Increased demand for single-family rentals could lead to 10 years of undersupply
About 6% of new single-family homes are built for the purpose of being rented out, which would yield roughly 700K new single-family units being constructed over the next 10 years, a number well short of current demand, according to RCLCO Real Estate Advisors
by Lillian Dickerson Aug 17
See which real estate names made the Inc. 5000 fastest-growing companies list
LionDesk, Avail, Houwzer and Homesnap land on the Inc. 5000 2020 list, as well as a couple of remote, tech-forward brokerages
by Craig C. Rowe Aug 13
Zumper, Matterport to tag-team 3D apartment tours
The well-funded, fast-growing online apartment marketplace is now offering Matterport tours to its landlords, revealing in a survey that 72% of tenants would rent sight-unseen if a 3D tour was available
by Craig C. Rowe Aug 13
Rents still rising amid pandemic
Rents are following seasonal patterns, though rents are going down in half of coronavirus hotspots, according to Apartment Guide's Mid-Year Rent Report
Why 'side suites' are all the rage right now
Accessory dwelling units have been growing in popularity both as a pandemic living option and a solution to affordable housing
Rently self-guided apartment tours to roll out nationwide
The self-guided tour pioneer inked an agreement with Pinnacle Living to help prospective tenants visit apartments on their own within a 160K-unit portfolio
by Craig C. Rowe Jul 30
As tech companies go remote, Bay Area rents tumble
Denser counties close to big tech companies are seeing significant year-over-year rent decreases, with San Francisco experiencing a 7.4% decline, according to a new study
by Patrick Kearns Jul 29
Data warehouse
The partnership will allow the businesses to get a full picture of the real estate market, CEO says
by Andrea V. Brambila Jul 22
Where renters can get more bang for their buck in the US
Experts also weigh in on how local policymakers can make housing more affordable for renters without upsetting homeowners
by Andrea V. Brambila Jul 22
Multifamily rents fell year-over-year for first time in a decade
Annual rent growth shifted to negative in June, falling to -0.4% to $1,457
by Lillian Dickerson Jul 22
The pandemic is delaying apartment construction
A new survey shows that 57 percent of major multifamily developers reported delays to their projects earlier this month
by Jim Dalrymple II Jul 21
Minimum wage workers must clock 97 hours a week to afford housing
According to the National Low Income Housing Coalition, minimum wage workers need to make $23.96 per hour to comfortably afford a two-bedroom rental
by Marian McPherson Jul 20
Safety expert warns of new property and rental scam amid pandemic
'There are criminals who sit and wait around for a crisis to jump in,' real estate safety expert Tracey Hawkins told Inman
Silicon Valley wants to reimagine multifamily housing
The arrival of construction startup Juno highlights the ways that Silicon Valley and its deep-pocketed investors are increasingly looking to real estate for the next big idea
by Jim Dalrymple II Jul 14
New York City apartments reach highest vacancy rates in 14 years
The apartment vacancy rate in Manhattan reached a 14-year high of 3.67% in June — the highest rate reached since Douglas Elliman began tracking this data
by Lillian Dickerson Jul 10
The pandemic is derailing renters' dreams of homeownership
Thanks to the coronavirus, 43 percent of renters who had been preparing to buy a home have now changed their plans, according to a new report from RentCafe
by Jim Dalrymple II Jul 8