Rent news and trends

Inflation’s Still With Us as Food and Shelter Were Pricier in January 
Economy // February 13, 2024

The latest data from the government on consumer prices indicates a bit of weary truth: Inflation’s settled in, seemingly for the long haul. The Bureau of Labor Statistics noted on Tuesday (Feb. 13) in a news release that, overall, prices were up 3.1% in January, as...

Bilt Explores Mortgage Payment Rewards Amid $3.1 Billion Valuation
News // January 24, 2024

Rent payment loyalty platform Bilt Rewards is now a $3.1 billion company. Bilt’s new valuation follows a $200 million equity investment led by General Catalyst, as well as the addition of General Catalyst managing director Ken Chenault and NFL Commissioner Roger Goodell to its board, the company said...

Inflation’s Pace Quickens in December, Led by Housing Costs
Economy // January 11, 2024

The end of inflation? The end of the pinch to paycheck-to-paycheck wallets? Hardly. And, per the latest Consumer Price Index data, released Thursday (Jan. 11) by the Labor Department, the most basic of expenses — especially shelter — proved to be more expensive headed into the...

Nearly Two-Thirds of Renters Highly Satisfied With Receiving Refunds Instantly
Digital Payments // December 28, 2023

Just as digital options have gained popularity for paying rent directly from a bank account, the digitization of refunds has also gained momentum. In fact, the days of writing checks and mailing them are dwindling, with tenants, particularly those with higher rents, increasingly favoring convenient,...

Interviews & Exclusives
Inflation’s Still With Us as Food and Shelter Were Pricier in January 

February 13, 2024
The latest data from the government on consumer prices indicates a bit of weary truth: Inflation’s settled in, seemingly for the long haul. The Bureau of Labor Statistics noted on Tuesday (Feb. 13) in a news release that, overall, prices were up 3.1% in January, as measured year on year and 0.3% higher as measured month […]

Inflation’s Pace Quickens in December, Led by Housing Costs

January 11, 2024
The end of inflation? The end of the pinch to paycheck-to-paycheck wallets? Hardly. And, per the latest Consumer Price Index data, released Thursday (Jan. 11) by the Labor Department, the most...

Nearly Two-Thirds of Renters Highly Satisfied With Receiving Refunds Instantly

December 28, 2023
Just as digital options have gained popularity for paying rent directly from a bank account, the digitization of refunds has also gained momentum. In fact, the days of writing checks...

Property Managers Issuing Refunds via Instant Pay Have More Satisfied Tenants

December 11, 2023
Renting an apartment, house or office space means receiving a rent-related refund, such as a returned security deposit or reimbursement for work on the property. As digital options have proliferated...

Quick Reads
Bilt Explores Mortgage Payment Rewards Amid $3.1 Billion Valuation

January 24, 2024
Rent payment loyalty platform Bilt Rewards is now a $3.1 billion company. Bilt’s new valuation follows a $200 million equity investment led by General Catalyst, as well as the addition of General Catalyst managing director Ken Chenault and NFL Commissioner Roger Goodell to its board, the company said Wednesday (Jan. 24) in a news release. The company said […]

Real Estate Startup Bilt Sees Valuation Quadruple to $1.5B

October 25, 2022
The chief executive of real estate startup Bilt Rewards says his company has seen its valuation grow fourfold to $1.5 billion following a $150 million equity funding round. In an...

Fannie Mae Debuts Rent Reporting to Boost Credit Scores

September 27, 2022
Fannie Mae has rolled out its Multifamily Positive Rent Payment Reporting program to help renters build credit history and improve their scores, a company press release said. It will start...

CFPB Rolls Out Rental Assistance Finder For Renters And Landlords

July 29, 2021
The Consumer Financial Protection Bureau (CFPB) launched an online tool on Thursday (July 29) to help renters and landlords search and apply for help to cover rent, utilities and other...