NAR loses ‘Great Place to Work’ distinction on heels of Chicago rally

A rally at NAR headquarters in Chicago drew few Realtors on Monday, but organizers at the NAR Accountability Project declared a win nonetheless after NAR lost its “Great Place to Work” merit. Continue reading

‘Rich Dad’ predicts an Airbnb-led ‘market crash.’ Fanboys rejoice

Robert Kiyosaki’s social media post was the latest viral prediction about the short-term rental giant. Will this be the one that comes true, or is it another hoax? Continue reading

Home values fell in 21 of the 50 largest US metros in August: Zillow

Home values are now 11.4 percent lower in Austin, Texas, than they were in Aug. 2022, Zillow said. Nationally, prices were up slightly from July to August. Continue reading

Rent remains near record highs, but the balance of power is shifting

At $2,052, the median monthly rent remains near its all-time high. But builders are wrapping up construction on thousands of new units, and rents could start falling soon. Continue reading

Chicago property owner amasses $15M in fines for ‘rat harborage’

Suburban landowner Suzie B. Wilson has acquired hundreds of largely vacant properties in the city’s south and west sides. She has garnered thousands of tickets worth millions of dollars in the meantime. Continue reading

New suit alleges Yardi rent-setting software violates antitrust law

A lawsuit filed by a renter in Seattle accuses the property management software firm and major landlords of violating antitrust statutes through a product used to set rent rates. Continue reading

Morgan Stanley exec tapped to run single-family rental firm

Jonathan Pruzan, once thought to be a front-runner for CEO of Morgan Stanley, has been chosen to run Pretium, a firm that owns tens of thousands of single-family rental homes. Continue reading

How much is your home worth on Airbnb? Realtor.com can tell you

New tool comes as more homeowners look for ways to offset high housing costs, and as Airbnb looks to add more supply to keep prices down. Continue reading

Investor activity keeps slowing down from pandemic-era highs

Phoenix, Las Vegas and other Sunbelt metro areas saw the biggest slowdowns in investor activity as high rates and low demand cooled activity nationwide, according to reports. Continue reading

Mystery solved: The Silicon Valley entity behind Flannery Associates

Over the past six years, a mysterious entity known only as Flannery Associates quietly scooped up nearly $900 million in farmland outside the Bay Area. Now investors behind the plan have been revealed. Continue reading