Don’t blame investors for run-up in home prices, Freddie Mac says

Researchers at the mortgage giant point to four things that drove the meteoric rise in home prices over the past few years. Investors weren’t one of them. Continue reading

Manhattan median rent hits new $4K high, according to report

Someone applying for a typical Manhattan apartment would need to make a salary of $157,000 per year in order to afford the rent. Continue reading

Well-intentioned rent control laws can do more harm than good: Study

A new study comes as city, state and federal lawmakers call for caps on how much landlords can raise rent. In one case, property taxes were projected to drop 4 percent as a result of rent control laws. Continue reading

Everything you need to know about fractional real estate investing

Modern fractional ownership is increasingly seen as the future of real estate investing. Inman breaks down all the ways investors can take advantage of this rapidly growing trend. Continue reading

Surplus of Hamptons summer rentals is leading to price cuts

Americans heading abroad for the summer, former Hamptons renters becoming homeowners and a surplus of inventory have all led to the market’s landlords slashing their rental prices this summer. Continue reading

AvantStay taps former Lyft executive David Katcher as COO

Katcher worked at ride-hailing service Lyft for the past seven years before joining the short-term rental company, most recently serving as Lyft’s head of global operations. Continue reading

SafeRent discriminated against Black, Hispanic renters often: Suit

The tenant screener violated the Fair Housing Act for years as it doled out disproportionately low risk scores to Black and Hispanic rental applicants with housing vouchers, a new federal lawsuit says. Continue reading

Price gains in ‘opportunity zones’ keep pace with national hikes

Census tracts chosen for preferential tax treatment in 2017 tax bill are seeing prices rise, have attracted buyers priced out elsewhere. Continue reading

REX pivots to single-family rental market as its Hail Mary

Nearly two weeks after mass agent layoffs and the closure of two offices, controversial discount brokerage REX has yet to throw in the towel. Continue reading

Agent’s selfie at packed open house captures NYC rental market chaos

A video posted this month portrays the insanity of renting an apartment in New York right now, with tenants paying so-called “cuck money” and reports of more Airbnbs in the city than rentals. Continue reading