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Hyatt to Launch Platform Offering Short-Term Vacation Rentals of Private Homes

Hyatt to Launch Platform Offering Short-Term Vacation Rentals of Private Homes

by Phil Hall | Sep 28, 2023 | News/Current Events, Real Estate News, WRE News Exclusive

Hyatt Hotels Corp. (NYSE: H) is planning to launch Homes & Hideaways by World of Hyatt, a new platform offering the short-term vacation rentals of private homes in leisure and resort locations. In announcing the new platform, the Chicago-headquartered company...
San Francisco Building Inspector Investigating ‘Sleeping Pods’ Start-Up

San Francisco Building Inspector Investigating ‘Sleeping Pods’ Start-Up

by Phil Hall | Sep 28, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

San Francisco’s Department of Building Inspection is investigating whether a start-up company has violated housing code rules by setting up so-called “sleeping pods” as a residential alternative to traditional rental housing. Brownstone Shared Housing provides...
Kahea Zietz Named VP and Co-Owner at Hawai’i Life

Kahea Zietz Named VP and Co-Owner at Hawai’i Life

by Phil Hall | Sep 25, 2023 | News/Current Events, Real Estate News, WRE News Exclusive

Hawaiʻi Life, a residential real estate brokerage based in Kauai, Hawaii, announced the appointment of Kahea Zietz to the position of vice president and co-owner. In her new role, Zietz will oversee the firm’s wide-ranging rental services, which include both...
Canada Provides $107.5 Million for New Vancouver Apartment Complex

Canada Provides $107.5 Million for New Vancouver Apartment Complex

by Phil Hall | Sep 22, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Canadian government is providing $107.5 million in low-interest loans through the Rental Construction Financing Initiative (RCFi) to build a 215-unit multifamily complex in Vancouver. The project is known as W42 and the government’s funding is part of a federal...

Renting is Less Costly Than Home Buying 47 of the Top 50 Metros

by Phil Hall | Sep 21, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Buying a starter home in the top 50 metros cost $1,111 (60.3%) more per month than renting in August, as median U.S. rents recorded their fourth consecutive month of year-over-year declines, according to data from Realtor.com. The median asking rent in the 50 largest...
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