26 Property Management Companies to Pay $141 Million To Settle Lawsuit
Greystar and 25 other property management companies have agreed to pay $141 million to settle a class-action lawsuit involving rent-setting algorithmic software coordination and other anticompetitive practices in rental markets across the country, according...
Salt Lake City Rents Up In September
Salt Lake City rents rose 0.7% in September according to the October report from Apartment List.
However, prices remain down 0.9% year-over-year. Salt Lake City’s rent growth over the past year has is similar to...
National Rent Dip Continues In September
The national median rent dipped by 0.4 percent in September, marking the second straight monthly decline, according to the October report from Apartment List.
In addition to the September drop, the rental market has now...
Where Are Homeowners Who Cannot Sell Becoming Accidental Landlords?
Many homeowners who cannot sell are becoming accidental landlords in areas dominated by institutional investors, according to Parcl Labs, a real estate research company.
The New York Times reports the accidental- landlord trend is accelerating,...
The Hidden Risk of Renter Defaults And Industry Perception
A new survey reveals persistent multifamily renter defaults driven largely by economic instability that are placing increasing pressure on operations.
A national survey of over 400 multifamily professionals, conducted by TheGuarantors in partnership with J...
HUD Moves to Gut Fair Housing Act Enforcement
The U.S. Department of Housing and Urban Development (HUD) and the Trump administration are making efforts to limit Fair Housing Act enforcement, the landmark civil rights law that prohibits discrimination in housing, according to...
Two Years of Declining Rents Have Renters Ready to Move
More than two years of declining rents are sparking moving plans for many renters to gain space, save money or explore a new area, according to a new report from Realtor.com.
Rent prices fell year...
August Rent Growth Flat in Summer Slowdown
Multifamily rent growth was flat nationally in August as demand kept up with supply, according to market research company Yardi Matrix.
“Rent growth is expected to remain lackluster through year-end. Momentum is slowing across most...
Landlord Says Agents Broke Into Her Building, Took 6 Tenants
A Chicago landlord says U.S. Immigrations and Customs Enforcement (ICE) agents wearing vests that said “Police” broke into her building late at night and took six of her tenants, according to news reports.
Landlord and...
National Rents Dip Again In August
Rents dipped 0.2% in August, the first month-over-month rent decline nationally, according to the September report from Apartment List.
Rents are now down 0.9% year-over-year.
This marks the end of the busy season for moving activity,...