Items Tagged with 'Rent'

ARTICLES

  • Renters are renewing their leases more than ever before

    Rents rise, but people still choose to stay in their apartment
    Despite rents continuing to rise throughout much of 2018, renters are choosing to remain in the same apartment more than they ever have before, even if their rent goes up. In fact, a new report from RealPage shows that apartment resident retention (renters electing to renew their lease after its initial term expires) hit an all-time high last year.
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  • Renter-focused insurance startup Jetty raises $25 million

    Offers renters insurance, security deposit insurance, lease guaranty
    Jetty, a renter-focused insurance startup, announced this week that it raised $25 million to grow its business. In addition to offering renters insurance directly to renters, Jetty also partners with property managers and landlords to offer renters insurance directly through the property. The company also offers a security deposit alternative and a lease guaranty option that are facilitated through its partnerships with property managers.
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  • Here’s what rents did in all 50 states in 2018

    Which states rose and which fell? Here’s your answer
    As we’ve now officially crossed over to 2019, we can take a full look back at what happened in the multifamily industry in the year that just passed. A recent report showed U.S. renters paid a record $504.4 billion in rent in 2018. But what did rents do on a state-by-state basis? And what about on an apartment-type basis? Here are your answers.
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  • Here’s what renters are really looking for in their next apartment

    Search trends reveal the things renters really care about
    Surely one of the top questions for any landlord or property developer is what do renters really want in their next apartment? What matters to them? What do they care about? For the most part, answering that question is probably a guessing game. Well, maybe not anymore. Newly released data from RENTCafé and Yardi Matrix provides insight into what renters truly want, based on the one place they can’t really lie about – their search history.
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  • Apartments are getting smaller but costing more. What gives?

    Average apartment size has fallen by 5% in 10 years, while prices have risen
    Depending on which report you believe, rents are either slightly falling or just hit another all-time high. Regardless of whether rent is still going up nationwide, one thing is certain: Rents have gone up significantly over the last 10 years. Given that increase, one might think that renters are getting more for their money in the form of larger apartments, right? Wrong.
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  • Are rent prices cooling off?

    New rental price report from Abodo shows slowing growth
    During the last year, rental prices have been reaching all-time highs, but will they slow down? A new rent price report from apartment search site Abodo says that rental rates nationwide are stabilizing.
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  • Senate Democrats unveil sweeping rent reform proposal

    Dems introduce act that could bring tax relief to renters
    Increasing rent prices leave many American families struggling to afford housing, but Senate Democrats have introduced new legislation to help alleviate that stress. The Rent Relief Act will award a refundable tax credit to renters that pay more than 30% of their gross income on rent, including utilities.
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