RentSpree calls on MLSs to include rentals, saying it would help agents

The company says the action would minimize delays for renters, increase efficiency of filling rentals, help agents earn commissions and build their pipelines and generally standardize the rental process over time. Continue reading

Take a look at what CoStar calls the empowering ‘Listing of the Future’

New feature set to provide more information about each individual property, including 3D tours, photos and the view out the window. ‘Getting on a prospect’s short list is very important.’ Continue reading

Owning becomes more expensive than renting as rates, prices surge

Homeownership is 31 percent more expensive than renting, nationally. With demand shifting and the market for home purchases cooling, homebuilders now court investors, a report notes. Continue reading

Brown Harris Stevens appoints property management director

The New York City-based brokerage has named Richard Horovitz as its residential property management division’s senior vice president and director of residential property management. Continue reading

Home flipper activity jumps, while profitability plummets

Slowdown in bidding wars is “having a predictable impact on profit margins for investors,” said Rick Sharga, executive vice president of market intelligence from Attom, in the latest report. Continue reading

Rent spiked again in April, expected to keep climbing through the year

The pace of rent price growth was more than double what it was a year ago, reaching 14 percent for a single-family home in April. Continue reading

Rental market not immune to cuts as Zumper lays off 15% of staff

A cooling real estate market has already led to cuts at companies far and wide. The San Francisco-based rental search portal is the latest. Continue reading

Share of investor sales activity rose to record high in Q1: Study

An analysis issued Wednesday by Redfin, however, also makes clear that the market shift has begun to impact investor sales, with the pace of buying slowing over the first three months of 2022. Continue reading

Short-term rental occupancy rates dip as listings surge

Demand for STRs remains high even as occupancy rate drops more than 8 percent heading into a busy travel season. Investor revenue still up 66 percent compared to 2019. Continue reading