Investor home purchases hit lowest second-quarter level since 2020
The decline comes as investors face the same pressures as individual buyers; high borrowing costs, elevated prices and economic uncertainty.
Rental Properties
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Bill aims to expand affordable housing on unused religious, college land
Federal resources would help religious institutions and higher education campuses develop rental housing on property they already own.
Rent collections improve slightly, but late payments signal strain
Compared with August 2024, the on-time payment rate is down 216 basis points. That marks the 25th consecutive month of annual declines.
First American launches monthly rent automated valuation model
The tool provides rental estimates, value ranges and confidence scores for use by real estate professionals and investors.
New Western president speaks on PadSplit partnership
The collaboration will allow investors to access PadSplit’s model for converting single-family homes into shared living spaces.
RealPage acquires Livble, expanding rent payment options
The deal brings Livble’s installment-based rent payment system into RealPage platforms, with the goal to streamline payment processing.
RentSpree partners with Hive MLS to expand access in Southeast
The new rental tools integration will be available at no cost to Hive MLS subscribers in Georgia and the Carolinas.
Walker & Dunlop closes $240 million affordable housing fund
The funding will pay for 1,701 units in California, Texas, Maryland, Utah, Missouri, Michigan, Connecticut, Florida, Idaho and Kansas.
Florida’s single-family rental market is resilient, but not without risk
Florida’s single-family rental market is impacted by a persistent shortage of housing inventory.
Fraud, mismanagement led to millions in losses for Houston Housing Authority
The Houston Housing Authority’s plan to install air conditioning in rental units has led to millions of dollars in losses.