Vrbo bookings suffer in Q2 as more travelers opt for hotels in 2023

The popular vacation-rental platform dragged down the results of its parent company Expedia Group in the second quarter of the year, according to an earnings call Thursday. Continue reading

Rental startup Piñata debuts new payments program

Piñata Pay lets tenants build credit and earn rewards, while also potentially streamlining the rent collection process for landlords. Continue reading

Grant Cardone: These are the worst real estate markets to invest in now

After an interaction with an AI chatbot went south, Grant Cardone blasted Austin and Seattle as the worst places to invest in real estate right now given how overbuilt the markets have become in recent years. Continue reading

Los Angeles apartment owners sue over COVID rent freeze

The suit from the Apartment Association of Greater Los Angeles argues that the city’s rent freeze rule robs property owners of income and due process. Continue reading

Renters take aim at over-the-top junk fees targeted by White House

From tech fees to non-refundable move-in costs and so-called “peace-of-mind packages,” the “junk fees” landlords charge tenants are increasingly under fire from lawmakers and the White House. Continue reading

RentSpree adds 50,000-member OneKey MLS in latest partnership

OneKey, New York State’s largest multiple listing service, will now offer the software company’s ApplyLink tool to members throughout Long Island, New York City and the Hudson Valley region. Continue reading

Entrata shores up tenant credit reporting with Rent Dynamics

Technology company Entrata, which builds an end-to-end business solution for the multifamily sector, has acquired industry colleague Rent Dynamics in an all-cash nine-figure deal, according to Entrata. Continue reading

US rent hits just shy of all-time record high: Report

Despite having cooled for more than a year, the median asking rent in the U.S. remained just $24 below its all-time high as of June 2023, Redfin reported. Continue reading

AppFolio exec: AI is about ‘activity elimination,’ not axing human jobs

Rather than being replaced by artificial intelligence, the real estate agent of the future will have fewer rote tasks to perform, Cat Allday, AppFolio’s vice president of AI and product operations, tells Intel. Continue reading