Real estate is a hot commodity these days, as consumers nationwide find themselves drawn into bidding wars that are pushing the price of limited single-family housing inventory ever higher. Betting that the market will continue on that hallowed hot streak, Blackstone Group Inc. announced today...
The market for vacation homes has caught fire in counties nationwide, as sales of vacation properties have risen 16 percent since 2020 — nearly tripling the gains delivered by existing homes, which were up 5.6 percent according to the National Association of Realtors. That push,...
When the COVID-19 pandemic was at its worst, many commercial landlords gave their tenants a deal: pay us a portion of your monthly sales in rent instead of the normal amount in order to remain open. But that seemingly temporary arrangement could become permanent, The Wall...
RealPage has launched Identity Verification, which it says is the real estate industry’s first comprehensive tool for preventing fraud at multiple touchpoints across the leasing and payments process. The company, which provides software and data analytics to the real estate industry, said the tool will...
Real estate software firm RealPage is teaming up with Airbnb to launch apartment homesharing solution Migo, according to a Friday (June 4) press release. RealPage CEO Steve Winn said the company’s “exclusive” partnership with Airbnb will make homesharing “easier for everyone” without infringing on neighbors or giving management additional work....
Till, the FinTech that provides a payment platform for renters, announced Tuesday (June 1) it has formed a partnership with Asia Capital Real Estate (ACRE) to launch Till Credit Builder. The companies say the partnership will allow ACRE to expend rent reporting benefits to residents...
As anyone who has been through the process can readily confirm, buying a home can be a stressful ordeal. Between finding an agent, finding a home, navigating a bidding war on a property, making an offer and getting the whole deal signed, sealed and delivered,...
The Department of the Treasury announced Friday (May 21) that it has distributed $6.1 billion to help landlords and tenants through the Emergency Rental Assistance (ERA) program. Part of the American Rescue Plan, the $21.6 billion ERA program is designed to prevent evictions and “ensure...
It’s a tough time to be a buyer in the housing market. The average price of a new home in 2020 was $389,400 U.S. dollars, and in 2021, it reached $408,800, according to data from Statista. Bidding wars are competitive, and younger buyers coming in...
