Rents Increase In April But Rent Growth Is Slowing
Nationwide rents increased another 0.5 percent in April, but even as the busy season picks up, rent growth is coming in slower than in previous years, Apartment List says in…
Landlords: Maintenance, Tenant Screening Are Biggest Struggles
Maintenance and tenant screening are the biggest struggles than landlords and property managers face on a day-to-day basis, according to a Zillow survey of more than 1,000 rental property owners.…
Seattle City Council Caps Late Rent Fee Payment At $10
The Seattle City Council has passed an ordinance to cap late rent fees at $10, according to reports, frustrating many small landlords who opposed it. The city council put in…
As Apartment Size Shrinks, Storage-Unit Demand Grows
As apartment size shrinks in newly built apartment communities, renters are seeing a higher demand now for storage-unit space, according to a survey by StorageCafe. “As new apartment units are…
More Than 50 Percent of Millennials Now Own Homes
Millennials have finally reached a significant milestone as more than 50 percent of millennials now own their homes, according to the latest data from the Census Bureau, Apartment List writes…
Which Cities Are Most Popular with Renters?
Atlanta is the most sought-after city for renters, according to a new April renter-activity report from RentCafe. The report says “renting is now the new buying,” due to high home…
Rent Component Of Consumer Price Index Has Peaked
The new numbers showing the rent component of the consumer price increase is no longer rising is crucially important as housing costs have been a major driver of inflation, Apartment…
Some Multifamily Rent Gains Despite Economic Uncertainties
Despite a first quarter that showed little rent gains, March did come through with a slight uptick in rent gains in some markets, according to the Yardi Matrix report. “Multifamily…
Second Month Of Small Rent Increases Seen In March
The national rent index increased by 0.5 percent over the course of March, the second straight monthly increase and a slight acceleration over last month’s pace, Apartment List said in…
Court Says Landlords Can Ask Tenants About Criminal History
A federal appeals court has ruled that landlords can ask potential or current tenants about their criminal history, reversing a lower court decision in part and upholding part. The U.S.…