Author Archives: Taylor Anderson

Airbnb partners with building owners to let renters act as hosts

By | | Uncategorized
Comments Off on Airbnb partners with building owners to let renters act as hosts

Tenants can become short-term rental hosts for as much as half of the year under a new approach that connects renters with buildings that allow Airbnbs. Continue reading →

Investor activity plunged at rates similar to the Great Recession in Q3

By | | Uncategorized
Comments Off on Investor activity plunged at rates similar to the Great Recession in Q3

The slowdown was most dramatic in COVID boomtowns like Las Vegas and Phoenix, according to a new analysis released Tuesday by Redfin, which examined real estate investment activity in 40 metros. Continue reading →

How much has rent risen? About an extra 6 hours of work per month

By | | Uncategorized
Comments Off on How much has rent risen? About an extra 6 hours of work per month

A new Zillow report finds renters making average wages need to work 63 hours to cover rent compared to two years ago, highlighting a widening gap between rent growth and wage growth. Continue reading →

Mortgage rates dropped faster this week than at any time in 40 years

By | | Uncategorized
Comments Off on Mortgage rates dropped faster this week than at any time in 40 years

The fall from 7.08 percent to 6.6 percent would save buyers approximately $100 a month on a median priced home, according to a report released Thursday from Redfin. Continue reading →

JPMorgan is set to become America’s next big landlord

By | | Uncategorized
Comments Off on JPMorgan is set to become America’s next big landlord

Weeks after the banking giant unveiled a new property management system for rentals, JPMorgan announced it’s investing in a $1 billion single-family built-for-rent venture. Continue reading →

‘Panicked’ sellers are turning to Opendoor later in the game: Exec

By | | Uncategorized
Comments Off on ‘Panicked’ sellers are turning to Opendoor later in the game: Exec

Opendoor Director of Strategic Partnership William Holmes said at Connect Now on Thursday that sellers are increasingly requesting offers from the iBuyer after listings hit the market. Continue reading →

Home flippers search for ‘creative deals’ as high rates cool the market

By | | Uncategorized
Comments Off on Home flippers search for ‘creative deals’ as high rates cool the market

The fix-and-flip housing market continues to shrink as real estate investors struggle to find deals. High interest rates are to blame, according to a new John Burns Real Estate Consulting survey. Continue reading →

Single-family rent growth slows for fifth-straight month in September

By | | Uncategorized
Comments Off on Single-family rent growth slows for fifth-straight month in September

Rent remained 10.2 percent above September 2021 levels and 22.6 percent compared to two years earlier, according to the single-family rent index from property data information company CoreLogic. Continue reading →