Zillow turned a profit in Q1 for the first time in years

The portal lifted its rental and mortgage segments in the first three months of 2025, earnings data released Wednesday shows. CEO Jeremy Wacksman said the gains came despite a tough market. Continue reading

Tariffs, stalled construction threaten to end rent stability

As of March, the median asking rent dipped slightly year over year to $1,610. That’s just a 0.6 percent decline from the previous year and a slight 0.4 percent increase from February. While those very subtle changes have offered some relief to renters,… Continue reading

Renting becomes sign of wealth as many opt against homebuying

A recent Redfin analysis of U.S. Census Bureau, MLS and county records from 2019 to 2023 found that in 35 of the 50 largest U.S. metro areas, wealthy renters are taking over the rental market. Certain cities, including San Jose, California; Raleigh, No… Continue reading

Home values have surged at 2X the normal rate since pandemic

Since 2020, U.S. home values have risen by 45.3 percent. In other words, more than 10 years of typical home value growth has been packed into a five-year period, a new report from Zillow shows. Continue reading

CoStar Group posts 55th-straight quarter of revenue growth in Q4

Virginia-based portal CoStar Group grew its revenue 11 percent in Q4, to $709 million, executives said Tuesday. Traffic to Homes.com Network remained steady, with 110 million average monthly unique visitors. Continue reading

What’s the rent? A whole month’s pay, 1 in 5 renters tell Redfin

Redfin report finds 22 percent of U.S. renters say they pay their all of their monthly income to afford rent. They’re borrowing money, getting a second job and pulling from retirement to cover the cost. Continue reading

Portfolio growth, tenant retention help Blanket shine: Tech Review

Blanket is property management software that centers on portfolio growth rather than reactive, day-to-day oversight of rental properties. It can do the latter, but the former makes it a unique entry to the market worth consideration for anyone who want… Continue reading

With cash and CLEAR partnership, 100 takes on renter fraud

A New York City-based software company for the multifamily industry, called 100, has emerged from stealth mode with a $5.2 million seed round of financing. Continue reading

RentSpree releases new income verification reporting tool

RentSpree’s latest reporting product is designed to help property management providers more accurately verify the income of lease applicants. Continue reading