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Rental Properties

Greystar reaches $7M settlement in rent-setting lawsuit

California, Colorado, Connecticut, HWmember, Illinois, Lawsuit, Legal, Massachusetts, Minnesota, North Carolina, Oregon, Real Estate, RealPage, Rental Properties, Tennessee /

A $7 million settlement agreement with Greystar Management Services was announced by California Attorney General Rob Bonta — part of a coalition of nine state attorneys general pursuing antitrust claims tied to RealPage software. The settlement requires Greystar to stop using software that employs competitively sensitive information to align rents and to cooperate in the […]

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Court dismisses N.J. mayors’ challenge to affordable housing law

Affordable housing, HWmember, Legal, Low-Income Housing Tax Credit, Multifamily, Multifamily Housing, New Jersey, Real Estate, Rental Properties, Single-Family Rentals /

A New Jersey Superior Court judge has dismissed lawsuits from a coalition of state municipalities seeking to overturn a new affordable housing law — dealing a major setback to opponents of the policy. Assignment Judge Robert Lougy on Tuesday rejected two suits filed by the Local Leaders for Responsible Planning, a group led by Montvale,

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Why the FTC is targeting Zillow and Redfin’s rental deal

Federal Trade Commission, HWmember, Legal, Real Estate, Redfin, Regulatory, Rental Properties, Trump administration, Zillow /

Despite rumors earlier this year that the Federal Trade Commission (FTC) was investigating Zillow and Redfin over their $100 million rental syndication deal, the announcement that the FTC was suing the two companies still carried an element of surprise. “This shows that the Federal government is still looking hard at the realty space,” Chuck Cain,

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Where rental agents are cashing in: The states to watch for the remainder of 2025

Agent, Contributors, Opinion, Real Estate, real estate agent, Real Estate Agents, Rental Assistance, Rental Properties /

The U.S. rental market is shifting in 2025, but for rental agents, opportunity remains abundant. National vacancy rates reached 7 percent in the second quarter, up from 6.6 percent a year earlier, according to the U.S. Census Bureau. A wave of new construction and moderating rent growth has created a more balanced market, but in

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Amazon-backed affordable housing hits Seattle milestone

Affordable housing, Amazon, Housing Market, HWmember, Multifamily Housing, Rental Properties, Seattle, Washington /

Amazon has reached a milestone of 10,000 affordable housing units funded in Seattle’s Puget Sound region, part of the $2 billion Housing Equity Fund the online retail giant launched in 2021. The announcement coincides with the opening of Connection Angle Lake — a 130-unit development from Mercy Housing built with the help of a $17

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Investor home purchases hit lowest second-quarter level since 2020

Affordability, Housing Market, HWmember, Institutional investors, Interest rates, Investor, Investors, Mortgage Rates, Real Estate, Rental Properties, Single-Family Housing, Single-Family Rentals /

U.S. real estate investors bought about 52,000 homes in the second quarter, the lowest level for that period since 2020, according to a report from Redfin. Purchases were down 6% from a year earlier — the largest drop since late 2023. Redfin, which analyzed purchase records across 39 major metropolitan areas, defines an investor as

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Bill aims to expand affordable housing on unused religious, college land

Affordable housing, Congress, Housing Inventory, HWmember, Legislation, Real Estate, Rental Properties, Single-Family Rentals, U.S. Senate /

U.S. Sens. Mark R. Warner (D-Va.), Andy Kim (D-N.J.) and Lisa Blunt Rochester (D-Del.) introduced legislation last week that would make it easier for faith-based organizations and colleges to convert unused land into affordable housing. The measure — called the Yes in God’s Back Yard (YIGBY) Act — would direct federal resources to help religious

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Rent collections improve slightly, but late payments signal strain

Affordability, Data & Visuals, Debt, Housing Market, HWmember, Multifamily, Multifamily Housing, Rent Prices, Rental Properties, Renters, Single-Family Rentals /

On-time rent payments improved in August 2025, offering a rare positive note in a year marked by declining performance, according to new data from Chandan Economics. Preliminary estimates for August show that 83.2% of tenants at independently operated units paid their rent on time — up 34 basis points (bps) from July. July’s figure was

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First American launches monthly rent automated valuation model

Appraisals and Valuations, First American, First American Financial Corporation, HWmember, Real Estate, Rent Prices, Rental Properties, Renters, Single-Family Rentals, Technology /

First American Data & Analytics has released an automated valuation model that estimates monthly rent for residential properties nationwide. The product — called Procision Rental AVM — updates daily on roughly 100 million properties, including single-family homes, condominiums and homes in planned-unit developments. It provides rental estimates, value ranges and confidence scores for use by

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New Western president speaks on PadSplit partnership

Affordability, Housing Inventory, Housing Market, HWmember, Multifamily Housing, Real Estate, Real Estate Technology, Rent Prices, Rental Properties, Renters, Technology /

New Western and PadSplit have entered a partnership aimed at increasing affordable co-living housing, effective last week. New Western cofounder and President Kurt Carlton told HousingWire the collaboration will allow investors to access PadSplit’s model for converting single-family homes into shared living spaces — while leveraging New Western’s large property inventory. “(PadSplit) will help you

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