Rent falls for 3rd straight month, thanks to new inventory

The median asking rent fell 0.8 percent year over year during the last month of 2023, according to a new report by Redfin, which attributes the fall to an increase in supply. Continue reading

Clever acquires renter assistance, rewards app Gravy

Gravy, an application built to support renters in their homebuying process, has been acquired by Clever Real Estate, a company that specializes in educating consumers about agent choice and the overall transaction process. Continue reading

Rentals startup Frontdesk lays off all staff after failed funding round

All 200 full-time staff members along with contractors and part-time staff were dismissed during “a two-minute Google Meet call.” Continue reading

Real estate investing in 2023: The roller coaster continues

Rent began to reverse, office vacancy remained near record highs, banks failed and lending got tricky in 2023. Where are we headed next? Continue reading

Inventory boost expected to slow rent growth to 1.5%

The rental market is entering the new year with a major boost in inventory and cooling rental growth — two factors that are expected to yield a mixed bag of results for landlords and tenants alike.  Continue reading

Artificial intelligence roused real estate amid a big year for proptech

Technology roared to life in 2023, sending a current of excitement across brokerages, MLS’s and the vendors who serve both. But it was AI’s rapid acceleration that drove the narrative. Continue reading

Lessen, Darwin Homes partner to evolve SFR services

Lessen provides a wide array of technology services to managers of single family rentals, multifamily communities and commercial income properties, while its newest partner, Darwin Homes, offers a mobile solution for finding, applying and moving into s… Continue reading

Colleen’s AI property management solution automates rent collection

Colleen’s suite of products address a range of communications and apartment community needs for managers in the multifamily space, including lease renewal engagement, rent submission and other lease term milestones. Continue reading