According to a Zillow news release, pet-friendly rental listings rent eight days faster on average and attract 9% more views, 12% more saves, and 11% more shares than those that don’t allow pets. The report also reveals that 58% of renters now have pets.
After NYC’s FARE Act banned broker fees for renters, average rents jumped 15% in just one week, from $4,750 to $5,500. Nearly 2,000 listings vanished from StreetEasy, and agents are now navigating a growing “shadow market” of off-platform rentals.
On Tuesday, July 16, 2024, President Biden is announcing proposals aimed at lowering housing costs—including a plan to cap annual rent increases at 5% for landlords with more than 50 units, accounting for over 20 million rental units in the U.S.
Lindsey Jo shares how to reach out to landlords on Zillow in order to build your database and find new listings.
A new report from Redfin shows the median U.S. asking rent for August at $2,052—$2 less than the record high set one year earlier. Despite near-record rents, landlords in some parts of the U.S. are offering concessions to attract renters as vacancies rise.
The Bank of Canada’s decision to hold interest rates steady may force landlords in Canada, squeezed by the increase in their monthly mortgage payments, to raise rents or start selling their investment properties.
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