Prices will fall in 2023. But savings will be negligible due to headwinds

Home prices could fall by 8 percent, but rising mortgage rates and a “mild recession” will blunt the savings in buyers’ pockets, according to Capital Economics’ new U.S. Housing Market Outlook. Continue reading

Fintech Stake rolls out program for landlords to help struggling tenants

Among other offerings, Stake1 is designed to track a tenant’s financial activity with the intent of using on-time payments as a mechanism to improve credit rating, Continue reading

RentSpree, SentriLock link up on software services for renters

RentSpree wants to expand through partnerships, relying on a number of already established industry partners bettering the way people rent and the agents that deliver those processes. Continue reading

Fintech Stake embarks on mission to empower cash-strapped renters

Stake was hired by the Enterprise Community Fund to manage the financial benefits program under its Renter Wealth Creation Fund. Founded in 2018, Stake offers no-fee banking services to tenants and 4 percent cash back each month based on their rent amo… Continue reading

Millennial and Gen Z renters are getting walloped by inflation: Study

Gen Z and millennial renters who took on a new lease in July have personal inflation rates of 11.6 percent year over year, according to a new analysis by Redfin released Thursday. Continue reading

‘It’s a basic human right:’ TikToker takes aim at rental price gouging

Brooklyn renter Grace Pinegar’s $700 rent hike went viral over the weekend, with more than 745,000 viewers agreeing that the increase highlights what’s wrong with the U.S. rental market. Continue reading

Here’s why 73% of Americans hate their neighbors

When looking for a new abode, homebuyers and renters often prize affordability, a convenient location, enough space for living and working, and plenty of entertainment options and amenities. But there’s one specific factor that may contribute to your h… Continue reading

Affordability, debt biggest obstacles to homeownership, renters lament

Thirty-two percent of renters surveyed in a poll conducted by Redfin say they rent because they can’t afford to buy a home, while 45 percent said debt was the main factor keeping them from homeownership. Continue reading

How to boost renter engagement with Google Business Profiles

Property managers seeking to gain attention from a wider pool of renters in 2022 have an opportunity to double down on Google Business Profiles, a new study shows. Continue reading

Olshan Properties, Atlas among Renter’s Trust Awards winners

The awards by rental fintech company Obligo celebrate property management partners that treat renters fairly and earn “positive sentiment at move-out” by renters. Continue reading