Brooklyn woman charged in $16K rental fraud scheme

Brooklyn District Attorney Eric Gonzalez announced Monday that Svetlana Katzevman had been indicted for allegedly advertising her Gravesend apartment complex in a Russian-language newspaper, and charging renters between $700 and $2,300 for deposits and… Continue reading

Mayor outside Chicago has evaded eviction server, landlord claims

Landlord Genetta Hull filed eviction papers in September alleging that Dolton Mayor Tiffany Henyard and her roommate, Kamal Woods, owe more than $3,350 in rent and late fees on her property. Continue reading

DOJ takes aim at RealPage rent-pricing algorithm in antitrust suit

“Americans should not have to pay more in rent because a company has found a new way to scheme with landlords to break the law,” Attorney General Merrick Garland said on Friday. Continue reading

March rents grew dramatically in Chicago and these 4 other cities

Eighteen of the 50 largest U.S. metro areas witnessed rents rise on an annual basis in March, especially in the Northeast and Midwest, where a lack of rental supply is common and owning a home is costly. Continue reading

Warren Buffett: ‘You want a bad number’ to get good market news

In 2010, the Berkshire Hathaway Inc. CEO said that fewer housing starts can help lay the foundation for a more balanced market down the line. His own company’s recent investments in home builders show commitment to that principle. Continue reading

Rent is falling fastest in markets that added the most new supply

Rent is now 0.7 percent lower for one-bedroom rentals nationwide than it was a year ago, but not in all markets, new report shows. Continue reading

New data shows much of the US has entered the ‘renter’s market’

The Sun Belt leads the ongoing drop in rent declines, and the price of rent is now lower than a year ago in 50 of the top 100 markets Zumper tracks. 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

Piñata CEO: Tech can make life better for renters and managers

Lily Liu’s company offers rewards and credit reporting for renters. And she said that while there is anxiety in the market, technology has the potential to make things better. Continue reading