Federal eviction ban survives another day
A judge ruled on Friday that the latest eviction moratorium is likely illegal, but that it's ultimately up to a higher court to decide if it can continue
by Jim Dalrymple II Aug 13
Supreme Court partially blocks New York's eviction ban
The court argued that by allowing tenants to self-certify that they're facing economic hardship as a result of the pandemic, New York's COVID eviction ban was unconstitutional
by Lillian Dickerson Aug 13
Airbnb slashes losses, sees 299% rise in revenue in Q2
The short-term rental giant lost $68M between April and June — a vastly smaller sum than the $1B it lost a quarter earlier, according to earnings figures released Thursday
by Jim Dalrymple II Aug 12
Deadly shooting shows Airbnb's no-party rule can be hard to enforce
A California house party resulted in a deadly shooting. The party was thrown without the consent of the host, Airbnb says
by Daniel Houston Aug 10
The best US cities for rental arbitrage in 2021
Rental arbitrage is when an individual rents a property long-term and then rents it out to someone else short-term
by Lillian Dickerson Aug 10
Goodbye off-season: How COVID has changed luxury rental hotspots
Popular summer destinations used to come with an off-season, large numbers of fall and winter renters are quickly changing the markets as remote work remains the norm
Annual apartment rent growth, occupancy hit new highs in July
The new highs surpassed records set between 2000 and 2001. As of July, the average monthly apartment rent in the US hit $1,549
Groups seize on Biden's skepticism in lawsuit against new eviction ban
Real estate groups leveraged President Joe Biden's comments earlier this week about the new moratorium's chances of surviving in court
by Daniel Houston Aug 5
'It’s creating a nightmare': Agents, landlords bristle at new eviction ban
Real estate industry professionals argued that the latest eviction moratorium hurts small time landlords and leads to renters piling up debt
by Jim Dalrymple II Aug 4
New eviction moratorium returns for most renters
The moratorium comes shortly after the previous eviction ban expired, and could ultimately cover 90 percent of US renters
by Jim Dalrymple II Aug 3
The top 5 states where institutional investors are gobbling up homes
Corporate buyers were particularly active in Mississippi, where 1 in 9 homes that sold ended up in the hands of an institutional investor
by Daniel Houston Aug 3
How agents can nab new inventory as moratoriums expire
It's unclear exactly how many properties will be freed up now that the federal eviction and foreclosure moratoriums have expired. But whichever way it goes, agents will want to be prepared
Day before eviction moratorium set to expire, Dems scramble for extension
President Biden called on Congress Thursday to extend the ban through the end of 2021, citing concerns over the quick spread of the Delta variant. Democrats were sent scrambling to respond
by Lillian Dickerson Jul 30
Redfin-owned RentPath names ParkMobile chief exec as new CEO
Jon Ziglar, formerly the CEO of ParkMobile, will lead the newly acquired RentPath's growth strategy, product expansion and listing integration into the Redfin platform
by Marian McPherson Jul 29
Vacation rental giant Vacasa to go public with $4.5B valuation
The rental management giant is merging with TPG Pace Solutions in a bid to go public via a special purpose acquisition company, or SPAC
by Jim Dalrymple II Jul 29
Tech-leaning condo management firm Daisy officially launches in New York City
Expanding to thousands of members throughout New York City, the company states its product's mission is to help building management provide an enhanced living experience for residents
by Craig C. Rowe Jul 27