for the year, about a quarter of the growth rate in 2022,” AirDNA says in its 2022 mid-year outlook. Continue reading

Q2: Multifamily rent slows in latest sign of rental market cooldown

Current CoStar report finds ‘a continued downward trend in rent growth,’ as vacancy rates tick upward and rent price growth cools. The Sun Belt and South continue to see the fastest growth. Continue reading