Housing Wire

OCTOBER 3, 2023

Los Angeles-based rental management software provider RentSpree has launched a reporting feature called Credit Builder, which will facilitate reporting online rent payments to the credit bureaus. In June 2022 , Freddie Mac authorized on-time rental payments to be included in its underwriting system. It’s a win-win.”

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Housing Wire

NOVEMBER 14, 2023

Fannie Mae announced on Tuesday that its Multifamily Positive Rent Payment (PRP) pilot program, originally scheduled to expire this year, has been extended through December 2024 in light of new survey data and an impact analysis. In August 2021, Fannie Mae began including on-time rent in its underwriting decisions.

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Pre-approval Loans Finance Mortgages 446

Housing Wire

NOVEMBER 11, 2021

You could buy a top-of-the-line laptop and a new cell phone to match, or you could pay one month’s rent for a single-family home in Los Angeles. In Ventura or Carlsbad, median single-family rents are $4,250, and in Santa Clara and Berkeley, median single-family rents reached $4,225 and $4,200, respectively.

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Housing Wire

MAY 10, 2023

increase in the rent index and a 0.5% jump in the owners equivalent rent index. The data also suggests that the economy is close to peak rent inflation—lower monthly rent prices have been recorded for two consecutive months, and the price growth for new leases is still decelerating. month over month, thanks to a 0.6%

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Real Estate News

MARCH 26, 2024

A new report from Realtor.com looks at the cost gap between renting and owning and finds that many markets are now significantly more favorable to renters.

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Marketing 307

Keeping Current Matters

APRIL 17, 2024

You may have seen reports in the news recently saying it’s more affordable to rent right now than it is to buy a home.

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Housing Wire

JANUARY 27, 2023

Rent hike protections Nearly one-third of all rental units nationwide are financed with federally backed mortgages — and the blueprint may help curb some of the steep rent price increases for these properties. It will also assist in rent negotiation, lease reviews, and addressing discrimination complaints.

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Housing Wire

AUGUST 11, 2020

The amount of rent payments collected in the U.S. of apartment households making a full or partial rent payment by August 6, according to the National Multifamily Housing Council ’s Rent Payment Tracker. percentage point decrease from the share of renters who paid rent through August 6, 2019.

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As-is 492

Housing Wire

JUNE 29, 2022

According to Freddie, this option will be available starting July 10 and will allow mortgage lenders to submit a borrower’s bank account data that shows a 12-month streak of on-time rent payments to its automated underwriting system. The post Freddie Mac to include on-time rent in underwriting appeared first on HousingWire.

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Housing Wire

JULY 12, 2023

The BLS’s CPI metric lags asking rents because the CPI measures in-place rent, and because most renters see a change only once per year, the index lags significantly from asking rents on new leases. An index tracking the rent of primary residences slowed to a 0.46% change in June, the weakest increase since March 2022.

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MLS Commercial Construction Mortgages 368

Housing Wire

SEPTEMBER 28, 2022

27, eligible multifamily property owners can share rent payment data through a vendor network to TransUnion , Equifax , and Experian in the renter’s credit profile. In September of 2021, Fannie Mae began to incorporate customers’ rent payments into its underwriting system, known as Desktop Underwriter. Effective Sept.

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Inman

MAY 7, 2024

The nation's biggest city saw the biggest gap emerge between the rates of wage growth and rent growth, according to a new report from Zillow.

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Brownstoner

MAY 2, 2024

By Ethan Stark-Miller, amNY New York City’s roughly 1 million rent-stabilized tenants could see their rents hiked by as much as 6.5 percent, according to preliminary ranges approved by the city’s Rent Guidelines Board Tuesday night.

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Inman

APRIL 30, 2024

metro areas witnessed rents rise on an annual basis in March, especially in the Northeast and Midwest, where a lack of rental supply is common and owning a home is costly. Eighteen of the 50 largest U.S.

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Marketing 159

BAM Media

MAY 9, 2024

BAM Key Details: Research from Zillow and StreetEasy show New York rents increased seven times faster than wages in 2023, putting an extra squeeze on renters’ budgets as housing affordability worsens. Three of the five markets where rents have outpaced wage growth most dramatically since the pandemic are in Florida. rent growth vs. 2.4%

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Inman

APRIL 5, 2024

Property management software company Colleen has added voice-based interaction to its artificial intelligence rent collection solution, five months after its initial launch.

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Property Management Technology 148

Inman

APRIL 18, 2024

A total of 27,500 build-to-rent houses in the United States were completed in 2023, according to a new report from RentCafe.

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Inman

MARCH 11, 2024

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.

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Inman

MARCH 26, 2024

Austin and Seattle were the friendliest cities for renters as the monthly mortgage payment on a starter home in each of the top 50 cities soared above the average rent by more than $1,000.

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Marketing Mortgages 172

RIS Media

MARCH 14, 2024

Yardi’s latest National Multifamily Report for February found that multifamily rents rose slightly by $1 to $1,713, while year-over-year growth was unchanged at 0.6%. The Northeast and Midwest continue to outperform over the short term, led… The post Multifamily Rents Rise Ahead of Spring appeared first on RISMedia.

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Marco Santarelli

MAY 10, 2024

After years of soaring rent prices, Florida's housing market is finally experiencing a slowdown, with rent growth falling below the national average. Florida Rents Rise Slower Than U.S. While national rents have seen an annual increase of 3.57%, Florida's major cities have witnessed tepid growth rates below this figure.

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Marketing 98

Real Estate News

OCTOBER 23, 2023

Realtor.com's latest rental report found that rent prices across the U.S. dipped in September, continuing a five-month trend.

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Inman

DECEMBER 21, 2023

Colleen’s suite of products address a range of communications and apartment community needs for managers in the multifamily space, including lease renewal engagement, rent submission and other lease term milestones.

Property Management 156

Property Management Technology 156

Inman

FEBRUARY 27, 2024

Rent is now 0.7 percent lower for one-bedroom rentals nationwide than it was a year ago, but not in all markets, new report shows.

Marketing 183

Marketing 183

RIS Media

JANUARY 22, 2024

It’s grown to the point where renting has become the favored choice amongst the masses because average wages will no longer cover the costs of homeownership. In fact, renting and owning a three-bedroom home consumes more… The post Renting is Still More Affordable Than Owning appeared first on RISMedia.

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RIS Media

DECEMBER 19, 2023

asking rent fell $12 to $1,717 in November, the seventh consecutive month of year-over-year declines, according to a new report from Realtor.com. The median U.S.

Industrial 122

Industrial Marketing 122

Bigger Pockets

APRIL 29, 2024

A tenant not paying rent can turn your profit upside down. Should you find yourself in this situation, there are several key steps you must take.

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Property Management 118

HomeLight

MAY 14, 2024

A rent-to-own agreement could be your gateway to buying a home, allowing you to rent now and purchase later, often regardless of a low credit score. This guide will help you understand how to navigate the rent-to-own process with bad credit and explore your options to transition from renting to owning.

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VA loan FHA loan Loans Closing costs 62

Calculated Risk Real Estate

MAY 2, 2024

Updated History on the BLS New Tenant and All Tenant Regressed Rent Indexes The BLS recently released its quarterly data on its New Tenant and All Tenant Rent Indexes for the first quarter of 2024. The New Tenant Rent Index (R-CPI-NTR) measures prices renters would face if they changed housing units every period.

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RIS Media

FEBRUARY 1, 2024

America’s national rent crisis could be coming to an end. Rental prices have been elevated for years—and renters’ income hasn’t caught up to match—but per findings from the Waller, Weeks and Johnson Rental Index, rents are on the decline as of December 2023.

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As-is Industrial 128

Inman

FEBRUARY 6, 2024

Rent collection is essential for your portfolio's financial stability and profitability. Ryan Barone shares strategies to simplify it for you and your renters.

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Agents 148

RIS Media

JANUARY 12, 2024

asking rent was $1,709 in December (a $4 decline), with year-over-year growth at 0.3%. … The post Multifamily Rents End Year With Another Decline appeared first on RISMedia. The average U.S. Occupancy remained unchanged at 94.8% in November.…

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Marketing Industrial 126

Seattle Times Real Estate

APRIL 22, 2024

Tenants in low-income housing are struggling to pay rent — or refusing, depending on whom you ask. Either way, the debt could hurt affordable housing long-term.

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RIS Media

OCTOBER 17, 2023

Renting alone, while often considered unaffordable and unattainable, has actually grown in recent years. Between 2016 and 2021, solo renting grew by about 1 million people, reaching 16.7 The report found that solo renting has become the fastest-rising… The post Solo Renting is on the Rise appeared first on RISMedia.

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Marketing Industrial 126

Inman

SEPTEMBER 12, 2023

At $2,052, the median monthly rent remains near its all-time high. But builders are wrapping up construction on thousands of new units, and rents could start falling soon.

Construction 177

Construction Marketing 177

Bigger Pockets

MAY 10, 2024

Learn if rent-to-own investing is right for you. The Sunshine State offers the exact combination of factors that make this investment option attractive.

Marketing 114

Marketing 114

RIS Media

OCTOBER 24, 2023

Rents in the 50 largest metros dropped to $1,747 in September, down $29 from the peak seen in July 2022, according to a new report from Realtor.com. Realtor.com’s September Rental Report found that rent prices, while still significantly higher than pre-pandemic levels, dipped on an annual basis for units of all sizes.

Industrial 126

Industrial Marketing 126