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.
Renters
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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.
3 charts that show why renters struggle to become homeowners
Data from NLIHC’s annual Out of Reach report shows in no uncertain terms why making the jump from renting to owning has been so tough.
Bilt raises $250M to expand into mortgages, with backing from UWM
Bilt, which operates a loyalty program and credit card that converts rent payments into points, has secured a new funding round led by General Catalyst and GID.
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.
Comfortable city living usually requires a six-figure salary
Nine of the top 10 cities where homeowners need the highest incomes are located on the West Coast or in the Pacific region.
These suburbs saw the largest increases in renters during the pandemic
A Point2Homes study found that a number of suburbs experienced significant shifts in renter rates from before and after the pandemic.
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.