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RentCafe Debuts ChatGPT App

RentCafe Debuts ChatGPT App

by Phil Hall | Apr 30, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The rental housing platform RentCafe has become the latest real estate company to have an app on ChatGPT. According to the Santa Barbara, California-based company, the new app will enable renters to search, compare, and explore up-to-date apartment listings using...
Report: More Millionaires Are Favoring Rental Housing Over Homeownership

Report: More Millionaires Are Favoring Rental Housing Over Homeownership

by Phil Hall | Jun 4, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Contrary to popular imagination, not every millionaire owns a mansion. Indeed, new research published by RentCafe based on IPUMS data has determined that an increasing number of millionaires prefer rental housing. Between 2019 and 2023, the number of renters and...
New Data Reports Offer Rival Views of the Rental Housing Markets

New Data Reports Offer Rival Views of the Rental Housing Markets

by Phil Hall | Jul 24, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Two newly published data reports are offering very different views on the best markets for rental housing. Realtor.com’s newly published Top 10 Markets for Rents ranked cities in the South and Midwest highest for their rental affordability, rental availability,...
Report: 1 Million New Rental Housing Units to be Ready by 2025

Report: 1 Million New Rental Housing Units to be Ready by 2025

by Phil Hall | Aug 24, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The next two years are expected to see the completion of 1 million new rental housing units, according RentCafe’s annual Apartment Construction Report. Tapping into data from its sister company Yardi Matrix, RentCafe is forecasting 460,860 new apartments to open this...
One-Third of Apartments in Adaptive Reuse Projects Came from Office Buildings

One-Third of Apartments in Adaptive Reuse Projects Came from Office Buildings

by Phil Hall | Aug 8, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 10,090 apartments were created in 2022 by converting other commercial real estate properties into housing, according to a new RentCafe analysis of Yardi Matrix data. Office buildings were the main source of converted apartments last year, with a 33.6% share...

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