‘Lego Movie’ honcho inks $91M sale, rounding out biggest deals of 2022

Jonathan Burton, a video game designer, film producer and director behind more than two dozen Lego movies and games, sold the Malibu mansion at the wire to score one of the top deals of 2022. Continue reading

Single-family rent declines for sixth-consecutive month in October

Year-over-year rent growth dropped to the lowest level June 2021, but remained three times higher than the historical average before the onset of COVID-19, according to data released Tuesday by CoreLogic. Continue reading

Housing is so rough, even this Congressman can’t score a home

Congressman-elect Maxwell Frost of Florida said he wrecked his credit when he quit his job to run a campaign full-time. Now he’s having a hard time finding a place to live. Continue reading

Homeward CEO Tim Heyl and the path forward for power buyers

Homeward CEO Tim Heyl said his company is built to handle down markets. He spoke with Inman ahead of Inman Connect New York, where he’ll be speaking about tech, data and the biggest trends in 2023. Continue reading

Rent keeps falling. Here are the cities where it’s falling fastest

Fourteen major metro areas reported year-over-year declines in the median cost to rent an apartment, according to Redfin. It’s only the latest sign of widespread slowdown in rent. Continue reading

The pandemic party for short-term rental investors is ending

It may not be an “Airbnbust,” but homeowners who rent their properties on platforms like Airbnb and Vrbo stand to see occupancy rates rise and revenue slow in 2023, according to AirDNA. Continue reading

As investors eye deals on rentals, Lennar offers thousands of homes

The nation’s second-biggest homebuilder is marketing thousands of homes at a time when investors are looking for deals on rental properties, according to a new report. Continue reading

New York City seeks to tighten control over Airbnbs

New rules would require homeowners and tenants who offer short-term rentals to register units with the city. Airbnb and hosts call the requirements overly restrictive. Continue reading