REBNY members on Wednesday demonstrated against the FARE Act, a bill that would require rental property owners to cover the cost of broker fees, rather than pass them off on tenants. Continue reading
The median United States asking rent rose 0.8 percent year over year in May to $1,653, the highest it’s been since October 2022. Continue reading
A portion of Teton Pass connecting workers who live in Idaho with the tony tourist town of Jackson, Wyoming, collapsed over the weekend. Continue reading
The billionaire head of Sternwood Capital blamed Federal Reserve chief Jerome Powell’s interest rate campaign for killing activity in the multifamily sector. Continue reading
Investigators searched the company’s office as part of an inquiry into alleged apartment price-fixing in the multifamily industry. Continue reading
Affordability continues to create challenges for would-be buyers, keeping renters in place for longer, according to a new report from Redfin. Continue reading
The law aims to ban all short-term rentals that have minimum stays of 30 nights and require owners to register their rentals with the city. Continue reading
The “List My Home for Rent” tool is available in 13 US markets and is tailored to property owners with fewer than 10 rentals. The listings will be syndicated to the Rent.com marketplace later this year. Continue reading
New York City tech workers could only afford about 35 percent of rental apartments available on the market last year, according to a new report. Continue reading
Nine of the 10 cities with the steepest drops in rent in April were in the Sun Belt, according to Redfin. Continue reading