Nearly three-quarters of U.S. residents earning less than $50,000 annually are struggling to keep up with monthly rent or mortgage payments, causing many to make dramatic sacrifices to stay afloat.
Category: Rentals
DOJ takes aim at RealPage rent-pricing algorithm in antitrust suit
“Americans should not have to pay more in rent because a company has found a new way to scheme with landlords to break the law,” Attorney General Merrick Garland said on Friday.
RentSpree releases new income verification reporting tool
RentSpree’s latest reporting product is designed to help property management providers more accurately verify the income of lease applicants.
Despite declines, rents are still $305 higher than pre-2020 trends
Despite 11 months of declines, Realtor.com said the typical renter is paying $305 more monthly for an apartment compared to 2019. The greatest rent increases are in Florida and the Midwest.
Jackson Hole agents brace for impact as key road collapses
A portion of Teton Pass connecting workers who live in Idaho with the tony tourist town of Jackson, Wyoming, collapsed over the weekend.
FBI raids Atlanta office of apartment operator Cortland
Investigators searched the company’s office as part of an inquiry into alleged apartment price-fixing in the multifamily industry.
Undeterred by federal scrutiny, RealPage continues to innovate
RealPage’s Lumina is being rolled out to automate a number of the supporting tasks that drive the large facets of its solution, helping an array of commands and tasks perform faster, much of which is made possible by the massive dataset from which it can learn.
Single-family home sales to investors hit all-time high
United States property investors are putting the pedal to the metal and feeling optimistic despite a turbulent housing market.
6 ways to cover your kids’ college costs with real estate investment
If you plan to help out with your kid’s college tuition, there are a variety of real estate investment strategies that can help.
Rent prices post highest annual increase in over a year: Redfin
The median asking rent in the United States rose 2.2 percent year over year to $1,981 in February, the largest annual gain since January 2023 and a 0.9 percent increase compared to the month before.