Items Tagged with 'renters'

ARTICLES

  • NPR: Can rent control save California's struggling renters?

    Some say inventory should be the main concern
    Affordability continues to haunt homeowners and renters nationwide, especially Californians navigating one of the nation’s most unaffordable markets. However, a recently introduced proposition may offer Californian renters some peace of mind, according to an article from NPR.
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  • Rental management platform TurboTenant raises $2.2 million to fund growth

    Will use capital raised to roll out new features and expand market share
    TurboTenant, a free platform for landlords that includes rental marketing, online rental applications, tenant screening, renters insurance, tenant management and communication, is planning to grow thanks to some newly raised funding. The platform garnered new investments from Service Provider Capital; Michael Beaudoin, co-founder of HomeAdvisor; and Karl Sowa, former CMO of HomeAdvisor.
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  • Realtor.com: Home prices are rising 3 times faster than rents

    This could mean further reinforcement for multifamily demand for the foreseeable future
    According to Realtor.com, home prices are rising at three times the rate of rent growth. A new analysis by the real estate company’s research division shows that the monthly costs of buying a home have risen by 14% over the past year while rents have only increased by 4%. That's likely to keep people renting.
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  • 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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