Justice Department Sues Owner, Manager of Rental Properties for Sexual Harassment of Female Tenant
The Justice Department has filed a lawsuit alleging that the owner and manager of rental properties in Davenport, Iowa violated the Fair Housing Act by subjecting a female tenant to sexual harassment and retaliation,...
Rent Payment Tracker: 92.2 Percent of Apartment Households Paid Rent as of June 20
The rent payment tracker for June showed 92.2 percent of apartment households had paid some rent by June 20, according to a release from The National Multifamily Housing Council (NMHC).
The NMHC found in its...
Properties, Property Managers Must Adapt to Renter Needs, Changes
Renters are changing, and the properties and property managers of the future are going to have to be increasingly flexible to adapt to evolving renter needs, says Buildium in its 2020 Renters’ Report.
Property managers...
3 In 10 Americans Missed Housing Payments in June
At the beginning of June, 30 percent of Americans missed housing payments, down slightly from 31 percent in May but still up from 24 percent in April, according to the latest report from Apartment...
National Rents Continue Downward In May
National rents continued their downward trend in May, reaching their lowest year-over-year level since February 2011, according to the latest report from Yardi Matrix.
During what would typically be prime leasing season, rents decreased by...
How the Pandemic Will Affect the Future of Apartments And What People Rent
Space in home and community design is more important than ever with the pandemic and with so many people working from home, John Burns Consulting took a look at the future of apartments and...
Pandemic Leads to Rent Decline in Portland
Portland has seen a rent decline of 0.3 percent in the past month as rents in many places have started to dip during the pandemic, according to the latest report from Apartment List.
Other cities...
Coronavirus Causes Biggest Annual Rent-Growth Slowdown in at Least 5 Years
The pace of year-over-year growth saw the biggest one-month rent-growth slowdown since at least 2014, up just 2.9 percent in April after 3.4 percent growth in March. Rents fell in 16 major markets, according...
Cities That Keep the Most Jobs During Downturns
Keeping jobs during downturns, often called “durable employment,” shows up much more in some cities than in others, according to new research from Yardi Matrix.
Job stability is key to tenants being able to pay...
Residential Rental Companies Lose $4.6 Million Annually to Fraudulent Rental Applications
Two-thirds of property managers say they’ve fallen victim to fraudulent rental applications, which drive higher evictions, property damage, and criminal activity, according to a new survey.
Applicant fraud has increased nine percent month-over-month since the...