Inventory boost expected to slow rent growth to 1.5%

The rental market is entering the new year with a major boost in inventory and cooling rental growth — two factors that are expected to yield a mixed bag of results for landlords and tenants alike.  Continue reading

80% of first-time homeowners say they’ll need a gift to buy again: Poll

Faced with rising prices and rates, buyers are increasingly counting on personal loans and gifts to close deals, according to a survey of 3,000 potential buyers conducted by Dig Insights and Inman. Continue reading

35% of Americans hope the housing market will crash in 2024

Financial site LendingTree’s latest consumer survey revealed 35 percent of Americans hope the market will crash in the next 12 months. Why? They believe an economic downturn will lower mortgage rates and home prices. Continue reading

Lack of access to credit keeps Black neighborhoods in rental loop

Access to safe, traditional credit building is especially limited in Black neighborhoods, a report from Zillow shows, highlighting lingering effects from redlining that keep those households renting instead of owning a home. Continue reading

New Boom API to scale reporting of tenant payments to credit bureaus

Boom’s new product will allow virtually any large-scale property management platform or rent payment gateway to directly embed its payment reporting module for faster, simpler reporting of tenant payment records. Continue reading

Texas, Florida buyers are trading civil rights for affordability: Redfin

Residents in Florida and Texas would rather live in states with abortion care and LGBTQ rights, but affordability worries force them to stay in their current states, according to a new Redfin survey. Continue reading

Rental startup Piñata debuts new payments program

Piñata Pay lets tenants build credit and earn rewards, while also potentially streamlining the rent collection process for landlords. Continue reading

The pros and cons of representing renter clients

Though renting may come with smaller commissions than selling, working with prospective tenants can still be a profitable part of your real estate business, Philadelphia Realtor Jonathan Pressman writes. Continue reading

Credit-building app for renters, Boom, reports $4.5M seed round

“We invested heavily into building our end-to-end software solution for rent reporting and consumer app layer and now we’re focused on revolutionizing the entire renter experience,” said Boom CEO and co-founder Rob Whiting. Continue reading