Rental Beast to help Realtor.com devour lease market

Realtor.com selected Rental Beast to power an online rental application, lease processing and applicant experience initiative, making a strong statement about the impact of renters on the current market. Continue reading

Renter households surge as homeownership costs climb

Renter households increased by 2.7 percent year-over-year in the third quarter to a record 45.6 million, a rate three times higher than the 0.9 percent uptick in homeowner households, according to a new Redfin analysis. Continue reading

Cooling rental market means more concessions for renters: Zillow

A 50-year high in multifamily building starts and completions has led to cooling rent growth and better leases for renters. In July, 33.2 percent of rentals on Zillow included concessions — a 23 percent increase from 2023. Continue reading

RentSpree, UtahRealEstate.com ink software union

RentSpree has more than 300 associations and MLSs in its partner network, who primarily use its ApplyLink solution, a single browser experience that automates application collection, screening, approval and other property management operations critical… Continue reading

California legislator proposes $1.25B affordable housing bill

United States Representative Adam Schiff (D-Calif.) is taking another shot at solving America’s housing crisis, this time through a proposal to convert government-owned buildings into affordable rental housing.

The Affordable Housing Conversion Act … Continue reading

NYC’s ‘worst landlord’ attacked first day of 2-month Rikers sentence

New York City’s worst landlord, Daniel Ohebshalom, was punched on Friday during an inmate brawl at Rikers. Ohebshalom was sentenced for failing to fix more than 700 housing violations. Continue reading

Landlords pull plug on renter incentives ahead of spring

While incentives are still an integral part of the new-home market, they’re falling out of popularity in the rental segment as demand — and competition — strengthens. The number of Zillow rental listings with concessions has struggled, going from 32.7 … Continue reading