Share of renters paying under $1,000 hits record low, Redfin says

Only 32.1 percent of renter households currently pay less than $1,000 in monthly rent — a sharp decline from 35.2 percent in 2022 and 50.4 percent in 2012, according to an analysis from Redfin released Wednesday. Continue reading

Rent.com develops program to help clients trend on TikTok

Rent describes the solution as turnkey, fully managed and a way to convert existing marketing content on the Rent network into dynamic, digital branding messages. Continue reading

Housing insecurity ticks down in most states, but some worse off

Nationwide, the share of households behind on payments and worried about eviction or foreclosure has barely changed from a year ago. Continue reading

CoStar agrees to buy imperiled rental search firm RentPath for $588M

After failing to restructure $650 million in debt, RentPath has placed itself on the auction block with commercial real estate data behemoth CoStar Group as the front runner. Continue reading

Seattle is more affordable than Detroit? How’s that even possible?

New York City clocked in as the least affordable city, with rent accounting for 121 percent of each paycheck, according to a new study released on Friday. Continue reading