Property Management News
Seven in 10 rental ads on TikTok are likely scams, according to a new study from CNC Intelligence. The digital forensics firm analyzed 3,141 rental listings on the social media platform across 16 cities in August and found 2,136 that had scam warning signs. The listings were checked against local rent benchmarks, property records, and the phone numbers advertised in the videos. Those that had strong or multiple warning signs were marked as suspicious. “Real estate is a popular avenue for scammers because moving is stressful. People can often find themselves with very little time, on a tight budget, and they’re worried about nowhere to live,” says Matthew Stern, CEO of CNC... Read more
KEY TAKEAWAYS Chicago ranked as the most competitive large US rental market with a 91.8 score and about 17 prospective renters per vacancy. National rental competition...
San Francisco rents set yet another record in September, with median prices posting double-digit gains from a year ago – by the largest margin this decade. The...
Three-quarters of renters are willing to pay an additional monthly fee for at least one added service, according to a new report from Foxen. Foxen, a proptech firm...
KEY TAKEAWAYS The national median rent fell 0.1% in September to $1,388, the first monthly decline since January but milder than both recent years and the pre-pandemic...
KEY TAKEAWAYS Households in expensive US metros may face decades-long waits before buying becomes more cost-effective than renting, per Zillow. Markets like San Jose and San Francisco now exceed 40 years to reach homeownership cost parity, while Midwest and Southern cities offer much shorter paths. The widening divide sustains multifamily rental demand and shapes the investment outlook for both for-sale housing and apartments. Supply Shortages Reinforce the Divide Zillow’s latest analysis sets a stark backdrop: in some US metros, the path from renter to homeowner has stretched into multi-decade territory. According to Globe St, the combined years required to save for a down payment... Read more
After years of watching the coasts and the Sun Belt set the tone, the center of the rental map has moved to the Midwest and there’s a new name at the top of the list...
Key Takeaways: On-time rent payments at mom-and-pop multifamily properties have improved more than any other rental segment over the past year, even though...
The U.S. apartment market is showing stronger signs of stabilization as rent declines moderate and vacancies retreat from record highs, according to the latest data...
For the second year in a row, McKinney, TX, holds the top spot in RentCafe.com’s ranking of the best cities for renters. This year, Southern cities account for 37 of...
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