NAR Chief Economist Lawrence Yun expects employees to spend 25% to 35% less time in the office, keeping downward pressure on office rent. The multifamily sector also saw prices drop with high borrowing rates. Continue reading
The virtual tour software company posted $38 million in revenue, up from $28.4 million in Q2, while avoiding headwinds that have ensnared others in the real estate space, according to earnings on Thursday. Continue reading
Employee files suit in New York alleging the online mortgage company fired him less than an hour after he told them his daughter was born. More than a dozen others impacted, lawsuit says. Continue reading
Aside from the onset of the COVID-19 pandemic, the month-over-month decline was the biggest drop in rent prices since 2010. Rent remains up 7.6 percent year over year, but the market is softening. Continue reading
Traveler bookings rose 12.5 percent, to $1.8 billion, in the third quarter compared to the same period a year earlier, according to an earnings call by parent company Expedia Group on Thursday. Continue reading
High average daily rates helped spike Airbnb profits during the third quarter. But the company is preparing to roll out changes to make its prices clear, add competition among hosts. Continue reading
Story, a property management platform aimed at helping landlords, managers and tenants, is the banking giant’s attempt to put JPMorgan at the center of a $500 billion rental housing industry. Continue reading
Changes to HOA rules or city regulations can pose a fatal risk, short-term rental investors say. Here’s how buyers and brokers can minimize revenue risks when targeting short-term rentals. Continue reading
Legislators declined to label it a “timeshare” company, but approved rules that would set limits on where Pacaso can operate. The vote could set the stage for challenges elsewhere in the U.S. Continue reading
The number of homes that are in some stage of the foreclosure process rose 27.4 percent compared to the year before, with the number of vacant homes in foreclosure rising for the third straight quarter. Continue reading