Tenants in rent-controlled California face 10% hike next month

A 2019 law seeks to prevent rent from climbing too much too fast, but prices are set to grow by 10 percent thanks in part to rampant inflation. Continue reading

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

@properties CEO Thad Wong says he’s ‘looking forward to a downturn’

Ahead of Inman Connect Las Vegas, the leader of the Chicago-based brokerage said he’s better positioned than Redfin and Compass to grow into a changing market. Continue reading

Vanguard Properties promotes industry leader to executive role

Nina Dosanjh has worked in real estate for 12 years. She acts as treasurer for the San Francisco Association of Realtors and was named among Inman’s Real Estate Influencers of 2017. Continue reading

The international buyer pool dropped to a new low last year

Foreign buyers, either noncitizens living in the U.S. or those with permanent homes outside the country, scooped up 98,600 existing homes between April 2021 and March 2022, NAR reports. 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

SEC is investigating Better as Barclays, Citigroup resign as deal advisers

Mortgage upstart Better’s plan to go public via a SPAC merger faces new challenges as banks that were advising the companies resign their roles. Continue reading

2 working women thriving in real estate reveal what it takes to lead

Stop chasing balance and stop chasing perfection, Kendall Bonner of RE/MAX Capital Realty and Kymber Menkiti of Keller Williams Capital Properties, said at Connect Now on Thursday. Continue reading