Governor Signs Revised Oregon Rent Control Law
Oregon Gov. Tina Kotek has signed a revised rent control law, SB 611, which caps rents and prohibits landlords from charging a rent increase annually of more than 10 percent…
HUD Makes $30 Million Available For Fair Housing Enforcement
HUD (U.S. Department of Housing and Urban Development) is making $30 million in funding available for fair housing enforcement to local and state partners through the Fair Housing Assistance Program…
Apartments Renting For Same Price As A Year Ago
National rent growth was flat year-over-year meaning apartments are renting for the same price as they did a year ago on average, Apartment List says in its July rent report.…
Mid-Year Report: Multifamily Faces Challenges but Demand Remains Steady
Multifamily rent growth is positive, but slowing, Yardi Matrix says in the Multifamily Mid-year Outlook report. However, challenges do lie ahead. While rent growth is positive, “the market faces challenges…
Where Are The Most Popular Cities And Regions For Renters?
This month, the Midwest is the most popular region for renters, followed by the South, according to RentCafe’s monthly June ranking based on searches on their site. “Overall, the South…
Fake Landlords Indicted In Rental Assistance Fraud In Seattle
Six people have been indicted on federal charges of rental assistance fraud by using fake documents and posing as landlords using fake tenant applications to claim emergency rental assistance money…
Sluggish Demand And Increasing Supply Slowing Rent Growth
Rent prices nationally were up slightly in May at 0.5 percent but sluggish demand and increasing supply of new units is slowing rent growth, Apartment List says in the June…
Evicted Tenant Charged With Arson In Portland Apartment Fire
Police have charged an evicted tenant with felony arson, criminal mischief and misdemeanor reckless endangerment in a fire that destroyed a Portland apartment building, according to reports. The 116-year-old apartment…
Multifamily Fundamentals Strong But Mild Recession Predicted
Multifamily fundamentals have been holding up better than expected through the first quarter, but there is still a looming mild recession expected later this year, Yardi Matrix experts explained in…
National Multifamily Rents Up Slightly In April
Multifamily rents were up slightly in April “but less than previous years and in line with our forecast deceleration,” Yardi Matrix writes in the April report. “Demand remains stable despite…