RentSpree’s ApplyLink deployed by Austin Board of Realtors

Software company RentSpree continues making headway into its multiple listing service partnership strategy with its latest union: Austin Board of Realtors and its 20,000+ member MLS, the Austin/Central Texas Realty Information Service (ACTRIS). Continue reading

Economic anxiety accelerated Q1 multifamily rent growth slump

Inflation and recession fears pushed renters away from higher-priced, amenity-rich developments as rent growth at the highest tiers slowed to 1.5 percent annually, according to a new CoStar analysis. Continue reading

Young renters’ inflation rate lower than general population: Study

Gen Zers and millennials who signed new leases in December saw their cost of goods and services increase 5.6 percent and 6.1 percent, respectively, according to a new report by Redfin. Continue reading

Redfin builds on app feature with ‘Favorites Lists’ for buyers, renters

Redfin’s new website and app feature will allow homebuyers and renters to save their favorite properties in customized lists and share them with their home search partner to stay organized. Continue reading

Prices will fall in 2023. But savings will be negligible due to headwinds

Home prices could fall by 8 percent, but rising mortgage rates and a “mild recession” will blunt the savings in buyers’ pockets, according to Capital Economics’ new U.S. Housing Market Outlook. Continue reading

Fintech Stake rolls out program for landlords to help struggling tenants

Among other offerings, Stake1 is designed to track a tenant’s financial activity with the intent of using on-time payments as a mechanism to improve credit rating, Continue reading

RentSpree, SentriLock link up on software services for renters

RentSpree wants to expand through partnerships, relying on a number of already established industry partners bettering the way people rent and the agents that deliver those processes. Continue reading

Fintech Stake embarks on mission to empower cash-strapped renters

Stake was hired by the Enterprise Community Fund to manage the financial benefits program under its Renter Wealth Creation Fund. Founded in 2018, Stake offers no-fee banking services to tenants and 4 percent cash back each month based on their rent amo… Continue reading

Millennial and Gen Z renters are getting walloped by inflation: Study

Gen Z and millennial renters who took on a new lease in July have personal inflation rates of 11.6 percent year over year, according to a new analysis by Redfin released Thursday. Continue reading

‘It’s a basic human right:’ TikToker takes aim at rental price gouging

Brooklyn renter Grace Pinegar’s $700 rent hike went viral over the weekend, with more than 745,000 viewers agreeing that the increase highlights what’s wrong with the U.S. rental market. Continue reading