Tag Archives: Property Portfolio

JPMorgan is set to become America’s next big landlord

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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 →

Airbnb co-founder launches new backyard home venture, Samara

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The startup from Airbnb co-founder Joe Gebbia began as an in-house project for Airbnb, but has spun off as an independent company with backing from the short-term rental platform. Continue reading →

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

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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

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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 →

NAR chief economist expects price of office space and apartments to dip

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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 →

Getting into short-term rentals? Here’s top coaching advice

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Self-managing a short-term rental is totally doable. Expert Stacy Soleil says it’s more work than a traditional long-term rental, but there are ways to set it up to minimize the overall time spent. Continue reading →

The pandemic unleashed a flood of office-to-residential conversions

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New adaptive reuse apartments are growing at a faster rate than new construction apartments, jumping 25 percent over the past two years, compared to a 10 percent increase in new construction apartments. Continue reading →

Rent dropped last month at one of the biggest rates in over a decade

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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 →

Vrbo bookings grew in Q3 amid surge in short-term rental demand

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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 →