SafeRent discriminated against Black, Hispanic renters often: Suit

The tenant screener violated the Fair Housing Act for years as it doled out disproportionately low risk scores to Black and Hispanic rental applicants with housing vouchers, a new federal lawsuit says. Continue reading

Price gains in ‘opportunity zones’ keep pace with national hikes

Census tracts chosen for preferential tax treatment in 2017 tax bill are seeing prices rise, have attracted buyers priced out elsewhere. Continue reading

REX pivots to single-family rental market as its Hail Mary

Nearly two weeks after mass agent layoffs and the closure of two offices, controversial discount brokerage REX has yet to throw in the towel. Continue reading

Agent’s selfie at packed open house captures NYC rental market chaos

A video posted this month portrays the insanity of renting an apartment in New York right now, with tenants paying so-called “cuck money” and reports of more Airbnbs in the city than rentals. Continue reading

Short-term rental demand might set a record year, AirDNA report says

Demand is up 25 percent despite uptick in occupancy levels. Investors are earning more revenue and adding more supply. Continue reading

Skyrocketing home prices diminish rental returns: Report

The report found that three-quarters of counties where median home prices exceeded $250,000 saw declines in rental yields. Continue reading

Bezos-backed Arrived Homes glitches again as 6 sell in 8 minutes

During the latest release of six rental properties, high demand from investors caused problems. But homes valued at more than $1.7 million sold in minutes. Continue reading

Is Microsoft gearing up to compete with Zillow for rental market share?

Company is hiring staffers in China for a “revolutionary” real estate venture focused on improving the search for long-term rentals. Continue reading