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NYC Man Charged in Rental Scam That Defrauded Victims Out of $25,000

NYC Man Charged in Rental Scam That Defrauded Victims Out of $25,000

by Phil Hall | Oct 3, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

A New York City man was indicted for stealing approximately $25,000 from three prospective renters by pretending to be a real estate broker and showing them apartment that he was not authorized to sell. According to the charges brought against him, Juan Valloy ran a...
Attorneys General of 5 States Sue Zillow and Redfin Over Rental Housing Agreement

Attorneys General of 5 States Sue Zillow and Redfin Over Rental Housing Agreement

by Phil Hall | Oct 1, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

The attorneys general of Arizona, Connecticut New York, Virginia, and Washington are following the lead of the Federal Trade Commission (FTC) in suing Zillow (NASDAQ: Z, ZG) and the Rocket Companies (NYSE: RKT) division Redfin over their $100 million rental housing...
TransUnion: More People Sharing Rent Payment Data with Credit Reporting Agencies

TransUnion: More People Sharing Rent Payment Data with Credit Reporting Agencies

by Phil Hall | Sep 10, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new data report from TransUnion (NYSE: TRU) has determined 13% of consumers are sharing their rent payments data with credit reporting agencies, up from 11% in 2024. However, TransUnion’s research also found the number of property managers who are aware of and...
National Average for Apartment Rents Down Slightly in August

National Average for Apartment Rents Down Slightly in August

by Phil Hall | Sep 8, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Apartment rents in August recorded a national average of $1,713, a slight 0.23% decrease from July’s revised rent of $1,719. According to Apartments.com, an online marketplace of CoStar Group (NASDAQ: CSGP), this marks the second consecutive month of flat or negative...
Experian Updates System to Enable Review of Consumer Rent Histories and Payments

Experian Updates System to Enable Review of Consumer Rent Histories and Payments

by Phil Hall | Sep 3, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

The credit reporting agency Experian has updated its Experian Connect API platform with the addition of RentBureau Consumer Profile, which will allow consumers’ rent history and payment behavior to be factored into their credit scoring. The Costa Mesa,...
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