• Sun. Nov 24th, 2024

News And Trends

  • Home
  • Multifamily Rents Drop Amid Supply Surge

Multifamily Rents Drop Amid Supply Surge

Multifamily rents turned negative in September, with the average U.S. rent declining $6 from August and $3 during the third quarter amid a supply surge, Yardi Matrix says in its…

TransUnion To Pay $15 Million Over Tenant Screening Inaccuracies

TransUnion has agreed to pay $15 million in a settlement over tenant screening inaccuracies because “TransUnion and subsidiary violated the FCRA (Fair Credit Reporting Act) by failing to remove inaccurate…

Second Consecutive Month With Negative Rent Growth

The U.S. saw a second consecutive month of negative rent growth in September, according to the October report from Apartment List. The nationwide median rent fell 0.5 percent to $1,364…

6 Vital Tools You Need To Fight Fraud

6 vital tools you need to fight fraud as the stories of fraud are becoming all too common and we need to stay vigilant. By David Pickron I have a…

Oregon Audit Questions Emergency Rental Assistance Spending

Oregon Secretary of State auditors unearthed millions of misappropriated dollars and a lack of oversight and accountability in four state agencies including emergency rental assistance spending at the Oregon Housing…

Now Is The Time to Promote Mental Health In Multifamily

“Multifamily experienced an improvement in mental health last year, but the number of people who reported less stress in 2023 fell to nearly the same level that multifamily experienced during…

Rental Growth Rates Return To Pre-Pandemic Levels

Rental growth rates are returning to pre-pandemic levels in line with historic standards even though “asking rents are increasing at a slower rate than the last two years,” Yardi Matrix…

Expense Growth Clouds Future Multifamily Performance

While economic growth and a strong job market have helped multifamily asking rents grow nationally in August, operators are now facing the rapid expense growth on that side of the…

2 Background Check Providers to Pay $5.8 Million Over Inaccurate Reports

The Federal Trade Commission (FTC) will require background check report providers TruthFinder and Instant Checkmate to pay $5.8 million to settle charges that they deceived consumers about whether consumers had…

Rental Market: August Rent Slows, Annual Fall Decline is Early

The rental market continued slowing down in August as both monthly and annual rent growth turned negative, according to the September report from Apartment List. Rent growth typically follows a…