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Zillow and Redfin Partner on Multifamily Rental Listings

Zillow and Redfin Partner on Multifamily Rental Listings

by Phil Hall | Feb 12, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Zillow (NASDAQ: Z, ZG) and Redfin (NASDAQ: RDFN) announced a new partnership with Zillow becoming the exclusive provider of multifamily rental listings on Redfin and its subsidiary sites. The partnership covers properties with 25 or more units. According to the...
Downtown Seattle Median Rent Up for First Time in 17 Months

Downtown Seattle Median Rent Up for First Time in 17 Months

by Phil Hall | Jan 29, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Apartment rents in Seattle’s downtown rose for the first time in 17 months in December, according to data from Redfin (NASDAQ: RDFN). The rent hike was a 2.5% year-over-year uptick to a median of $2,000. Seattle’s median rent seesawed over the past five years,...
Quebec Rental Tribunal Recommends Highest Rent Hikes in Three Decades

Quebec Rental Tribunal Recommends Highest Rent Hikes in Three Decades

by Phil Hall | Jan 24, 2025 | International Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Rental housing tenants in Quebec will soon face their highest rent hikes in three decades. Radio Canada reports Quebec’s rental tribunal, known in French as the Tribunal administratif du logement (TAL), has published calculations for landlords to use before...
Report: Renters Need to Earn $63,680 to Afford a Typical Apartment

Report: Renters Need to Earn $63,680 to Afford a Typical Apartment

by Phil Hall | Jan 22, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Renters need to earn $63,680 to afford the median asking rent ($1,592) for an apartment, according to a data report from Redfin (NASDAQ: RDFN). This marks the lowest amount needed for rental housing occupancy since March 2022, as well as a 0.4% year-over-year decline...

Nashville Man Sentenced to 4 Years for Covid-Era Rental Assistance Fraud

by Phil Hall | Jan 22, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Nashville man was sentenced to four years in prison plus three years of supervised release for his role in a scheme to fraudulently obtain emergency rental assistance designated for households impacted by the Covid-19 pandemic. According to the charges brought...
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