Items Tagged with 'renters'

ARTICLES

  • The rise of renter nation and why it's here to stay

    High rents, home prices and interest rates should keep people renting for a while
    Nationwide, the percentage has been growing for the last 10 years, and though homeownership has been making a small comeback lately, escalating rents and continually rising home prices are keeping many households on the lease life. And it looks like it's going to stay that way for a while.
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  • Zillow makes big move into rental services

    New tools allow renters to apply to unlimited properties for flat fee and pay rent through its portal
    Zillow is at it again, aiming to take more ground in the rental market. This week, the online real estate giant rolled out new tools that allow renters to apply for multiple rentals with one application that includes a background check, eviction history, and a credit report. Plus renters can pay their rent directly through Zillow's portal.
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  • How to avoid being one of the 5.2 million renters scammed in rental fraud

    Estimated 5.2 million renters lost money to scammers in the U.S., according to Apartment List
    A staggering 5.2 million renters lost money to scammers, according to a newly released report from Apartment List. A disproportionate number of these people are young renters between the ages of 18 and 29-years-old. Read on for tips on how to avoid getting scammed out of your hard-earned money.
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  • Zillow: Blacks and Latinos have to spend more than 30% of income to pay rent

    San Francisco, Los Angeles, Boston and New York are typically unaffordable for blacks and Latinos
    As rental prices continue to rise to record levels, new research from Zillow indicates that a disproportionate percentage of blacks and Latinos cannot afford to rent. This is because black and Latino income remains below their counterparts, hindering affordability in the majority of the 50 largest metros nationwide.
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  • Fannie Mae: Both renters and homebuyers feel pessimistic about affordable housing availability

    Affordability concerns could be keeping people in their homes and contributing to inventory shortage
    Renters and owners are more likely to be concerned about housing affordability when they have to find a new place to live compared to the affordability of where they already live, according to a report from Fannie Mae. Basically, people feel more comfortable paying what they pay now and are concerned that their payment (whether it's rent or a mortgage) will be less affordable than what they currently have.
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  • RealPage: Rent growth continues slow slide, but multifamily remains healthy

    Large delivery numbers are slowing rent growth, but strong demand is keeping occupancy up
    Rents are increasing at the slowest rate in eight years, according to a report from RealPage. Though the run of annual growth has reached a record 32 quarters, the continued delivery of new units has taken its toll on rent growth, slowing it to 2.3%. But there are several silver linings in this cloud.
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  • RENTcafé: 83% of renters can't afford to live where they want

    Sky-high prices in job nodes make a hellacious commute nearly universal for renters
    A RENTcafé survey of more than 2,000 renters found that less than 17% of them lived close to their desired location, meaning that 83% of renters have to go the extra mile(s) to get where they’re going. According to RENTcafé, apartments in desirable areas (aka job centers) cost $1,655 per month, a 37% increase over the national average rent of $1,211 in regular or low-rated locations.
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  • Rover and Mobile Doorman partnering for pets

    The two companies announced a beta partnership integrating their platforms
    Custom apartment app developer Mobile Doorman will be integrating Rover's services into its custom-branded apartment community apps. Rover, a pet care service provider, is to offer special pricing and promotions to new customers through Mobile Doorman's apps.
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