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Technology’s role in rental property investment market

Housing Wire

The rental segment has been marked by strong demand and looks to continue on this trajectory given mortgage rates that continue to hover around 7% and record property prices across many U.S. rental sector has benefitted most landlords in this country, from larger multifamily investors to smaller mom-and-pop owners. according to U.S.

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Opteon’s Short-Term Rental Analysis provides a more accurate report for short-term rentals

Housing Wire

There has been much back and forth in the industry about reporting for short-term rentals — who should complete the report and what form should be used? Previously, the only way to create a robust report truly reflective of the potential of a short-term rental was to have a certified general appraiser complete a narrative report.

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Low-end single-family rentals are getting more expensive

Housing Wire

“However, because the SFRI peaked in these metros in July 2022, the annual decreases represent a plateauing of costs rather than larger weaknesses in single-family rental markets.” Detached rental prices were up 2.4% She also added that the gains of the past few years are unlikely to be totally erased in the near future.

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Airbnb listings plummet as New York cracks down on short-term rentals

Housing Wire

for short-term rentals. 5, hosts of short-term rentals will need to register with the city, The Wall Street Journal reported. There are around 10,800 illegal short-term rentals across the city, per municipal government estimates. New York City’s Short Term Rental registration Law took effect March 6, 2023.

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How AI and a changing rental market will shape property management in 2024

Housing Wire

Two complex factors are set to transform the rental market in 2024, creating new challenges and opportunities for property managers. The second is a more competitive rental market, driven by record-high construction of multifamily rental properties. At the same time, the data suggests several benefits for early adopters.

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Slowing single-family rental price growth is approaching pre-pandemic levels

Housing Wire

single-family rental market is still strong, but the pace of rent increases has cooled significantly over the past year. Detached rental prices were up 2.6% The market is looking more like 2019 than the price spikes witnessed during the pandemic. single-family rent increases in May registered a 3.7% gain, compared to the 14.2%

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Single-family rental market slammed by headwinds

Housing Wire

In addition, secondary market investors continue to show interest in well-underwritten, higher-rate loans secured by single-family rental properties. That includes rentals owned by so-called mom-and-pop landlords — with 10 or fewer properties. Short term rental growth is slowing.

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