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Rents Rise Slightly For Second Month In A Row

Rental Housing Journal

March saw national rents rise slightly for the second month in a row, according to Apartment Lists April report. While the last two months have seen some rent increases, overall national year-over-year growth remains negative at -0.4 At the local level, 82 of the nations 100 largest cities saw rents rise in March.

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Rents Decline Again In January- Have They Hit Bottom?

Rental Housing Journal

Nationwide rents declined again in January for the sixth month in a row, according to the February report from Apartment List. Rents fell 0.2% in January a month that typically marks the bottom of the rental market each year, before rents start to rise in the spring. Year-over-year growth also remains negative at -0.5

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Bitcoin Use Is on the Rise. What Does That Mean for Property Managers?

Propertyware

In April, 2021, California real estate billionaire Rick Caruso announced his company would begin accepting Bitcoin for rent payments. With Bitcoin and other cryptocurrencies growing in popularity, more real estate investors and property management companies may follow Caruso’s lead, allowing tenants to pay their rent in crypto.

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Landlord Ordered to Pay $80,000 Over Threat to Call ICE On Tenants

Rental Housing Journal

An Illinois court has ordered a landlord to pay more than $80,000 for threatening to call immigration authorities (ICE) on a tenant couple who rented an apartment from him in 2020, according to reports. Immigration and Customs Enforcement (ICE) during a rent dispute, solely based on the parents perceived immigration status.

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Rent-Setting Software Pushed Up Rents in Several Metros

Rental Housing Journal

Renters In Atlanta, Denver and Dallas paid more than $100 a month more in rent to landlords who used rent-setting software algorithms, according to a report. Companies like RealPage use their tools to suggest optimal rent for landlords to charge. billion in 2023. And that information, in most cases, is not public.

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Little Change In Rents As Tenants Settle In For Winter

Rental Housing Journal

There was little change in rents as moving season is past and tenants settle in for the winter, Yardi Matrix says in the November Multifamily Report. advertised rent has changed more than $3 only three times. Year-over-year rent growth fell 10 basis points to 0.9%. Nationally, rent growth has been steady at just under 1.0%

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