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John Triplett

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  • Portland Rents Rise in April, Decreases Over Year

Portland Rents Rise in April, Decreases Over Year

Portland rents rose 0.8% in April, making the overall median rent in the city $1,549, according to the May report from Apartment List. While the median rent in Portland rose…

New Apartment Construction Steadily Being Absorbed

Multifamily rents continue to rise slightly as the market absorbs the steady supply of new apartments, Yardi Matrix says in the April National Multifamily Report. “Although rent growth remains moderate,…

HUD Warns About Using AI for Tenant Screening and Advertising

The U.S. Department of Housing and Urban Development (HUD) has issued two guidance documents addressing the application of the Fair Housing Act to two areas in which the use of…

Building Code Changes Affecting Rental Housing Affordability

Building code changes over the past 10 years have been the single biggest driver in increasing rental housing affordability, according to a release from the National Multifamily Housing Council (NMHC).…

Rent Prices Continue To Climb For Third Month

Rent prices continued to climb for the third month in a row, and while rent increases were modest and sluggish, further increases could stall, Apartment List says in its May…

Rent Changes Should Be Modest For Rest Of 2024

Rent changes should be modest for the rest of 2024 due to the imbalanced relationship between supply and demand, says the rental platform Zumper in its latest National Rent Report.…

Is Surge in Built-for-Rent Single-Family Homes Good?

The surge in built-for-rent single-family homes – many with corporate ownership that resembles multifamily housing – have experts split on the long-term housing implications of this trend, according to a…

Multifamily Shows Good Early Rent Gains In 2024

The multifamily market produced encouraging rent gains in March, its strongest performance in 20 months, writes Yardi Matrix in the March Multifamily Report. “The market appears to be settling into…

Landlord To Pay $185,000 to Settle Sexual Harassment Lawsuit

A Michigan landlord, Mohamad Hussein, has agreed to pay $185,000 in damages and a civil penalty to the government to resolve the Fair Housing Act (FHA) lawsuit concerning Hussein’s sexual…

Salt Lake City Rents Up Slightly In March

The median rent in Salt Lake City rose by 0.4% over the course of March, as Salt Lake City rent growth in 2024 is pacing similar to last year, according…